Partnering with Corporate Ventures from Start-up to Scale-up to Exit
13 – 14 February 2017, Istanbul
Building on the success of the first World Business Angels Investment Forum (WBAF) in 2016, this year’s forum, with the theme of ‘Partnering with Corporate Ventures from Start-up to Scale-up to Exit’, will focus on how corporate businesses can foster open innovation and deliver more business value through partnerships with angel investors, start-ups, and SMEs.
Corporate venture capital is booming globally. In the first quarter of this year, venture capital funds accounted for nearly 17% of the total venture capital dollars invested, more than double its share five years ago. In aggregate, corporate venture groups invested $5.4 billion across 775 deals last year.
Angel investment too is booming worldwide. More than 90% of the early-stage investments in Europe come from angel investor capital. The angel investment market size is more than 5.7 billion Euro in Europe and more than 20 billion USD in the US and Canada. The total size of the world’s early-stage investment market is expected to exceed 50 billion dollars in 2020.
SMEs, entrepreneurs and start-ups: OECD reports show that more than 96% of the world economy is driven by SMEs, entrepreneurs and start-ups. Many governments have understood the importance of the early-stage investment market in the creation of new jobs and social justice for their countries and have therefore implemented new regulations that provide tax incentives for angel investors, corporate ventures and start-ups.
As a global organisation, the World Business Angels Investment Forum 2017 is bringing key players of the equity market together to debate the benefits and challenges for the angel investment community in achieving successful growth for their businesses and to discuss what more can be done to connect the early-stage market ecosystem.
Ülkemizin anayasal düzenine karşı yapılan hain darbe girişimini şiddetle kınıyoruz. Bu paralel kalkışmayı hezimete uğratan başta Cumhurbaşkanımız, Başbakanımız ve TBMM Üyelerimiz, güvenlik kuvvetlerimiz ve canları pahasına demokrasinin yanında yer alan aziz milletimize şükranlarımızı sunuyoruz.
Demokrasi için ve bu vatan için canını feda eden tüm şehitlerimize Yüce Allah’tan rahmet, ailelerine sabırlar diliyoruz.
Bizler, ülkemizdeki bu birlik ve beraberlikten aldığımız güçle girişimciliğin gelişmesi ve ülkemiz için daha fazla istihdam üretilmesi yönündeki çalışmalarımıza daha da hız vereceğiz. Üzerimize düşen katkıyı hem Türkiye’de hem de dünyada daha da fazlasıyla ortaya koymaya devam edeceğiz.
Tüm girişimcilerimize, melek yatırımcılarımıza, ve tüm Türkiye’ye geçmiş olsun.
Türkiye Melek Yatırımcılar Derneği
Quick figures: 485 participants from 46 countries – 4 International Investment Forums – 42 jury members from 22countries – 30 startups pitchings from 12 countries – 12 panels with 72 speakers – Forbes Round Table – 1 firechat with 4 speakers– 12 key-note speeches – 2 EBAN Institute Trainings – 1 workshop – Visit to Innovation Center – Award Ceremony of TBAA Excellence Awards –– Bell Ceremony at the Borsa İstanbul
46 Countries represented at the forum: Austria – Albania – Bahrain – Belgium – Bulgaria – Croatia – Cyprus – Denmark – Egypt – Estonia – Finland – Francen- Georgian- Germany – Greece – Hungary – Iran – Ireland – Israel – Italy – Jordan – Kazakhstan – Kosovo – Lebanon – Luxembourg – Macedonia – Montenegro – Morocco – Netherlands – New Zealand – Niger – Nigeria – Poland – Portugal – Romania – Russia – Slovenia – Spain – Switzerland – Turkey – UK – Ukraine – USA – Zambia
4 important MoUs signed:
EBAN & ICC – EBAN & TBAA & BORSA İSTANBUL &TURKISH TREASUREY – EBAN & JCI – BORSA İSTANBUL&TBAA
Youtube Video Channel 1 :
Youtube Video Channel 2:
(username: WBAF Password: WBAF)
*Deadline for visiting the album: 15 March 2016
Official Web Site:
Enjoy reading the above article at the following link:
I want to join the other in congratulating you on an AMAZING event! You and the Turkish business investment community hosted the world in a very gracious and enjoyable way.
