Business Angels Netzwerk Deutschland e.V. (BAND) is engaged to build up the Business Angels Culture in Germany. BAND organizes the exchange of experience and supports co-operations. As the umbrella organization of the German informal venture capital market, BAND is the speaker of the German Business Angels and Business Angels networks towards politicians and the public.
BAND was founded in 1998 as a registered association. Since 2001 BAND is the recognized umbrella organization of the German Business Angels and their networks
BAND stands for the model of the “two-winged” Business Angel, who supports young innovative companies with both, capital and know-how. Business Angels are typically found at the beginning of the funding chain, where the bottleneck is the greatest. In addition, Business Angels take on an increasingly important role in providing follow-on financing. Business Angels are also important for the economic growth, because they are channelling capital and know-how into innovative projects.
Business Angel Ecosystem
In the Business Angel Ecosystem there is a constant process of change. BAND reflects this change (Super Angels, Crowd Investing, Accelators, Incubators, family offices) and offers partnership to the new forms of financing as well as to the classic venture capital funds.
The website www.business-angels.de procides the central access to the activities in the German Business Angels market and contains all the important information. Links lead to all Business Angels networks that shape the market together with BAND and to the members and sponsors of BAND. Special services of BAND are the list of eligible companies for the public funding program “INVEST” and the advisory tool where experts of the Business Angels market answer to all questions around the topic equity (financing, contracts, exit, intellectual property, etc.)
Federal Ministry of economics and energy