<title/> This paper reviews the role of business angels in the financing of entrepreneurial businesses. Following a review of the characteristics of business angel investors, the paper examines the complementarities between business angels and the formal venture capital market, and concludes with a...

<title>Abstract</title> Various levels of government have implemented instruments to promote business angel investment, often mirroring those used to support the institutional venture capital market. The paper reviews the existing practices at a point in time when intervention in the field of business angels...

<title/> In reaction to the enormous lack of venture capital in Europe compared to the US, the European Union, until now relatively absent from the venture capital market, has launched new programmes focusing on direct financing of the setting up and development of venture capital funds (by capital...

Belgium is facing a triple crisis. This could create a valuable opportunity to encourage the country to make some vital structural reforms that would be completely off the policy agenda in quieter times.

Collewaert V., Manigart S. and Aernoudt R. Assessment of government funding of business angel networks in Flanders, Regional Studies. The paper evaluates whether government intervention through the subsidization of business angel networks (BANs) enhances regional economic growth in Flanders,...

Belgium is facing a triple crisis. This could create a valuable opportunity to encourage the country to make some vital structural reforms that would be completely off the policy agenda in quieter times.

In this paper we evaluate whether government intervention through the public funding of business angel networks is warranted. Based on a regional study of four BANs, we find that these subsidies reach their goals in terms of contribution to economic development and reducing financing and...

One of the biggest barriers for the development of incubators in Europe is the lack of entrepreneurship and the underdevelopment of seed financing and business angel networks. While incubation is increasingly being used as a tool for promoting entrepreneurship and start-ups, leading to new...

Start-ups and early stage ventures are facing more and more financial constraints. The lack of second round financing substantially reduces the potential of patent applications from spin-offs and other early stage ventures. On the other hand, investing in new companies provides large companies...