Date: Wednesday May 8th, 2019
Time: From 5.30pm – 7.30pm
Venue: Wexford Chamber of Commerce, Hill Street, Townparks, Wexford Town
24 April 2019 – HBAN, the Halo Business Angel Network, a joint initiative of Enterprise Ireland, InterTradeIreland and Invest Northern Ireland, has announced it will host an Introductory Business Angel Investing seminar at the Wexford Chamber Offices, Hill Street, Wexford, Wednesday 8th May from 5.30pm. The seminar will feature a session with seasoned angel investor Brian McDonald and networking opportunities with members of South East Business Angel Network.
If you have ever thought about business angel investing but don’t know where to start, this seminar will provide you with information on how to support and invest in some of Ireland’s most innovative start-ups, as well as the opportunity to network with experienced business angel investors from the South East Business Angel Network (SEBAN) managed by South East BIC.
The speaker is angel investor Brian McDonald, the founder of Bay Advisory, a boutique consulting firm specialising in corporate finance and strategy for startups and SMEs. He is an accomplished corporate finance professional, with extensive experience in startup fundraising, M&A, business strategy, turnarounds and exits. He is an investor and a member of the HBAN. Brian is on the Board of several organisations spanning multiple sectors: Carline Learning Centre, an education non-profit for underprivileged children; Cerebreon, a case management and OCR technology firm for the insolvency sector; and Beatha, a fintech lending firm serving East Africa. Prior to Bay Advisory, he was the Head of Corporate Finance and a shareholder at Paragon Group, an Executive Director at GE Corporate Finance Bank, and a Senior Manager at AIB. He received a joint honours BA in Economics and Business from Trinity College Dublin. He is a Chartered Accountant and member of the UK Turnaround Management Association (TMA).
To date, HBAN has completed 451 deals, with angel funding of €94.4m, leveraging another €129.6m of investment. In the South East, there have been 44 deals done to date, with angel funding of €6.87m, leveraging other funds of €5.61m.
These deals include Wexford’s own Scurri, founded by Rory O’Connor in 2010, who has now raised about €6m to date and has developed a cloud-based software platform that makes it easier for ecommerce merchants to deliver goods to customers.
The event will feature Investor pitches by two companies, who will pitch their investment opportunity to the assembled angels.
Attendees will discover how business angel investing works, what it means for young companies and entrepreneurs, and hear from an experienced investor on how they manage their portfolio to share the risk of investment.
The event will be hosted by HBAN, the all-island umbrella group responsible for the development of business angel syndicates on the island of Ireland along with South East BIC, their delivery partner in the south east region. The event is being run in association with Wexford Chamber.
To register call 051 356300 or book on www.businessangelwexford.eventbrite.ie
About Halo Business Angel Network (HBAN)
HBAN is a joint initiative of Enterprise Ireland, InterTradeIreland and Invest Northern Ireland, dedicated to the all-island promotion of business angel investment. The HBAN umbrella group supports the early stage entrepreneurial community across the island of Ireland and actively works to increase the number of angel investors investing in early stage companies. The all-island umbrella group works on a regional basis to support the formation of new angel networks and works with existing angel networks to develop their capability and capacity, and across a range of industry sectors. HBAN also acts as a voice to Government, stakeholders, business and the media to promote the interests and needs of the wider angel investment community. HBAN is managed by Dublin BIC in partnership with the regional Irish BICs in Cork, Galway & Waterford and with Clarendon Fund Managers in Northern Ireland. Further information is available at www.hban.org
About Enterprise Ireland
Enterprise Ireland is the Irish government organisation responsible for the development and growth of Irish enterprises in world markets. The organisation works in partnership with Irish enterprises to help them start, grow, innovate and win export sales in global markets. In this way, Enterprise Ireland supports sustainable economic growth and regional development, and help create and sustain employment in Ireland. www.enterprise-ireland.com
InterTradeIreland is the only organisation which has been given responsibility by both governments to boost North South economic co-operation to the mutual benefit of Northern Ireland and Ireland. InterTradeIreland is a powerful resource for business growth, helping SMEs through a strong mix of business intelligence, funding support and meaningful contacts. www.intertradeireland.com
About Invest Northern Ireland
As the regional business development agency, Invest Northern Ireland’s role is to grow the local economy. The agency does this by helping new and existing businesses to compete internationally, and by attracting new investment to Northern Ireland. Invest NI is part of the Department for the Economy and provides strong government support for business by effectively delivering the Government’s economic development strategies. www.investni.com