Are you looking for investment opportunities and want to invest your money in the real economy? In a professional and confidential setting, discover innovative projects chosen by our Be Angels selection committee, join a network of experienced investors and, every month, attend an investment forum where several start-ups share information on their project.
What is a business angel?
A Business Angel presents himself as an investor who exchanges his entrepreneurial experience, his network of contacts and part of his assets against a minority share of the capital of a company. They are usually former executives of major companies, entrepreneurs or entrepreneurs who have ceded their businesses to invest.
Why Join Be Angels ?
- Integrate a network of investors
- Discover innovative start-ups
- Add value to your experience and expertise
- Access a hand-picked deal flow
- Benefit from best practices in fundraising
- Benefit from privileged conditions to join the SIBA, programma fast-track, invitations to many events
The annual fee is € 550 (VAT excluded) with a registration fee of € 400 (VAT excluded).
- At the time of the first investment of at least 50,000 euros by a member on the same project during the year, the contribution of the following year will be credited;
- The annual subscription will also be credited for the following year when this member encourages one of his contacts to become a member of the network and to remain for more than one year; and that he ensures the sponsorship / accompaniment of this new member during the first activities in which he is required to participate
Check out our Code of Conduct: Be Angels Code of Conduct
Review of applications
Entrepreneurs submit their applications online. A management team analyzes their project and decides whether or not they will present their project to the Selection Committee.
The Selection Committee, composed of the most active members of Be Angels, selects projects based on criteria such as the quality of the entrepreneurial team, the feasibility of the project, the attractiveness of the offer to investors, etc.
Presentation to the forum
Projects selected by the Selection Committee are presented at the Monthly Investment Forum. At the end of each event, we ask you which projects you are interested in organizing at the first meeting.
Be Angels organizes the first dealmaking meetings with the contractor. The meetings are organized in the presence of a Dealmaker representing Be Angels. His role is to ensure a good balance between the respective expectations of the investor and those of the entrepreneur. Your attendance at meetings does not imply any investment obligation.
Your investment formulas
There is no typical investor profile. That’s why, according to your expectations and needs, we offer 4 different investment formulas:
The Business Angels' Investor Club
Your ideal formula if you discover the activity of Business Angel.
The Independent Business Angel
In this formula, you invest individually in the projects of your choice. You are a member of the network without belonging to a specific investment group.
Investment Structures with Business Angels (SIBA)
Do you want to co-invest passively alongside savvy and experienced investors? It is now possible with this formula.
A “lead angel” is designated for each project studied, on the basis of his knowledge in the field concerned. Less time consuming, the investment is voted on electronically, via majority.
SCALE Investment Fund 1
Launched in 2017, this first fund is exclusively dedicated to start-ups in the scale-up phase, previously supported by members of the Be Angels network. Capitalized for 2.5 million euros, it plans to invest in six start-ups over the next two years while maintaining a refinancing capacity.
Take advantage of a tax reduction, thanks to the Tax Shelter
The Tax Shelter for start-ups is a tax reduction on individuals who invest in the capital of start-ups, and aims at boosting entrepreneurship in Belgium. The tax reduction amounts to 30% to 45% of the amount invested, subject to certain conditions.
Be Angels Academy
Training dedicated to business angels at the beginner level or those who wish to specialize
This training offers 8 modules:
- Business Angel Investor Cycle
- Due diligence
- Valuation of start-ups
- Negotiation: from the investment letter to the deal
- Portfolio Management and Monitoring
- Relationships between Entrepreneurs, Shareholders and Governance
- Negotiation: from the investment letter to the deal
The registration fee is as follow:
- € 1450 for Be Angels members
- € 2450 for non-members
The next training cycle is scheduled for early 2019.
WBAC: Women Business Angel Club
Initiated by the Be Angels network, the WBAC is the first female business angels network in Belgium. It brings together women who personally invest in potential start-ups and support them, with the aim of helping them emerge and grow.
The WBAC meets monthly as part of a joint investment forum with Be Angels, and then during a debriefing after each Forum. Trainings are organized for the members in order to better apprehend the activity of the business angels.
The last financial deals
Commuty vient de boucler un tour de table pour un montant de 500.000 euros. Une petite dizaine d’actionnaires ont pris part à cette levée de fonds. Le réseau Be Angels en fait partie, tout comme Sambrinvest. Des investisseurs privés, dont Michel Pêtre (patron de la société Taxis Verts et premier investisseur, en 2016, dans Commuty) et François Van Uffelen (qui a revendu, en décembre, sa société Babelway au groupe américain Tradeshift), complètent le tour de table.
La société Osimis, spécialisée dans l’imagerie médicale, a bouclé un troisième tour de financement, à hauteur de 2,3 millions d’euros, afin de poursuivre son développement
Passbolt lève 460.000 euros et assure sa croissance Le tournant 2018-2019 s’est soldé par une nouvelle levée de fonds pour la start-up active dans la
It was fascinating to have different experiences around the table, and this allowed us to close some deals that I would never have engaged in with no experience in the sector.
Be Angels allows one to view about fifty projects per year, which gives the possibility to each member to find and select the projects that they prefer, and this contributes to a significantly added value. They also provide an address book in addition to financial support that is already available to convincing entrepreneurs. But Be Angels also offers a network of potential partners, and even friends with whom it is always nice to exchange views on issues, some of which represent the future of our industries and services.
Be Angels finally brings a unique experience to the table. For me, it is just beginning - you only become a BA in the long run - learning is first of all knowing how to take advantage of your failures and that of others.
Would you like to join the network?