Bader Business Angels
In 2009, Bader created the Lebanese Business Angel (LBA) to facilitate the introduction of entrepreneurs to potential investors through presentations and other mechanisms. LBA consists of individual angel investors as well as institutions interested in financing privately held companies or ventures typically in a startup/early stage of development, based in Lebanon and in all sectors, pertaining they have a compelling value proposition and high added value, an innovative/creative product or service and the potential for regional and international reach.Bader entrepreneurs who apply to the LBA will receive receive equity financing to develop their project/venture as well the technical support (coaching, mentorship, networking) to develop their project/venture.
Projects submitted should meet all of the following criteria:
- Project/venture is based in Lebanon (there is no restrictions on the sectors of activity)
- Project/venture should be in a startup/early stage of development
- Project/venture has a compelling value proposition, high added value, and/or an innovative/creative product or service
- Project/venture has the potential for regional and international reach
Applicants must fill in an online application at (put the link) and upload their executive summaries or business plan directly with the application. All applications fitting the LBA criteria will be reviewed and a preliminary meeting will be scheduled with the Bader team to assess the project. If selected, the company must agree to coaching in preparation for their presentation at the investment committee meeting, where they will be presenting their project in front of potential investors.
Frequently asked questions
What is an angel investor?
An angel investor is an individual who makes direct investments of personal funds into a venture, typically early-stage businesses. Because the capital is being invested at a risky time in a business venture, the angel must be capable of taking a loss of the entire investment, and, as such, most angel investors are high-net-worth individuals.
What is an angel group?An angel group is a formal or informal assemblage of active angel investors who cooperate in some part of the investment process. Key characteristic of an angel group is the collaboration by member angels in the investment process.
Why should I consider Angel investment?
LBA brings more than just equity financing. Through our network of experts, we offer coaching and mentorship during the whole screening process. We can also use of our network to introduce you to clients or vendors. Moreover, through our collaboration with Bank Audi, we can facilitate the process to obtain a Kafalat loan.
Do I have to pay a fee to present my idea/venture?
No. LBA does not charge a fee for entrepreneurs to present their idea/venture.
What’s the typical size of an investment?
It depends on the project/venture presented and the attractiveness to the investors. A broad investment range would be between $20,000 and $500,000.
Do you look at opportunities based outside Lebanon?
What happens after the investment committee meeting?
If there is sufficient interest in making an investment, two or more Angel will take the lead on the due diligence process. If a deal is reached, there will continuous interaction between the now funded project and LBA.
Meet the entrepreneurs
Ramzy is the founder of Krocks, the hit light Lebanese snack of Kaak and Labne. Ramzy has received funding from the Lebanese Business Angels in 2007 to launch his product, and then received another round of funding later to expand and rebrand. He is currently heading his enterprise Fresh Natural Products while implementing a production line able to produce up to 50,000 packs per day. Krock’s was voted as product of the year for 2012 and 2013 and Ramzy is currently in the process of being ISO certified. “Being an entrepreneur gives the person the opportunity to discover on the way and explore under difficult circumstances, it is not an easy burden but challenging.”
Raja Mouwad is the first entreprenur to receive investment from Bader’s Lebanese Business Angels Network for his business Ovis Natural Casing. Raja received $100,000 for 15% of the company from LBA in 2010. Ovis Natural Casing is a manufacturing and trade company dealing with the processing and sales of natural sheep casings which is one of the backbones of the sausage industry worldwide. Over two years, Raja and his team managed to take a small business and flip it around, come out of what is known
in the business jargon as the “Hockey Stick” and are on their way to stabilize and grow their monthly production and therefore increase their turnover and profitability.