DNA supports and promotes Business Angels in entrepreneurial projects. On this note, DNA signed a protocol with the Cascais Business Angels Club, member of the Business Angels National Federation (FNABA) and European Business Angels Network (EBAN).
What are Business Angels?
A Business Angel is no angel, but can save a good business idea. For those who have the ideas but lack the funding, these types of investors can be the solution. A Business Angel focuses on emerging opportunities (start-ups or early stage). They contribute with smart money, providing not only the financial backing, but also their own experience and business networking.
Business Angels like to mentor projects, while seeking both high profits and new challenges, preferably in their own country or region.
Most small and medium enterprises face a recurring problem: financing. Many use their own private capital or that of friends and family, or are forced to take out loans. Venture capital societies, on the other hand, are only interested in companies with some maturity. Is there a third option? There is - and many choose Business Angels as the ideal start-up financing solution.
These are individuals with the means to invest, who normally possess a significant amount of experience in creating new businesses, and know a good idea with potential when they see one.