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12 Nov 2009
NZ and Singapore sign angel investing alliance

New Zealand and Singapore angel investors have signed a land-mark partnership between the Angel Association of New Zealand and the Business Angel Network (South East Asia) which will assist both countries in the development of globally successful exporting companies.

Andrew Hamilton and Joe Rouse signing the MOU

Angel Association Chair Andrew Hamilton says the partnership is highly valuable for New Zealand as it will open up networks into South East Asia for our emerging global companies, both in terms of networks for investment and market access.
 

“With our trading links to South East Asia expanding with the signing of the free trade agreement with Asean, it is the right time to be expanding our investment links.
 

“Angel investment is a key asset class in economies, with European research showing that angel backed companies today, will represent 50% of the new jobs in 10 years time. The angel industry has developed significantly over the last few years world-wide and this partnership is further evidence of the growth of the industry.”
 

Joe Rouse, Director of Bansea, said: “We are delighted to form this relationship with New Zealand.
We have seen a fantastic angel industry developed around the incubators and Universities in New
Zealand and are looking forward to helping many of the companies funded from New Zealand using
Singapore as a base to grow their Asian operations.”


Contacts

Colin McKinnon, Executive Director, Angel Association New Zealand
+64276406400
colin@angelassociation.co.nz

Andrew Hamilton, Chair, Angel Association New Zealand
+64274960101
andy@angelassociation.co.nz

Joe Rouse, Director, Bansea (Business Angel Network South East Asia)
+65 8396 1675
joe_rouse2000@yahoo.ca


About Bansea

BANSEA is an angel networking group formed in 2001 to promote the development of the angel
investment community in Asia through educational conferences and workshops, research,
networking with angel groups worldwide, contributing to improving the regulatory environment and
corporate governance system for angel investing, and facilitating the matching of start-ups with
angel investors through pitching & networking events and mentoring sessions.


About Angel Association New Zealand

AANZ is a national organisation representing the interests of angel investors, networks and seed
funds in New Zealand. It is involved in:

 Being a source and channel for information and education of angel investors and entrepreneurs
    seeking angel investment;
 Encouraging the exchange of best practice, experiences and ideas between Members;
 Increasing the awareness of business angel networks and of the economic role played by
    business angels;
 Conducting research, compiling statistics and publishing industry information to help
    demonstrate industry trends, economic impact and benefits of angel investment;
 Developing an industry strategy and industry benchmarks for success for angel investment in
    New Zealand;
 Promoting the growth of angel investment in New Zealand, including encouraging and informing
    entrepreneurs, new angel investors and angel groups about angel investment in New Zealand;
 Engaging and representing the interests of all segments of the New Zealand angel investment
    industry in dialogues with governments, peers and industry;
 Promoting collaboration among angel groups, encouraging joint investment;
 Contributing to the development and implementation of local, regional and national
    programmes with the aim of stimulating the development of a positive environment for business
    angel activities.





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