In this paper we evaluate whether government intervention through the public funding of business angel networks is warranted. Based on a regional study of four BANs, we find that these subsidies reach their goals in terms of contribution to economic development and reducing financing and...

Belgium is facing a triple crisis. This could create a valuable opportunity to encourage the country to make some vital structural reforms that would be completely off the policy agenda in quieter times.

<italic>Previous research has highlighted the existence of an information problem (information gap) among business angels, mainly due to their desire to keep a low public profile and to the informal character of the market. The creation of business angels' networks was promoted in order to deal with...</italic>

<title/> This paper reviews the role of business angels in the financing of entrepreneurial businesses. Following a review of the characteristics of business angel investors, the paper examines the complementarities between business angels and the formal venture capital market, and concludes with a...

<title>Abstract</title> Various levels of government have implemented instruments to promote business angel investment, often mirroring those used to support the institutional venture capital market. The paper reviews the existing practices at a point in time when intervention in the field of business angels...

<title/> In reaction to the enormous lack of venture capital in Europe compared to the US, the European Union, until now relatively absent from the venture capital market, has launched new programmes focusing on direct financing of the setting up and development of venture capital funds (by capital...

This highly accessible book brings together the insights of leading academics and researchers to promote a better understanding of the role of private equity providers in the development of growth-oriented start-ups and the management of growth processes.

Belgium is facing a triple crisis. This could create a valuable opportunity to encourage the country to make some vital structural reforms that would be completely off the policy agenda in quieter times.