The attendance by hundreds of investors, corporate representatives and international organisations was impressive. The speaker presentations and panel discussions on such a wide range of Business Angel Investment issues were really informative. The Grand Tarabya venue with all the branding was visually stimulating. The trips – on the Bosphorus, to the Borsa and Teknik) were each fascinating in different ways as windows into the Turkish world of life and business.
I will leave out the dinner and the belly dancer for obvious reasons….
The centrefold in the Daily Sabah highlighting the WBAF2016 with EBAN, MBAN, ABAN & TBAA was great PR for all.
I will take away with me for always the ringing of the opening bell at the Borso!
Thank you for one of the most memorable conference experiences I have ever had as a business angel.
Tomi Davies, President, The African Trade Association for Business Angels, Nigeria
What else can I still say?
It was indeed a super stupendous event, with top level speakers, government representatives, several ministers from several countries, president of Croatia, EU representatives, US representatives including US ambassador of EU, corporations, JCI, chamber of commerce international, WEF, all together 50 countries represented, angel investors, BAN’s, seed funds, entrepreneurs, fabulous signing ceremonies, media, flash lights, entertaining music, big crowd of 400 and …. hosted in one of the top hotels in Europe!
Great job indeed! Congrats!
Ari Korhonen, EBAN Vice President, Finland
My dear Baybars,
First, I would like to congratulate you on the amazing event you organised and hosted in Istanbul. It was a real pleasure to be a part of that crowd, and, because of the contacts I made there, I think that, in the last 2 days I’m experiencing the true power of networking. Thank you for the opportunity to be there and to pitch. I’ve got some amazing feedbacks and some new doors are opening for me in this moment.
But more than anything, THANK YOU for the award nomination for Professor Balthazar. Not only because it’s a great project, but because You’ve recognised my beautiful Renata and her passion about everything she does. She is my friend and a mentor in many things in life and I know how much this means to her.
Once again, THANK YOU for this chance and thank you for the dance 🙂
I hope we will meet soon! I wish you all the best!
Dear EBAN members and friends,
Representing a country with flourishing entrepreneurial ecosystem, Greece, which struggles to survive through a nonexisting governmental and authorities support, the role of angel investors is now a days even more important than ever. Inspiration and alternative paths of support, is what a local player, as my self, really needs.
On February 22 – 23, I attended the “World Business Angels Investment Forum”, in Istanbul, presented by GBAN and organized by EBAN, MBAN, ABAN and TBAA. In other words, I was lucky enough to find myself among the members of a global business angels community!
Growth minded people, ready to share their experiences and eager enough to generously offer their advices. Born entrepreneurs, global informal investors by definition!
Critical issues came up during forum’s presentations: Governments’ tax break role, the need for faster exits, as a liquidity tool, and the route to IPO and public markets for angel – backed businesses were among the major themes that came up. In addition, special regional sessions, as well as, an in depth discussion regarding the future of the early stage investment market triggered the role of informal equity investors in the economic crisis era we are going through.
Brainstorming, practical issues and execution are what I’ve got back in Greece. In a nut shell: leave business angels to do the work! Their mentoring, coaching and financing charismas are well enough in order to find the way!
Last but not least, a big “thank you” to the Chair of World Business Angels Investment Forum, Vice President of EBAN and President of TBAA, Baybars Altuntas, as well as, to the whole team, for the excellent event preparation, the warm hospitality, and needless to say, their spirit!
Thank you all! Thank you Istanbul!
