This paper develops different ways to stimulate business angel investment. Coping with the second equity gap can mainly happen by stimulating syndication and by setting up co-investment schemes. Investor readiness, corporate orientation, business angel networks, business angel academies and the...

<italic>Previous research has highlighted the existence of an information problem (information gap) among business angels, mainly due to their desire to keep a low public profile and to the informal character of the market. The creation of business angels' networks was promoted in order to deal with...</italic>

<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...