Title Ready for Equity!
Project Number UK/06/B/F/PP-162_506
Project Type Pilot Project, project with multiplying effect (2000-2006)
Country UK-United Kingdom
Marketing Text The Ready for Equity! Project is aimed to identify and address the key issues impeding business angel activity across the European business community. The project has developed and tested two Europe-wide training curricula targeted at improving the capacity of informal investors and business angels, and to prepare entrepreneurs seeking finance from those informal investors.
The Ready for Equity! Project was launched in October 2006 to identify and address the key issues impeding business angel activity across the European business community. Led by UK based Finance South East, the project brings together partners involved in early stage equity investment from Belgium, Spain, Italy, Germany, Sweden and the Netherlands.
The project is both a response to the market failure in early stage capital and a recognition of the lack of understanding within European enterprises of the equity market. The failure reflects not only on angels and their lack of awareness of how to act efficiently in the market but also entrepreneurs and their lack of investment readiness. The development of training curricula can help to solve the identified problems.
The project has developed and tested two Europe-wide training curricula targeted at improving the capacity of informal investors and business angels, and to prepare entrepreneurs seeking finance from those informal investors.
Over the course of the project the partners have shared best practice and compared the tools and mechanisms in place throughout the different European regions in order to develop the curricula. A Mapping Exercise “Analysis of the supply and demand for informal venture capital” was published in 2007 and updated in 2008.
The curricula have been developed to be independent of the method of delivery of the training. Following completion of the project it is intended that multiple training products will be developed in various countries, both by the Project Partners and others (follow on LsV project "Ready for Equity!2". These will be in a variety of formats, for example classroom, e-learning etc. and can be deployed right across Europe, particularly in the emerging economies of the European Union.
Open and distance learning
Administrative and Support Service Activities
Other Service Activities
program or curricula
The Ready for Equity ! Resource Pack comprises the following documents:
Mapping Exercise – A report regarding training programmes offered throughout Europe to investors and entrepreneurs concerning access to finance and capacity building;
Curriculum for Business Angel training;
Curriculum for Entrepreneur training;
Recommendations with regard to constructing a training course;
Curriculum Checklist describing best practice based on empirical evidence;
Pedagogic Guidelines to assist evaluation of training courses.
The material was written as part of the Ready for Equity ! project and verified through a robust testing programme involving 160 participants in 5 countries.
The Mapping Exercise is only available in English. All the other documents are available in English, Dutch, French, German, Italian and Spanish.
Any or all of the documents in the Resource Pack can be downloaded from the project web site www.readyforequity.eu