World Business Angels Association
Encyclopedia
The World Business Angels Association (WBAA) is an international, not-for-profit organization whose mission is to stimulate the exchange of knowledge and best practices in the field of global angel capital financing
for high growth and innovative startups.
Based in Brussels, the WBAA was formed by leaders of twelve national business angel federations to create an international community of business angel networks and leaders for the promotion of innovation and entrepreneurship through the financing of high growth start-up companies with the support of business angels worldwide.
and was co-organized by Portuguese Business Angels Federation (FNABA), European Business Angels Network (EBAN) and US Angel Capital Association (ACA). A follow-up meeting of the organization's Charter Members was held on April 19, 2009 in Dubai, leading to the Inaugural World Business Angels Association Global Conference in Beijing, China on December 5-6, 2009. name=CBAA>
which in turn represent business angel groups and networks in their respective countries. Neither business angel groups themselves, nor individual business angel investors, are members of WBAA, although they may be involved with the organization in other ways and participate actively in its programs. Countries whose national business angel federations are represented in the organization include Australia, Chile, China, France, Germany, Italy, New Zealand, Panama, Portugal, Scotland, Spain, United Arab Emirates, United Kingdom, and the United States, as well as the European Union.
Angel investor
An angel investor or angel is an affluent individual who provides capital for a business start-up, usually in exchange for convertible debt or ownership equity...
for high growth and innovative startups.
Based in Brussels, the WBAA was formed by leaders of twelve national business angel federations to create an international community of business angel networks and leaders for the promotion of innovation and entrepreneurship through the financing of high growth start-up companies with the support of business angels worldwide.
History
The organizational meeting of the WBAA was in Estoril, Portugal, on October 10, 2007and was co-organized by Portuguese Business Angels Federation (FNABA), European Business Angels Network (EBAN) and US Angel Capital Association (ACA). A follow-up meeting of the organization's Charter Members was held on April 19, 2009 in Dubai, leading to the Inaugural World Business Angels Association Global Conference in Beijing, China on December 5-6, 2009. name=CBAA>
Membership
WBAA is an NGO whose direct members are national federations,which in turn represent business angel groups and networks in their respective countries. Neither business angel groups themselves, nor individual business angel investors, are members of WBAA, although they may be involved with the organization in other ways and participate actively in its programs. Countries whose national business angel federations are represented in the organization include Australia, Chile, China, France, Germany, Italy, New Zealand, Panama, Portugal, Scotland, Spain, United Arab Emirates, United Kingdom, and the United States, as well as the European Union.