Business Angels
are individuals, or institutions, that provide
entrepreneurs and innovative projects with
their professional experience and their relationship
networks.
They usually provide seed capital,
but this is not their main duty. Thus, it should
be distinguished between business angels and venture
capital investors, since the latter, in essence,
only provide equity capital.
Business Angels should be determined
to establish a long term relationship
with entrepreneurs and also should accept
that the benefits of getting through to an entrepreneur
are harvested also in the long term. |
