CEED Macedonia Business Angels Club Became a Member of European Business Angel Network – EBAN February 1, 2016

CEED-LogoSince January 2016, CEED Business Angels Club is officially a member of European Business Angel Network – EBAN.

EBAN (European Business Angel Network) is the pan-European representative for the early stage investor community, gathering 170 member organisations in 59 countries today. Established in 1999 by a group of pioneer angel networks in Europe with the collaboration of the European Commission and EURADA, EBAN represents a sector estimated to invest 7,5 billion Euros a year and playing a vital role in Europe’s future, notably in the funding of SMEs.

CEED Business Angels Club (CEED BA Club) was formed as a sub club from members of CEED Business and Learning Club Gold, in November 2013 and is one of the first clubs of this kind in Macedonia. Currently, 16 entrepreneurs are Club members who are willing to invest in business ideas or existing businesses, if they identify potential for growth or innovation.

The first business ideas were presented to the club members on April 2, 2014. After one year of existence, CEED Business Angels Club made the first investment in December 2014, and the second one in May 2015. At this time being four potential ideas are reviewed.

USAID support the activities оf the business angels through the Business Angels Co-Investment Fund – BACIF, as a part of USAID’s Micro and Small Enterprises Project, which project is implemented by CEED Macedonia.

For more information, go to http://ceed-macedonia.org/ceed-club-2/ceed-macedonia-business-angels-club/.

Category: Member News