Latvian Business Angel Network
The association was founded on 29 April 2014. The goal of the association is to extend and develop the network of investors in Latvia and support new and perspective projects. This is why we organise Investment Sessions, during which investors and new entrepreneurs meet with each other.
A business angel is an investor that has accumulated experience in entrepreneurship and invests own private funds in business projects. He provides important support to new enterprises with a potential for rapid growth at their early stage of development. Business angel’s experience in entrepreneurship helps in excluding risks in entrepreneurship and gives an opportunity to find the shortest path to profit.
LatBAN and LatBAN members achievements
36 Investment Sessions organised, 3 of them — international
Over 500 business project applications
Currently 75 members
In 2016. LatBAN members have invested a total amount of 8.4M EUR, from which 2.44M EUR in startups