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What are Founding Angels?
Founding Angels help bridge the so-called gap, which exists between academic research and the commercialisation of the new technologies. Together with inventors, they found start-up companies to further develop the research and commercialise the results.
The Founding Angels business model is similar to that of Business Angels, but the operational and financial support of Founding Angels begins before the actual founding of the start-up and, as a member of the founding/management team, continues in the founding and building up of the new start-up company.
Founding Angels have extensive know how and understanding in:
- company business management
- the scientific background
- financing issues
- leadership competence and the ability to form an excellent management team
- the building up of highly effective and efficient operational structures
Founding Angels do not receive compensation for their work and support in the founding and building up of the start-up; like the other founding members, they hold an equity share in the start-up company.
What is the background?
The non-profit Founding Angels initiative is aimed at promoting the Founding Angels business model. The initiators are international academics and business people with the intention to foster innovation and entrepreneurship in high-tech areas. The initiators consider technological progress as the essential factor to overcome today's challenges, such as climate change, food and energy supply.
An important catalyst for the commercial success of new innovative technologies are new high-tech start-up companies. In order to raise the number of high-tech start-up companies, the initiators are looking to build-up and establish a Founding Angels network, as they believe Founding Angels are an important driving force for the creation of start-up companies.
What are the opportunities?
Inventors: Scientists and research organisations receive the opportunity to obtain uncompensated support at a very early stage in the founding and building up of a start-up to commercialise new innovative technologies. read more...
Investors: Business Angels and other investors receive the opportunity to ensure attractive investment possibilities with high value creation potential. read more...
Please contact us, should you have any questions regarding the Founding Angels business model.
Partners
Founding Angels are currently working together with the following partners. read more...
Bayreuth University
BEST EXCELLENCE
CIB Frankfurt
Forseo
High-Tech Gründerfonds
Life Science Center Dusseldorf
Science4Life
Remark
Academic research is being conducted within the Start-up Research Group at the ETH Zurich. These research activities are fully independent from the Founding Angels initiative.
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