March 2015 start it

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Who we are

Italian Angels for Growth (IAG), the largest AngelGroup in Italy, was founded in 2007 as a non-profitassociation, by nine Founding Members.Nowadays IAG consists of about 120 members.Our purpose is to promote entrepreneurshipas an engine of economic growth and a tool ofdemocracy in our country.

We strongly believe in the need to help newentrepreneurs to rise and grow the companies ofthe future.

Our organization is promoted and managedexclusively by individual investors and weoperate in order to offer our members the bestopportunities to invest in. The Organization is,therefore, totally apolitical and independent fromspecific sources of deal flow, public or private

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Our values

Global Vision

Profit

Sharing

Innovative Entrepreneurship

Merit

Passion and Fun

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How we operate: investment process

PreScreening

Screening groups

Screening committee

General assembly

Due diligence

Investment

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Our investment focus

We invest in Italy and abroad wherewe work with partners such as otherangel groups or funds

Target sectors

we invest in any sector where we have at least one expert

member

Level of innovation

strong proprietary product or process innovation, both in new

and traditional sectors

Investment stage

early stage financing, including seed but above all start-up

financing

Investment amount

from €300,000 to €800,000

Target companies

start-ups and young companies (up to 2 mil € in revenues) with

high growth potential

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Soft commitment

From 22.02.08 to 31.12.14

In due-diligence & negotiation

BP received Screening groups

Rejected by screening groups

Presented to members

Deals closed

2135

457 (21%)

561 (27%)

92 (4,4%)

61 (2,8%)

30 (1,4%)

7 (0,3%)

Our Deal Funnel

2395

470 (20%)

629 (26%)

104 (4,3%)*

66 (2,8%)*

32 (1,3%)

6 (0,3%)

PassPack, Biogenera, Quotient, Senseor, S5 Tech, Trumedia, Spreaker, Nomesia, Ohikia,

On-Sun, WIN, Stereomood, Agroils, Sedidicodici, Margherita, Eugea, Proxtome, Angiodroid, Musement, Cellply , Lovli, GiPS

Tech, Biobeats, Wineverse, Qurami + 6 Individual invest.

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Portfolio IAG by industry: amount invested

Medical/Diagnostics;

€ 2.200.000

Internet; € 1.282.500

Cleantech;

€ 1.420.000

ICT / IT / HiTech;

€ 1.997.500

Electronics;

€ 1.344.000

BioTech / Life

science; € 2.090.000

Media /

Entertainment;

€ 659.000

Telecom / Mobile;

€ 185.000

Other sectors;

€ 461.000

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Portfolio IAG by Geography

Piemonte

Lombardia

Toscana

Lazio

Emilia Romagna

Friuli V.G.

Spreaker**Eugea

BiogeneraAngiodroid

Cellply

MargheritaNomesiaS5TechOhikia

MusementLovli

Drexcode

SediciDodici

StereomoodPasspack*

Qurami

AgroilsWIN

*Biobeats

UK/Spagna On Sun SystemsIsreale/USA TrumediaFrancia SenseorUK Quotient*Italia/USA Passpack, Biobeats**IT/USA/DE Spreaker***USA/Italia ProxToMeUSA Tok.Tv, Biobeats

28 Startups

Outside Italy

5

3

6

Calabria 1GiPS Tech

ProxToMe***Wineverse

2

1

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A total of 43 investiments, 27 first rounds, 10 follow-on roundsand 6 individual investiments.

Our results

Total investments amout to more than € 11.7M (€23M including co-investors).

Benchmarking trips: 8 (USA x2, Israel, China, UK, Sweden, Slovenia, India,

Germany)

Winner of the 2010 EBAN award for Best Investment in a Social Enterprise

(Biogenera)

Shortlisted for the 2010 EBAN award for Business Angel Group of the Year

Winner of the 2011 EBAN award for Best Angel of the Year (Francesco Marini

Clarelli)

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IAG members’ geographical distribution

117 Members

Principato di Monaco 1

Lombardy 58

North - West 8

Emila Romagna 10

North – Central 7

North-East 20

Como 1Cremona 1Bergamo 2

Milano 50Varese 1Monza 3

Roma 12

Firenze 1Pisa 1Prato1 Siena 1

Torino 4Cuneo 1

Genova 3

Udine 7Pordenone 4Trieste 1

Belluno 1Verona 5Padova 2

Terni 1Ancona 1Perugia 1

Bologna 6Modena 2Piacenza 1Parma 1

Outside Italy

Lazio 12

Sicily 1Palermo 1

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14% Consultant

19% Finance

24% Entrepreneur

37% Manager

6% Other

IAG members’ background

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Portfolio

Italian Angels for Growth www.italianangels.net