The World Business Angels Investment Forum (WBAF) held in Istanbul gathered the investment ecosystem

Albert Colomer, Board Member of EBAN and BANC’s Director, was present at the event

Istanbul, on February 14th 2017. Following the success of the first World Business Angels Investment Forum (WBAF) held in 2016, this year the event was raising expectations.

The forum was held in Istanbul last Monday 27th, and it has focused on the different options that companies have to boost innovation and bring more value through partnerships with business angels, startups and SMEs.

More than 100 global experts participated in several panels and presentations.

Albert Colomer, BANC’s Director and Board Member of EBAN, participated in two of these panels, debating issues such as the consequences of Brexit on the private investment ecosystem and the effect of the Global Youth Empowerment Fund on project financing.

Private investment and Venture Capital are growing significantly globally. During this first quarter of the year, Venture Capital funds are almost 17% of the funds invested.

The event also highlighted the role of Angel Investment, recalling that more than 90% of investments in early-stage European companies come from Business Angels.

The size of the investment market in start-up companies is over 5.7 billion euros in Europe and more than 20 billion dollars in the US and Canada. The total market size is expected to exceed $ 50 billion by 2020.

It has also been recalled that more than 96% of the world economy is driven by SMEs, startups and entrepreneurs.

Albert Colomer said that many governments have already understood the importance of investment in creating new jobs and promoting social justice, and have therefore implemented new regulations that provide tax incentives for Business Angels and start-ups.