Resources

IceBAN focuses on building knowledge and sharing what we learn about angel investing and the innovation ecosystem — for new and experienced investors alike, and for startups. The aim is to support well-informed decisions and strengthen the links between the people who matter in the ecosystem.

We are currently developing our own educational material, grounded in the Icelandic context and in what we have learned running the organisation. IceBAN recently received a grant from the Örvar fund of the Ministry of Innovation, which lets us expand this work considerably.

Over the coming months we will publish a range of practical material — for investors and founders both — and run specialised educational events around the country.

Our articles are published in Icelandic.

Video

Experiences from Iceland's innovation scene

In this video, four angel investors talk about how they took their first steps as angels, what angel investing involves, and what matters when investing in startups at the earliest stages.

The video is part of IceBAN's educational material and is aimed at anyone who wants to better understand the role of angel investors in Iceland's innovation scene, learn the process in plain language, and see how different experience, connections and capital can support building new companies.

Article

Englafjárfestingar 101 - verðmat, eignarhlutur og eignarhald

Englafjárfesting er fjárfesting einstaklings í ungu, óskráðu fyrirtæki sem er yfirleitt á fyrstu stigum vaxtar.

Article

Englafjárfestingar 101 - að meta tækifærið

Englafjárfesting er fjárfesting einstaklings í ungu, óskráðu fyrirtæki sem er yfirleitt á fyrstu stigum vaxtar.

Article

Englafjárfestingar 101 - fyrstu skrefin

Englafjárfesting er fjárfesting einstaklings í ungu, óskráðu fyrirtæki sem er yfirleitt á fyrstu stigum vaxtar.

Frequently asked questions

Who can become an angel investor?

Anyone with capital, an interest in innovation and the will to take part in developing startups can become an angel investor. You don't need to be an expert — what matters more is a solid financial position, curiosity, and a willingness to learn and contribute.

How much do I need to invest?

Angel investors typically invest between ISK 1 million and ISK 20 million in a single company. The amounts vary with the nature of the venture and whether you invest alone or as part of a group.

How do I find opportunities to invest in?

Registering with IceBAN gives you access to ventures that have been through screening. IceBAN also runs events where founders present their ventures to interested investors.

How do I prepare for an investment?

If you are a founder:

It's important to have a clear view of the idea, the team, the market and how the funding will be used. IceBAN offers guidance and feedback on pitches and investment materials before a venture goes in front of investors at one of our pitch events.

If you are an investor:

As a new angel investor it pays to understand how angel investing works — including the risk, the time horizon, and how best to assess a venture. We recommend starting with IceBAN's training and reviewing ventures through the system before deciding to invest.

What should startups have ready before approaching investors?

A well-defined idea, a team with clear roles, market analysis and a realistic funding plan. Just as important is being open to questions and willing to learn along the way.

What does it mean to be an “active angel”?

An active angel investor contributes beyond the funding — advising, connecting founders to other people, and supporting them through the growth process. It's a combination of knowledge, connections and belief in the venture.

Would you like to back promising ventures with capital?

Join us at the next member event and meet other investors and the ventures they are backing

Apply for membership