NordicBAN's Ethical Rules

The following ethical rules have been set by Nordic Business Angel Network. NordicBAN expects its members to stand for – and act according to – the following guidelines.

A NordicBAN Business Angel will primarily:

• invest to the benefit of the startup and aim to succeed through the success of the startup
• not join or misuse the network to get clients or sell own services

and also:

• honor confidential information and use given information solely to evaluate the investment
• work in a professional way and not be associated with any illegal practices
• refrain from co-funding of doubtful origin and notify authorities of possible illegal funds
• consider the interests of all involved parties and avoid unfair competition
• be open and have solidarity among members 
• share risk and success fairly (all investors are equal), but support rewarding the lead investor
• acknowledge that any investments are own decisions made on own responsibility

These rules are adopted by the NordicBAN board, to which any information of misuse also can be directed.