A financial structure is a group of companies united by a common management with a wide range of interests. For example, the VTB Group, which has more than 20 companies operating in different segments of the financial market. Such groups sometimes finance startups. Such activities are rarely regular. It is quite difficult to obtain money.
The business plan must be truly justified
But for the developer of the idea, cooperation with such a holding is very beneficial because he has a huge resource at his disposal, both financial and personnel. Organizations of this kind protect their investments with all their might, so they will provide all the necessary assistance to the entrepreneur.
Who are business angels?
Such a poetic name is not at all typical of dry financial terminology. It appeared at the beginning of the 20th century. Business angels middle east mobile number list were very wealthy people in Europe who invested their capital in performances. Nowadays, such people are mostly called producers. And the concept of “business angel” has acquired a slightly different meaning.
Now this is the name given to people who invest money only in those areas that are close to them, where their own skills can be useful. That is, the essence of investing in the case of angels is not only about getting the financial structures maximum possible profit. The important point is the practical application of their skills and moral satisfaction from the process.
This is the main difference from venture investors
Who are business angels? They are millionaires with an excellent education. Most often, they invest money in startups afb directory in the field of high technology.
Of course, every think about your users at all times financial structures startup seeks to find a business angel as an investor! Because in this case there are no lengthy approval procedures. Often everything is decided in a conversation: either interested or not. In addition, BA most often finances the idea in full.