The Egyptian Business Angels Networks “EGYBAN” recently held a seminar on the nature of business angels and its role in promoting the emerging companies sector and clarifying the role that the association can play in supporting and sponsoring investors in the angelic investment sector. And coordination with the community of Angels of Alexandria, in cooperation with the Association of Businessmen of Alexandria.

The seminar dealt with many topics related to the model of business angels, the nature of their work, the difference between business angels, financing small and medium enterprises and microfinance, the mechanisms of implementing this model, the main concepts of the role of business angels in the SES, in addition to their role in the growth of small and medium enterprises.

Eng. Samir El-Alaily, Chairman of the Board of  Directors of the Egyptian Business Angels Networks “EGYBAN”, said: “The angel investor does not only provide financial support, but also provides consulting services to start-ups, his long experience of the company he invests in, as well as contacts and relationships that can be extended by the investor to expand his activity , And his ability to solve the problems and crises that may be exposed, the angel investor is a former businessman faced with these problems.

On the other hand, the members of the Association of Businessmen of Alexandria welcomed the Association of “EGYBAN” and its members, praising the association and its objectives. The two sides signed a protocol of cooperation whereby Malaikah will hold free training and awareness sessions on the optimal environment for the work of angel investors, In addition to the two sides to hold more tariff sessions in Alexandria to raise awareness of business angels.

The Protocol also includes the establishment of the Egyptian Business Angels Networks “EGYBAN”, in cooperation with the Alexandria Businessmen Association and the Association of the Angels of Alexandria, to create a new arm of business angels within the Alexandria Businessmen Association. The Egyptian Business Angels Networks “EGYBAN” also invited the members of the Alexandria Businessmen Association to all activities and activities Organized by.

The seminar reviewed one of the success stories of angelic investment, the “Odera” application, an electronic application that facilitates the ordering of food and beverages and pays for it electronically to suit the tastes and circumstances of customers.

This seminar is the first of the activities of the ““EGYBAN”” Association this year, which will organize a number of meetings and briefings to introduce the new concept of angelic investment, attract more members and increase communication with investors and those interested in this field.

The seminar, which was held at the Four Seasons Hotel in Alexandria, was attended by a number of prominent businessmen and investors from both sides, including Eng. Samir El-Alaily, Chairman of the Egyptian Business Angels Networks “EGYBAN”, Rasha Kamal, CEO of “EGYBAN”, Eng. Mohamed Sabri, Tarek Al-Kady, Chairman of the Association of the Angels of Alexandria.

The Egyptian Business Angels Network “EGYBAN” is the first association of its kind in Egypt to support and sponsor investors in the medium, small and micro enterprises sector. A number of businessmen and experts interested in the development of the angelic investment sector in Egypt, headed by Eng. Samir El-Alaily, Chairman of Investia Venture Capital.