Fostering business angel activities in support of SME growth
This guidebook describes how investments and co-investments of business angels can be supported in sectors, regions or Member States where their presence is still limited. Given the local and regional dimension of business angel activities, co-investment opportunities through the European Structural and Investment Funds (ESI Funds) and through financial instruments could play an important role in SME financing at that level, if used more actively by managing authorities. Some regions have already developed specific supporting actions or co-investment schemes with business angels. This... guidebook presents case studies and initiatives already implemented with public funds. We therefore wish to intensify exchange of information between regional authorities, in order to learn from good practices in implementing support measures for this kind of SME financing.