Every year BAND prices “The German Angel of the Year”. The price called “Goldene Nase” (golden nose) will be awarded to the Business Angel, who has had the right instinct – in the truest sense of the word – in selecting his investments. Business Angels who are supporting their portfolio companies, especially through their own network and know-how, helping them even in a crisis or have had an excellent exit, have the best chance to get the award. Only start-ups can recommend “their” Business Angel for the award.
BAND wants to motivate entrepreneurial experienced individuals to be active as Business Angel and to provide capital and know-how to young and growing companies. The “Business Angel of the Year” will be selected by a jury consisting of top-class experts in the informal venture capital market.