Want to invest in the next Google, Navman, or TradeMe? A ‘De-Mystifying Angel Investment’ seminar is being held in Auckland tomorrow to explain the mechanics of angel investment to people interested in investing in early stage businesses.
Event details: “Demystifying Angel Investment”, 11 November, 5.30pm at Otago University, 385 Queen St, Auckland. Contact NZVIF by email or phone (09) 951 0170 to register.
Angel investors is the term given to experienced business people who invest not just money but also some time and effort to help new businesses to grow.
New Zealand Venture Investment Fund chief executive Franceska Banga said attracting more people to angel investing could help to increase the amount of capital available to young companies with high growth potential.
“New Zealand produces quality research and innovation which we struggle to commercialise because of the difficulty in finding capital.
“The current investment climate is making capital even harder to find in the short and medium term for young companies. So increasing the pool of high net worth individuals who want to engage in angel investing is, arguably, more important than ever.
“More angel investment will be good for New Zealand’s economy. We need more seasoned angel investors willing to invest in young companies with innovative products and high growth potential.
“The Auckland seminar will introduce potential angels – generally people who have done well from a successful business and are looking for new investment opportunities – to the mechanics of angel investing. It will also introduce them to some Auckland-based angel groups such as Sparkbox, and ICE Angels.
“Currently, there are around 250 experienced angel investors active in New Zealand, although many more will be doing it on an ad hoc basis. A pool of around 1000 active angel investors would greatly expand the
capital available to young companies.”
The Auckland event is one of a seres which are being held in centres throughout New Zealand by NZVIF, in conjunction with the Angel Association NZ and local angel groups. The presenters include representatives from NZVIF and ICE Angels.
3 comments ↓
[...] to the seminar run in Auckland last year, this evening is aimed at people interested in becoming angel investors, and is part of [...]
I would like to secure a loan of $800.00 from a Angel Loan.
Is this type of funding available in Auckland.
Regards
Margaret Vickers
Margaret,
Unfortunately, most angels investors are really only interested in investing in high-growth businesses. If it’s a personal loan you’re after, I’d recommend talking to your bank manager.
Best regards
Dave
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