Lithuanian Business Angels Network – LitBAN

a. Lithuanian Business Angel Network is a not for profit association inspiring and facilitating angel investing activity locally and cross boarders.  Established in 2018.​

www.litban.org

Activity highlights

Value
Angel members
61
Yearly startup deal
tbc
Approximately yearly investments (€)
tbc
Activity so far, updated in October 2018.
​Angel investor member requirements and membership application process.
The board approves member applications. Annual membership fee 300 EUR
Approximate yearly startup deal flow and investment sum made by members
Over 80 business project applications over 6-month period, estimated yearly 160. No data on investment amounts available yet. 
Main Services for angels 
  • Monthly start-up pitch and networking sessions with LitBAN members
  • Deal-flow generation and pre-screening
  • Angel training and best practice sharing
  • None formal networking activities for angels
Main Angel Events
  • tbc
Startup criteria and submission process 
  • Investment proposal submission through Startup Includer platform. 
  • Pre-screening by Community Manager
  • Screening by LitBAN’s board and volunteer members
  • Selection criteria based on traction, team experience, valuation, investment need, market size, and other. 

Contact

Address: L. Stuokos-Gucevičiaus g. 9-10, LT-01122 Vilnius, Lithuania.
Persons:
  • Daiva Jankauskaitė, Community Manager, +370 67214831, info(at)litban.org
  • Gytenis Galkis, President, +370 612 73 269, gytenis(at)bluelimelabs.com.