FOUNDING MEMBERS» Invicta Angels

» Assoc. Investidores Capital Risco Covilhã

» Clube de Cascais

» Business Angels Club

» Assoc. de Business Angels do Algarve

FOLLOWING MEMBERS

» Vima Angels (Guimarães)

» Clube de Business Angels do Alentejo

» Coimbra – Centro Business Angels

» Marinha Grande

TO BE MEMBERS

» Santarém

» Setúbal

» Madeira

FNABA: KEY ENABLER OF THE PORTUGUESE ENTREPRENEURSHIP ECOSYSTEM

ENTREPRENEURS

Tech Parks;

Universities;

Entrepreneurship

Education

Associations;

Entrepreneurship

Foundations; Research

Centers…

Venture Capital

Corporate Venture

Private Equity

BUSINESS ANGELS

FNABAEBAN

WBAA

GLOBAL MARKET

FNABA has a key role in the Portuguese entrepreneurship ecosystem

• Adding management knowledge and experience acquired to the technological and scientific environment;

• Direct access to the international network of Business Angels, both European and worldwide;

• Opens doors for the commercial development of new projects in globalized markets;

• Invest “Smart Money” in Early Stage projects;

2006 2007 2008

Number of BANs 6 10 11

Number of Business Angels 200 430 402

Number of deals 3 11 13

Number of accredited projects 60 740 708

Number of commercial BANs 1 0 0

Number of non-commercial BANs 1 9 10

Number of national BANs 2 3 3

Number of regional BANs 4 7 8

National association 2 2 2

=

=

=

National Figures

Source: EBAN

1.000.000€

412.000€

96.000€

35.000€2007 2008

2007 2008

Total Invested by Business Angels

Average Amount of the Deal

Source: FNABA

(2008)

Source: APCRI

*

* Buyout value largelly influenced by a single investment in the energy sector

Source: APCRI

Seed and Start-Up Capital Investment in Portugal

0

10.000

20.000

30.000

40.000

50.000

60.000

1999 2000 2001 2002 2003 2004 2005 2006 2007 2008

1.0

00

eu

ros

Seed Start-Up

Opportunities

• A new Entrepreneurship Ecosystem is under way.• Entrepreneurship Education from Basic to Secondary School• Professional Development and Training, Small Business Financing and Resources.• Increase of Business Plan Competitions in Universities• Innovation Infrastructures: Enterprise Nests, Universities, Laboratories, Tech Parks.• The quality of qualifications and the amount of conferences is rapidly growing among

entrepreneurs in Portugal.• Financing programs are positive to entrepreneurs.• Emerging companies are addressing the global markets.• Favourable fiscal policies to Venture Capital and Private Equity.• Throughout the Portuguese territory the BA’s have been working closely and in strong

connection to each other.• First successful BA exits

State of the Art – The BA’s expertise/experience in PortugalOur opportunities and the way we address the problems

State of the Art – The BA’s expertise/experience in PortugalOur opportunities and the way we address the problems

Problems

• Business Angels Tax frame inadequate for stimulating investment.

• Lack of co-investment funds for BA’s.

• Lack of University Venture Capital funds.

• Lack of Regional Venture Capital funds.

• Lack of Exit options in the national market.

• Need of funds to support the 2nd and 3rd round of investment, especially in

biotechnology projects.

FNABA’s Short Term actions

• Characterization of the main target sectors;

• Identification of the main BA for each business sector;

• Development of training programs for current and potential BA;

• Development of visit plans and public relations in the main Universities and Polytechnic Institutes;

• Consolidation of the international contacts and development of interaction formats;

RECENT PROJECTS

2007Investment by 3 Business Angels of Business Angels Club + InovCapital20082nd round with InovCapital + new Business Angel

Multi task creation, universal with application in mountain and camping stoves.» Allows cooking with strong wind conditions (tested with winds over 30km/h)» Saves 50% of the usual energy» Increases comfort and safety» Very light and resistant» The first and only mountain oven

» BA INVESTMENTS

April, 2008

Investiment : €100.000

Entrepreneurs – 25%Business Angels – 30%

VC – 45%

“We have an international focus and are now negotiating a partnership in Spain to achieve a

growing global scale.“Bianchi Figueiredo, entrepreneur

OMNITA develops autonomous systems (robots) to remote monitorization.

OMNITA also receives data at three levels: aerial, land and under water in real time and in an interactive way.

Data is delivered to client in a processed report.

RECENT PROJECTS

» BA INVESTMENTS

INVESTMENT (2008)95.000€

INVESTORS InovCapital and Business Angels

Key4kids works in the field of editing and publishing of pedagogical materials, namely games and books, aimed to the 4-12 year old target.

This is a complement to school as it provides fun at the same time as learning of foreign languages and other subjects.

Perfect to be used by parents.

Isabel Flores

Key 4 English CollectionThe first kit is about colors and includes an audio CD, exercises, a game and an art activity.

RECENT PROJECTS

» BA INVESTMENTS

Micropolis develops capsules which contain small particles of liquid or solid materials that react in different ways to heat, cold, movement, etc.

There is a vast application in the following indutries: pharmaceutical, cosmetic, cleanning agents, textile, etc.

TOTAL INVESTMENT

InovCapital (5 years)Business Angel (2

years)

1.000.000€

Business sold (100%) to the belgian

Devan Chemicals

Value added to investors of

200%

RECENT EXITS

» BA INVESTMENTS

FNABA - Federação Nacional de Associações de Business Angels

Rua 7 de Junho de 1759, Nº 1Lagoal - 2760-110 Caxias

info@fnaba.org ; www.fnaba.org