Business Angels Norway

• Private individuals

• +700 angels
• Policy
• Info sharing
• Investing together

• Dozen of groups according to interests

• Track tech startups and sharing with the network

• Speed-dating and workshop sessions with the startup team members help to identify if the company
really are suitable for investment.

• Program dissemination across the country to attract new Business Angels and Startups

• High focus on cross-border investment

• Create increased mutual understanding between investor communities, and tech startups and scale-ups
“The Nordic Angel Program” ran by Business Angels Norway

• Business Angel Training Program 2018 – 2019

• Funded by the European Commission
• The Nordics: Norway, Finland, Estonia, Denmark

Main highlights
In Norway:
• 223 investors trained during 4 different batches over
the last two years.
• 84 Angel Investors in the first year
• 139 Angel Investors in the second year
• 400 startups analyzed
• €1.5 million into 18 startups
“The Nordic Angel Program” ran by Business Angels Norway

• Business Angel Training Program 2018 – 2019

• Funded by the European Commission
• The Nordics: Norway, Finland, Estonia, Denmark

Main highlights
In the 4 participating countries
• 400 angel investors trained
• 1.800 startups analyzed
• €3.2 million mobilized
Testimonials from Start-up /Investors

Angel Investors feedback: Erlend Mebust

Being an entrepreneur myself with almost no experience as an angel
investor, NAP was a great experience and did kickstart my new role as
Vineet Jain
an angel investor. During NAP I have invest in 6 early stage startup
During this program I really understood what it is to be an Angel Investor.
companies in the areas of EdTech, FinTech, ICT, Health-Tech and E-
For me investing in Start-ups and Scaleups companies was a huge risk. I
commerce.
always wanted to invest but I never knew how to.
The training has given me a great network of investors with different
The NAP Training gave structured and step-by-step guidance and I
knowledge and additional I have from the great lectures also got useful
understand the potential and risks involved.
knowledge.
As part of the training program I got connected to a fantastic network on
both experienced and new angel investors. This has given me insight into
number of exciting cases to invest in and to date I have invested in above 10
companies.

Start-up feedback:
Simon Uldén CEO SWITCHR
NAP helped us to reach more potential angel investors in the Nordic regions, with the added
benefit of marketing though connected events around the program itself.
NAP Angel Investors have been a crucial part of our start-up journey.
The Power of the Network: Main Benefits

- Deal flow
- Stand alone efforts are hard to achieve
- More chances to spread risk

- Evaluation
- Patterns or standardization
- Dynamic thinking
- Skin in the game
- Pairing “brains” together

- Network = Connections
- Connections = Speed

- Pass on or “pay it forward”