Saturday July 11, 2020

Meet the real business angels

A new report reveals how important informal investors - family, friends, colleagues, business angels - are to new firms, writes Elaine O'Regan.

3rd February, 2013
Vanessa Diaz of DCU Business School; Sue Stockdale, leadership development consultant and founder of Mission Possible; DCU Ryan Academy chief executive Ann Horan; and co-author Professor Colm O'Gorman at the launch of the 'Entrepreneur Watch' report. Photo: Maxwells

Family and friends are the real angels providing vital seed funding to Irish start-ups. This is according to new research released last week by the DCU Ryan Academy for Entrepreneurship.

A non-profit joint venture between Dublin City University and the Ryan family, the academy has published a quarterly analysis of indigenous entrepreneurial activity in Ireland showing that Irish start-ups are heavily dependent on informal investment.

'Entrepreneur Watch: Informal Venture Capital - Business Angels and Family...

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