With kind regards,
Maria P. Hala , Investment Consultant, Greece
Thank you so much for a wonderful and very professionally organised World Business Angels Investment Forum 2016! It was such an enriching and delightful experience with such well designed programme and high caliber participants and a great location!. Admiration and many thanks also again to your daughters for their marvelous help! Looking forward to the next UNIVERSAL Business Angels Investment Forum 2017! – see attachment : )
All the best,
Andreas Bofinger, Co-chair, Hellas Business Angels, Greece
I was not surprise that I am be well treated in your hands. It was a very successful forum with great outcomes for a greater impact on entrepreneurship around the world.
I got useful informations, connections and tips to better serve my country and beyond.
Thank you again.
Yazi Adamou, Chair, Global Entrepreneurship Week, Niger
Dear Baybars, Dear Friends,
It was one of the best organized event I have seen in my life.
Baybars, thank you for an opportunity being part o it and for this experience. Right now being inspired by Borsa Istanbul Privet Market initiative I am in the middle of an email to our Ministry of Development recommending to copy this initiative into polish market :). So hopefully we would be able to show another real result of WBAIF soon.
Michał Ciemiński, , Chair, Polish Business Angels Association, Poland
I would like to congratulate you on a great event. It was superbly attended with very high profile speakers, branding was really excellent and we all know anything that runs that well takes a huge amount of hard work over a long period of time to make it a success. The WBAF2016 with EBAN, MBAN, ABAN & TBAA centrefold reflected very well on the EBAN family.
Michael Culligan, National Director, Irish Business Angels Network, Ireland
I have been to many investor forums around the world in the last year and WBAF was clearly differentiated itself due to i) its rich content, ii) exquisite participants and iii) immediately actionable results. I am very proud of the accomplishments of WBAF not only the outcomes that it brings to the small business investment community but also the leverage of my home country logistics.
There are variety of commercial and financial developments that we have been going through in Massive Bio both in Turkey and US and I am confident that we will announce tangible results soon.
I would like to reiterate my sincere thanks and remind that I would be more than happy to be a bridge to Turkish start-ups in US; please don’t hesitate to see me as an extension to your team in Turkey.
Selin Kurnaz, Phd, Co-founder and CEO – Massive Bio, Inc. 90 West St. #12M, New York, NY, 10006
As the chair of the World Business Angels Investment Forum 2016, it is a great pleasure to invite you to attend this year’s event, presented by the Global Business Angels Network and organised by EBAN (The European Trade Association For Early Stage Investment Market and Business Angels), MBAN (The MENA Business Angels Network), ABAN (The African Business Angels Network) and TBAA (The Turkish Business Angels Association).
The Forum will bring together the best small and medium-sized enterprises (SMEs) from around the world, public authorities, angel investors, venture capitalists, executives of stock exchanges, and representatives of institutions that work to facilitate entrepreneurs’ access to finance, with the aim of taking measures that will facilitate entrepreneurs’ access to finance from start-up to the early exit phase.
Important players from the world’s major business angel investment ecosystems will join forces at this event to develop new financial instruments that will create more finance and liquidity for entrepreneurs, SMEs, innovators and start-ups.
Good news for Business Angels!
The Forum will also provide an opportunity for you to see some of the best startups of the region. Our forum is ending on Tuesday, and you may like to get a 5o-minute flight to Antalya for the biggest startup showcase of Turkey: Startup Turkey. It would be perfect to combine the World Business Angels Investment Forum with the Startup Turkey event on your itinerary.
Good news for Startups!
In addition to high-level policy speeches, we have parallel sessions for startups and business angels, where the best startups of various regions will have an opportunity to raise funds or secure angel investment from the forum participants. If you would like make a pitch to global angel investors at one of the following sub-forums, please send me an email at firstname.lastname@example.org
- Africa Angel Investment Forum
- Middle East & GCC Investment Forum
- South East Europe Investment Forum
- Turkey Investment Forum
Distinguished speakers confirmed so far:
- Jonathan Ortmans, Founder and Co-chair of the Global Business Angel Network (GBAN), President of the Global Entrepreneurship Network (GEN) and Kauffman Foundation Senior Fellow, who will deliver a keynote speech on the future trends of angel investment and the global entrepreneurial ecosystem.
