BR SPECIAL. Five business angels poised to fly in 2019

With many startups seeking finance, innovative entrepreneurs seem fortunate: if they convince individual investors to inject money into their idea, they win an angel – a business angel. With just 50 business angels active in 2017, Romania still lags behind its European peers, but there are signals on the market that local business investors are willing to put their money into valuable and innovative ideas this year too. Business Review presents five of the most active local business angels to go into 2019. By Anda Sebesi, Ioana Erdei, Aurel Dragan Related: 7 things all entrepreneurs should know about angel investors According to the European Business Angels Network (EBAN) Statistical Compendium, the size of the visible and invisible business angel market in Europe increased to EUR 7.3 billion in 2017, up by 9 percent from 2016, keeping it the main equity market for early stage SMEs and European startups. By comparison, angel investment in the US has reached an estimated USD 23.9 billion dollars. The business angel community in Europe grew to 337,500 investors, who closed 39,990 deals in 2017. EBAN is the pan-European representative for the early stage investor, gathering over 150 member organizations from more than 50 countries. Established in… Read full this story

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