5 Recommendations for Development Institutions Engaging with Angel Networks in Emerging Markets
CASE
December 11, 2020
Entrepreneurship is a key driver of economic development – when new businesses launch and grow, they create jobs, address customer needs through market-based solutions, and drive demand for other products and services from a supply chain. With this knowledge in mind, the United States Agency for International Development (USAID) and other development institutions have increasingly dedicated resources to bolstering entrepreneurial ecosystems in order to fuel these economic ripple effects.
ViKtoria Business Angel Network (VBAN)
Born out of ViKtoria Ventures, a start-up supporter in East Africa, VBAN uses its deep networks to attract angel network members and build quality pipeline for investors. With a dedicated Network Manager, VBAN provides hands-on support to members at every step of the investment process.
Lagos Angel Network (LAN)
Lagos Angel Network was founded by high-profile Nigerian entrepreneurs and angel investors. With the help of development funding and key partnerships, they have leveraged their reputations and skills to build one of the most active angel investor networks on the continent.