- Anthony Gardner, US Ambassador the European Union, who will give a speech comparing the US and EU entrepreneurial and early stage investment markets.
- Mehmet Simsek, Deputy Prime Minister of Turkey, who will outline Turkey’s engagements and action plans for the global entrepreneurial trends.
- Presidents of business angels associations of more than 20 countries.
I will keep you updated as confirmations from other global speakers arrive.
Our great sponsors and partners
I would like to express our appreciation to the main sponsors of the Forum (Borsa Istanbul, TEB Bank and ITU Teknokent) and to our local partner (Forbes I Para Conferences), whose contributions will help ensure that this intercontinental forum becomes a global success story for the business angels and startups around the world.
Keep the dates! Register now!
Please visit the official website of the Forum www.wbaf2016.org to learn more about the more than 50 speakers, panel discussions, workshops and EBAN Institute trainings, all included in the forum.
Please keep the dates in your agenda and aim to take advantage of the early-bird registration.
I will be delighted to welcome you to Istanbul for this special event on the 21st of February in the city where two continents meet!
Chair, World Business Angels Investment Forum
Vice President, EBAN – The European Trade Association for Business Angels
President, TBAA – The Turkish Business Angels Association
We would like to share some very good news with you. The TBAA – Business Angels Association of Turkey — will host Invest Horizon’s Investment Forum in Istanbul on 7 September 2015, with the Istanbul Technical University Technopark as the venue. This is a European Union-supported project and for the first time it is being held in Turkey, in co-operation with EBAN. More than 30 business angels from Turkey and other countries will listen to start-up pitches and will make investment offers to those entrepreneurs whose business ideas they are interested in.
Registration is totally free and a box lunch and coffee breaks will be provided. You will be coached in the morning on better pitching techniques. Among the coaches are Ferruh Gurtas, Intel’s Regional Director, Kenan Colpan, the CEO of the Istanbul Technical University Technopark, Sertac Fuad Karaagaoglu, Group Director of Istanbul Stock Exchange , Recep Bildik, Director of Private Market, Borsa Istanbul.
At least 20 applications for pitching will be accepted from start-ups. Please apply here:
Application deadline: 6 September.
Note to applicants from outside Turkey: You are strongly advised to apply before August 31. You will be notified of the decision on your application by phone on 1 or 2 September so as to allow sufficient time to arrange flights and accommodation prior to the event.
Start-ups in Turkey can apply until the end of the day on 6 September.
Dear Business Angels!
If you are looking for new opportunities and smart entrepreneurs for your portfolio, this is a great event for you. Please send me an email at email@example.com if you would like to listen to some of the latest business ideas.
Here is the programme:
10:00 – 12:00: Coaching session for start-ups and entrepreneurs (5 coaches)
12:00 – 14:00: Box lunch for all participants
14:00 – 16:00: Investment forum and start-up pitches
Place: Istanbul Technical University Technopark – Istinye Park Karsisi – Arı 3 Binası – ITU Ari Teknokent ITU Ayazaga Yerleskesi
Tel: +90 212 285 03 13
Working Language: English
In case you have any questions, please feel free to contact me by responding this mail or at my personal email: firstname.lastname@example.org
We look forward to seeing you in Istanbul on 7 September at the Invest Horizon Investment Forum.
President, TBAA – Business Angels Association of Turkey
*InvestHorizon is a programme designed to increase investments made in Innovative European SMEs through Investment Readiness development and Investor sensitization. This project has been funded with support from the European Commission.
(Istanbul)– Altuntas of Turkey has been invited by the President Obama to give a speech at the Global Entrepreneurship Summit in Kenya. The White House extended the invitation of President Obama to Baybars Altuntas last week.
