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Measures to Accelerate the Mediterranean Business Angel Market (MACC BAM)
Start date: Mar 31, 2009, End date: Mar 29, 2012 PROJECT  FINISHED 

The project aims to build and test a coherent framework for planning and implementing joint sustainable measures in order to accelerate the Business angels Market in the MED space. The MED cooperation framework is ideal to reinforce the cooperation between interested partners that form the current consortium and demonstrate proven experience and activities towards the establishment and reinforcement of Business Angels Networks. This is a necessity due to the fact that BANs activities are quite fragmented throughout the Mediterranean. The general objectives of such an endeavour are to strengthen the organizations that can support the creation and the valorization of the Business angels networks. Furthermore the partners will promote and support measures within a framework of a Mediterranean Business Angels network among the participating MED countries and regions, while assessing existing policies in the MED space regarding the support of BANs. To this end this solidification of interested organizations and the establishment of partnerships and activities will develop and implement consistent innovation and economic development policies that will generate synergies at a transnational level. The well established consortium has carefully designed the components of the proposed project that will lead to the development of an integrated approach and tools for establishing effective measures to accelerate the development of the BANs in the MED space. Achievements: State of the art of project implementation since the project startThe MACC BAM project aims to build and test a coherent framework for planning and implementing joint sustainable measures in order to accelerate Business Angel's Market in the MED space. The main results achieved within the project are: -The operation of the Business Support Centres and the on-line database enable the acceleration of the BA market not only at local/regional/national level but at a transnational level as well. - The organisation of 3 very successful Investment Forums & International Conferences which set the framework for further transnational collaborations. -The development of the Training Package and the delivery of the Training Seminars along with the Workshops which enabled stakeholders to be thoroughly informed on the BA market. -The development of the Toolkits which are very useful guides for further use by other involved organisations. - Several studies which constitute an overall and in-depth research, analysis and recommendations on the needs of the BA market.Latest project activities and outputsDuring the reporting period the following outputs/results were achieved: - On the 18th of September 2012 the 3rd International Conference was organised in Athens - The Athens Investment Forum took place on the 17th of September 2012. The total number of participants at the Investment forum reached the sum of 235 persons. - The 4th and 5th newsletter have been produced and disseminated - 5 territorial awareness workshops were organised: two in Athens (one for BAs and one for Entrepreneurs on 31st May 2012), two in Valence (4th June & 4th July 2012) and one in Montelimar (25th September 2012). - The Follow-up Plan Document for the continuity of the MED BA Support Centres and the services they offer was published. -The Policy Recommendations Document on effective measures to support the acceleration of the Business Angel Market in the MED was published - The Final Publication of Projects Findings was published in a CD-ROM format, accompanied by a printed Executive Summary.Next key steps for the projectTill the end of the project the following actions will be implemented: - The continuation of the operation of the BASCs and the assessment of the pilot activities - The organisation of 2 awareness workshops, of 1 conference and 1 investment forum in Athens. - The implementation of a capitalisation plan and the organisation of a capitalisation conference in Marseille. - The production of the Final Publication and the External Evaluation reports - The undertaken of several publicity activities
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  • 75%   1 072 500,00
  • 2007 - 2013 Programme MED
  • Project on KEEP Platform
Project Website

7 Partners Participants