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Vienna becomes the focus of the international investment scene!

Dimitris Tsingos, CEO of StartTech Ventures, will attend the Congress also as a Member of the Board of EBAN

EBAN Press Release:

“The most significant European angel investment scene event, the EBAN (European Business Angel Network) conference, is hosted this year by the Austrian Angel Investors Association (AAIA) for the first time in Vienna. The Congress will be hosted In cooperation with EBAN, UNIDO und AVCO.

The two-day event takes place on 13th and 14th May 2013. 300 of the most important angel investors, venture capital firms and early stage fund managers meet at the House of Industry and make Vienna a hotspot of the international early-stage investment scene.

The term business angels refers to individuals investors that contribute financially to a startup company or projects and incorporate both capital and sustainable know-how and contacts in their investments. Often they are (former) entrepreneurs or top managers.

For already active business angels and for those interested, the EBAN Congress 2013 offers a unique opportunity to network with international investors, exchange experiences and to acquire further know-how for their own investments through offered trainings and coachings.

Austrian Minister of Finance and EU Commission Representative opening the congress

Angel investors play an increasingly important role as investors in the economy. To reinforce the economic significance of angel investors at the political level, Austrian Minister of Finance Maria Fekter and EU Commission Representative Christian Weinberger will officially open the congress with a speech.

Awards Ceremony

A highlight of the annual conference is the presentation of the EBAN Awards. Those include the category “European Business Angel of the Year”, which offers additional networking opportunities for investors at a formal ceremony at the Gala Dinner on 13th May.

Economic factor Angel Investor

“To bring the renowned congress to Vienna is an important achievement and a honor for the Austrian Angel Investors Association. We are proud of the many national and international partners such as UNIDO and the Ministry of Finance and the AWS “, says Selma Prodanovic, AAIA co-founder and CEO, adding:
“Worldwide, the notion that start-ups contribute significantly to the innovative capacity of a country to create jobs and thus increase the prosperity of a nation has become accepted. Business angels contribute essential funds to start-ups, thereby becoming an increasingly important economic factor. ”

AAIA as a national Angel Investor Network

The AAIA (Austrian Angel Investors Association) has successfully established itself since its foundation in 2012 as the national advocacy for Angel Investors. Meanwhile, it has won many active supporters such as Hansi Hansmann, Veit Sorger, Manfred Reichl, Nemsic, Markus Wagner, Alfred Ötsch or Werner Wutscher who are members of AAIA. The aim of the AAIA is to connect experienced angel investors and those who want to be angel investors.

There are monthly investment lounges which provide a lively deal flow of investment opportunities. AAIA has already prepared a paper in the “Tax Expert Group” working group about the Austrian tax requirements to improve the legal framework of Angel investments in Austria.

“In the medium term AAIA has planned to have representatives in all provinces to better organize local angel network initiatives and support for young companies or interim financing and generally for those who need alternative sources of funding,” says Stefanie Pingitzer, founder and deputy director of the AAIA. “In contrast to most other European countries the terms angel investment business angels are still not widespread in the population in Austria.

We have to tell success stories and promote the importance of angel investors for the Austrian economy, “says Hansi Hansmann, CEO of AAIA and Austrian Super Angel with already 18 private equity investments and adds:” The organization of the EBAN Congress will nationally as well as internationally promote the importance of angel investors as an alternative source of funding and show examples of several successful investments. It will demonstrate what return on investment and return of fun the right investment decisions can provide for angel investors.

AAIA members benefit from discounted tickets to the Congress. Interested individuals and parties now have the opportunity to acquire AAIA membership and tickets in a combination package.”

For more information and tickets to the event, please visit: www.eban2013.com

More information on the Austrian Angel Investors Association is available at: https://www.aaia.at

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