Altuntas was one of the invitees of President Obama in 2010 in the first GES in Washington DC. He was given a personal audience by President Obama before the summit started. Altuntas has been recognized by the European Trade Association of Business Angels (EBAN) and received the Best Individual in Europe Globally Engaging with the World Entrepreneurial Ecosystem award in both 2014 and 2015. Altuntas is the Vice President of EBAN, President of TBAA – The Turkish Trade Association for Business Angels & Early Stage Market Players and Ambassador of the World Entrepreneurship Forum to Turkey & South East Europe.
Launched by President Obama in 2009, GES brings together entrepreneurs and investors from across Africa and around the world annually to showcase innovative projects, exchange new ideas, and help spur economic opportunity. The 2015 GES agenda will focus on generating new investments for entrepreneurs, with a particular focus on women and youth. Since 2009, GES has emerged as a global platform connecting emerging entrepreneurs with leaders from business, international organizations, and governments looking to support them. This is the first time GES will take place in sub-Saharan Africa.
Baybars Altuntas is a global entrepreneur, best-selling author, angel investor, columnist, star of the Turkish version of the television show Dragons’ Den, President of the TBAA – Business Angels Association of Turkey, President of Deulcom International, Vice President of the European Trade Association for Business Angels, Seed Funds, and other Early Stage Market Players (EBAN), and the World Entrepreneurship Forum’s Ambassador to Turkey and South East Europe.
He has been recognized by the European Trade Association of Business Angels (EBAN) and received the Best Individual in Europe Globally Engaging with the World Entrepreneurial Ecosystem award in both 2014 and 2015.He is the Ambassador of the World Entrepreneurship Forum to Turkey & South East Europe.
He was interviewed by CNN International about the GES after his meeting with President Obama in 2010.
On the 5th of May, Baybars Altuntas, TBAA President was invited to participate in a panel and dinner discussion by Anthony Luzzatto Gardner, US Ambassador to the EU in Brussels — all organised in cooperation with The European Trade Association for Early Stage Market Players (EBAN). The programme focused on a US-Europe Dialogue on Making Ventures Grow. Ambassador Gardner hosted 50 high-level policymakers, academicians, business Angels, VCs, accelerators, and representatives from stock exchanges and non-profit organisations from the both the US and the EU.
Among the invitees were the Vice President of the European Commission, Executives of the Eurochambers, EBAN Vice Presidents, EVCA Executives, the President of the Business Angels Association of Turkey, the President of the DG Internal Market, Industry, Entrepreneurship, and SME Executives of the European Commission, Members of the European Parliament, Editors of the Wall Street Journal and the Financial Times, the European Crowdfunding Network’s President, the CEO of the London Stock Exchange, the Director of the Istanbul Stock Exchange Private Market, Executives of Google Ventures, Former Vice Presidents of the European Commission, Executives of the National Institute of Standards and Technology, Executives of Microsoft, the CEO of the Global Accelerators Network, Executives of Cisco, Executives of EIF – European Investment Fund, the CEO of the European Business & Innovation Centre Network, the Director of the Association for Financial Markets in Europe, and the CEO of the New York Angels.
Following two intensive panels on broadening Europe’s capital markets and stimulating alternative financing & facilitating the growth of Ventures in Europe, discussions continued over dinner with rapporteurs at each table; TBAA President was the rapporteur for the table 6.
Following a short welcome reception, the event started with the opening speech by Anthony Luzzatto Gardner, the US Ambassador to the EU, and we immediately moved on to the panels:
Panel I: Broadening Europe’s Capital Markets & Stimulating Alternative Financing
The proposed EU Capital Markets Union (CMU) seeks to broaden Europe’s capital markets as well as to move towards a more integrated pan-European market for capital.
Regulatory fragmentation needs to be addressed to develop a single market for capital in Europe. Today, many of the successful European start-ups move to the United States to grow and take advantage of the more liquid debt and equity capital markets. The European Commission has requested feedback on proposals, including the creation of a European private placement market for debt and equity, changes to the Prospectus Directive, and facilitation of high-quality securitization.
