BAE stresses importance of bottom-up approach to overcome fragmentation
At the event of 7 March 2017 Europe’s shortage of capital for start-ups, Luigi Amati, VP in charge of EU Affairs at BAE, discussed the ways to encourage companies to scale up and stressed the lack of power to invest which characterizes both Start Ups and Business Angels in Europe.
Both indeed are facing fragmentation: "the main problem is how to grow within Europe, to oversome national barriers and to be in a position to work truly cross-border. We must look at the problem bottom-up".
This is the perspective in which BAE, the confederation of angel investing, always works. Strongly committed to improving the situation of European Start-ups, BAE recently initiated two major projects, now financed by the EU, to make an impact and contribute to changes on the early stage financing scene. BAE leads WA4E, a 2-year project designed to increase the number of Women Angels in Europe and is a partner of ESIL, a 3-year project aiming at the professionalisation of business angels communities in 44 European and neighbouring countries.
Beyond best practice experience sharing, and nurturing the angels communities of tomorrow, both projects also focus on generating cross border investment opportunities and financing new business.
For the AFME report on sources of risk capital for high-growth businesses & why they are in short supply click here
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