Britcham Business Angel Programme Now Receiving Applications

Britcham Business Angel Programme Now Receiving Applications
Comments Off, 24/09/2014, by , in Local Startup News

The Business Angel Programme – Helping Hong Kong’s Entrepreneurs

Now in its seventh year, the British Chamber’s Business Angel programme, sponsored by Baker Tilly Hong Kong and supported by Connect Communication and TiE HK, is once again seeking passionate entrepreneurs across the city. The programme has become one of Hong Kong’s most valued and viable channels for entrepreneurs with new business ventures or SMEs looking for funding to expand, to interact with potential investors and help cultivate our city’s Start-up business community.

Following an in-depth and vigorous vetting process, four new groups of entrepreneurs will be selected to present a ten minute pitch detailing their business concepts to a panel of angel investors and professional advisors drawn from the membership of the British Chamber. Each shortlisted candidate will receive advice and presentation training from supporting organisation Connect Communication as well as one-on-one mentoring from TiE HK before pitching their idea in front of potential investors at a breakfast event on 26th November. The deadline for applications is 3 October 2014. Below are some key dates for the next round:

Friday 3rd October 2014 Monday 27th & Tuesday 28th October 2014

Wednesday 29th October 2014 Wednesday 26th November

Application Deadline
Vetting Sessions with shortlisted candidates to present before the Chamber’s Angel Committee

Finalists Shortlisted
Business Angel Breakfast Event – Candidates Pitch to Angel Investors

As anyone who has pitched their business to potential investors will testify, the process is both exhilarating and nerve-racking. Here’s what a previous participant of the Business Angel programme, Suzanne So, Co-Founder and CEO of Joy Sprouts, has to say about their experience:

“The programme is very effective and helped us tap into a large number of Angel investors in Hong Kong with a relatively short time. This contributed to the US$325,000 funding that we closed.”

Joy Sprouts has developed intelligence technologies that help parents understand the educational needs of their early-age children. They are the first to integrate with the US Department of Health and Human Services’ Head Start Development and Early Learning Framework. They were named as one of the top 50 startups in the Silicon Valley’s TiE50 Awards, and were the Horizon Interactive Gold Winner in the education app category – an international award with 1,000 entries from 25 countries.

About The Business Angel Programme

The Business Angel Programme, established by the British Chamber in 2008, brings people together and creates exciting new business partnerships by giving entrepreneurs with new business ventures, or SMEs looking for funding to expand, the opportunity to present their business plan to investors. Since its inception, the British Chamber’s Business Angel committee has reviewed applications from hundreds of enthusiastic Hong Kong entrepreneurs and shortlists the best ideas.

This important event could not happen without the ongoing sponsorship of Baker Tilly Hong Kong and the support of TiE HK and Connect Communication who have provided fantastic support from the outset. The British Chamber is also very grateful to the committed members of the Angel Investment Committee who put a lot of time and energy into selecting the candidates and coaching them through the process.

If you would like to participate in the Business Angel Programme, please register your interest by contacting Mandy Cheng, Events Executive at the Chamber, at mandy@britcham.com or on 2111 1053. For more information, please visit angel.britcham.com.

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