- What can be done at the EU level and by US and European investors to broaden the instruments available, particularly to innovative, high-growth firms?
- What must be done to facilitate the development of Europe’s debt and equity capital markets?
- What role can intermediaries such as crowdfunding platforms play?
- Is there a need to stimulate other forms of alternative financing?
Moderator: Peter Spiegel, The Financial Times
Panel II Facilitating the Growth of Ventures in Europe
Much effort has been made in the United States and Europe in recent years to encourage the creation of start-ups. Incubators, accelerators, seed funds and early-stage market players on both sides of the Atlantic have helped to catalyse a stronger entrepreneurial culture. With Europe’s priority being jobs and growth, entrepreneurship is high on the agenda. Young, innovative firms are significant job creators, but ventures need to scale in order to be sustainable engines of growth.
- What can be done to support the scaling of start-ups and innovative, young firms?
- How can the EU support the further development of venture capital and angel investment?
- What role can US and European corporations play in facilitating the creation and scaling of start-ups? What can be done to boost the flow of institutional investment into venture capital?
- What might be the implications of the Digital Single Market on facilitating financing and growth of firms?
Moderator: Stephen Fidler, The Wall Street Journal
After the panels, Karen Wilson, Senior Fellow of Brueghel, gave a summary of the discussions followed by a presentation by Jyri Katainen, European Commission Vice President for Jobs, Growth, Investment and Competitiveness. After a short cocktail, we discussed the findings of the panel discussions over dinner.
The closing remarks of the event were made by Ambassador Gardner and the rapporteurs. Here we will share with you the letter our table decided to write to the EU.
- Please reduce decision-making times.
- Please start supporting entrepreneurship actively instead of simply talking about it.
- Please recruit commissioners in Brussels who have experience starting and failing in businesses.
- Please bring better tax incentives for angel investors.
- Please make equity investment simple.
- Please move from grants to equity and share the risk.
- Please create a favourable ecosystem for start-ups.
- Please trust more in Europe and go for a more European approach.
- Please become positive and develop your communication skills.
- Please, in order to foster the entrepreneurship and investment ecosystem in Europe, resolve the EU membership issue of Turkey.
Here are some additional resources:
- The European Commission’s recently-announced Investment Plan for Europe.
- The European Commission’s Green Paper on building a Capital Markets Union.
- A European Commission staff working document with initial reflections on the obstacles to the development of deep and integrated EU capital markets.
- The European Commission’s consultation document on the review of the Prospectus Directive.
- The European Commission’s Communication on Crowdfunding.
In line with the decision unanimously taken by the founding members, The Business Angels Association of Turkey (TBAA) will represent Turkey in Washington D.C.
The Business Angels Association of Turkey (TBAA) – which has entered into a cooperation agreement with Borsa İstanbul & EBAN last year towards ensuring the development of entrepreneurial ecosystem in Turkey and the South East Europe, increasing the number of entrepreneurs and angel investors, and supporting cooperation for more employment and innovation – will represent Turkey at the Global Business Angels Network (GBAN)Executive Committee.
TBAA has been designated as the first national representative of the global business angels network. TBAA represents 70% of the angel investment community of Turkey and TBAA President serves as the Vice President of European Business Angels Netwotk (EBAN), headquartered in Brussels.
The Business Angels Association of Turkey (TBAA) became the first national member of Global Business Angels Network (GBAN), it was announced at the Global Entrepreneurship Congress in Milan. The TBAA will represent Turkey at the United Nations of the global community of business angels and early stage markets. The GBAN Executive Committee selects one organization per country to serve as the interface between that nation’s angel community and GBAN efforts.
- Recognised as neutral and inclusive by angel organizations in that country;
- Open to engaging actively with other local Global Entrepreneurship Network (GEN) members to improve the local entrepreneurial ecosystem;
- Willing to help angels and others engage in start-up and scale-up community efforts.
