IBAN ITALIAN BUSINESS ANGELS NETWORK

1
IBAN (ITALIAN BUSINESS ANGELS NETWORK)

• IBAN CAN BE CONSIDERED THE MOST IMPORTANT
  INSTITUTION THAT TRULY KNOWS AND REPRESENTS THE
  ITALIAN INFORMAL VENTURE CAPITAL INVESTORS
• IBAN is operative since 1999

2
HISTORY OF IBAN

• It is an Italian not for profit Association
  born in 1999, through a project promoted by
  European Commision (DG Industry)
• In Italy, it institutionally represents and
  promotes investment initiatives in the venture
  capital market coming from informal investors,
  usually called Business Angels (BA)
• IBANs President is both board and executive
  committee member of EBAN, the European
  Association that represents BA Networks in Europe
  
• Through its birth, and a close co-operation with
  AIFI (the Association representing the formal
  venture capital in Italy), IBAN has felt up a
  remarkable gap in the italian venture capital
  chain.

3
IBANS MAIN WORK

• Since its establishment, IBAN has played a key
  role as linker between Market, Institutions and
  Territory
• - IBAN
• Has realised a web site www.iban.it , with an
  average of 6.000 visitors per month
• Has published a White Book about Entreprise
  Innovation, taking into consideration the
  Europen Lisbon Strategy two significant
  proposals to obtain a formal appointment of BA
  and a better taxation system have also been
  presented at European level and at Italian
  Ministry of Economic Development (D.L. 112/2008,
  art. 3 tax incentives on capital gain
  reinvested in start-up companies)
• Has realised and/or taken part in more than 300
  seminars and conferences across all Italian
  Regions and abroad
• Has obtained positive appointments to Italian
  Governement, several local pubblic
  Administrations, CONSOB, Italian Stock Exchange,
  Italian Chamber of Commerce Network, Club Of
  Industrial Districts and to all Business Comminity

4
IBANS MAIN WORK

• It associates more than 200 BA having different
  characteristics and possibility to invest and, in
  addition, operative Companies and Institutions
  working to promote and develop SMEs
• It receives and examines about 300 projects per
  year among them, it selects about 100 projects
  then presented to members
• It has created twelve regional and tematic BAN
  (Business Angel Networks) and Club, promoting
  matching between demand and offer (between
  projects and BA)
• It has taken part in all Institutional tables,
  both at national than european level, concerning
  venture capital.

5
IBANS PUBBLICATIONS

• IBAN has realised several pubblications
• Informal Venture Capital in Italy - survey
  2008, in collaboration with Bocconi University
  Finance Department
• Legal and Fiscal handbook for BA in partnership
  with Studio Legale Antonelli, Cocuzza Associati
  and with Studio Tributario TMF Garlati Gentili
• Guide to setting up of a business with Business
  Angel 2008, in collaboration with KPMG Italia
• Guide to Business Plan, in partnership with
  AIFI and PriceWaterhouseCoopers - 2002. It has
  then become the standard for the venture
  capital sector in Italy
• Standard Behaviour handbook for BAN in
  partnership with ISTUD Foundation, 2001
• The first Study/Book on Informal Venture
  Capital in Italy through the co-operation of
  Professors coming from Seconda Università di
  Napoli

6
IBANS NETWORK SYSTEM

• During last years, IBAN has created a strong
  relationship network that links Institutions
  and Economic Operators KnowHow and expertise,
  covering all value chain in the early stage
  phase.
• In this way, IBAN can really support startup
  entreprises in their growing process.