Cross-border collaboration and syndication among angels and angel federations has come a long way since the 1999 initiation of the EBAN, The European Trade Association for Early Stage Market Players. The Ewing Marion Kauffman Foundation launched the Angel Capital Association (ACA) in 2005, and the Portuguese Federation of Angels initiated the World Business Angel Association (WBAA) in 2009. All have helped lay the groundwork for the next generation global network, open to all serious non-institutional funders of entrepreneurial ventures: the Global Business Angels Network (GBAN).
GBAN brings greater public awareness and engagement to the role business angels play in helping new firms start and scale. It interfaces with entrepreneurs, policymakers, other early-stage finance actors and leading entrepreneurial support programs to strengthen the global entrepreneurial ecosystem.
GBAN and the Global Entrepreneurship Network
GBAN is an initiative of the Global Entrepreneurs Network (GEN), the community of programs and policy initiatives, now operating in 150 countries.
It enables angels and their advocates to participate more actively in building and strengthening local and regional entrepreneurial ecosystems, by forging connections with start-up communities and policymakers and providing invaluable knowledge sharing and resources.
The TBAA is one of the strongest angel investment associations in Europe, representing 70% of the angel investment community of Turkey. Eight of the 12 business angel networks in the country are TBAA members.
Established in 2011 by a group of pioneer business angels, the TBAA represents a sector that is expected to invest an estimated 400 million Euros annually in a few years’ time and has a key role to play in Turkey’s future, notably in the funding of SMEs and the creation of wealth and jobs. Most TBAA business angel networks, representing over 300 angel investors, are accredited by the government.
The TBAA hosted the European Business Angels Investment Forum last year in Istanbul with the participation of over 200 global business angels from 32 countries. The TBAA also holds the Vice Presidency of EBAN in Brussels.
Baybars Altuntas, TBAA President, highlighted the importance of a global business angels network in increasing cross-border investments in start-ups and high-growths. Looking beyond Turkey, said Altuntas, the TBAA will promote GBAN in South East Europe and Middle East. ‘’We see GBAN as the United Nations of early stage markets of each country, and it includes business angels, start-ups, incubators, technoparks, accelerators, crowd funding platforms, SMEs and entrepreneurs.’ Altuntas pointed to the TBAA’s readiness to share its know-how with countries that will be represented at the GBAN.’’
Candace Johnson, President of EBAN commented on Turkey’s full membership and the TBAA’s role as a global voice and representative of the Turkish business angels and early-stage market ecosystem: “It is with great joy that EBAN the European Trade Association of Business Angel Networks, Seed Funds and Early Stage Market Players, MBAN the Middle East North Africa Network of Business Angel Networks, Seed Funds and Early Stage Market Players and ABAN, the African Network of Business Angel Networks, Seed Funds and Early Stage Market Players join the Global Business Angel Network to support the wonderful work that the Kaufmann Foundation and the Global Entrepreneurship Network have done to create a global innovation and entrepreneurial society and economy. We are most pleased that our Turkish Members, the TBAA are lending their leadership to take this forward in Turkey.”
Jonathan Ortmans, President of the Global Entrepreneurship Network; Senior Fellow, Ewing Marion Kauffman Foundation; and Co-chair of the Global Business Angels Network, commented on Turkey’s full membership and the TBAA’s role as a global voice and representative of the Turkish business angels and early-stage market ecosystem: ‘We are extremely pleased to welcome Turkey and the TBAA as the first national member of Global Business Angels Network. We needed to ensure the first country we chose would be a good role model for other countries. Because the TBAA’s spectacular contributions to the development of the entrepreneurial and angel investment ecosystem – not just in Turkey but throughout the region – it was clear that the TBAA was the perfect choice.’
This article featured in the global media:
Angel News – UK
Migrant Woman – UK
Middle East Business Review – Jordan
Balkans Business Review
Istanbul Stock Exchange, Turkey
Istanbul Finance Center, Turkey
Hurriyet Daiy News, Turkey
Special Messages for TBAA