Stimulating Business Angels in the Czech Republic
This report provides a systematic assessment of business angel activities, and the ecosystem surrounding innovation finance, in the Czech Republic. Based on literature reviews, published data sources and local stakeholder interviews, the report dis...
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| Format: | Report |
| Language: | English |
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World Bank, Washington, DC
2018
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| Online Access: | http://documents.worldbank.org/curated/en/633181541532716870/Stimulating-Business-Angels-in-the-Czech-Republic http://hdl.handle.net/10986/30913 |
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okr-10986-309132021-05-25T09:55:42Z Stimulating Business Angels in the Czech Republic World Bank Group BUSINESS ANGEL ACCESS TO FINANCE INVESTMENT CLIMATE ANGEL INVESTORS ENTREPRENEURSHIP DATA COLLECTION TAX INCENTIVE INNOVATION CAPITAL MARKETS PRIVATE EQUITY BARRIER TO ENTRY BUSINESS ENVIRONMENT This report provides a systematic assessment of business angel activities, and the ecosystem surrounding innovation finance, in the Czech Republic. Based on literature reviews, published data sources and local stakeholder interviews, the report distills findings related to the demand for and supply of risk investments, and offers policy recommendations for stimulating business angels. The report characterizes the Angel ecosystem as emerging with potential for growth. It is small both in terms of the number of investors and the amount invested. There appears to be a general lack of syndication of investments and concentration of investments in the capital (Prague) and in the information, communication, and technology (ICT) sector. On the demand side, a credible deal flow does exist, although it falls short of constituting a critical mass needed to support the development of the market. While issues in the local environment may affect the flow of angel investments, these are not insurmountable, based on the country’s competitive ranking on relevant global and European indicators. Finally, the report proposes a number of policy recommendations for enhancing business angel awareness and investments, including data collection and mapping of early stage market activities (short-term), creation of Czech National Angel Association (medium-term), and implementation of incentivization measures such as co-investment funds and tax incentives (long-term). 2018-11-28T18:34:38Z 2018-11-28T18:34:38Z 2018-10 Report http://documents.worldbank.org/curated/en/633181541532716870/Stimulating-Business-Angels-in-the-Czech-Republic http://hdl.handle.net/10986/30913 English CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Economic & Sector Work Economic & Sector Work :: Other Public Sector Study Europe and Central Asia Czech Republic |
| repository_type |
Digital Repository |
| institution_category |
Foreign Institution |
| institution |
Digital Repositories |
| building |
World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
English |
| topic |
BUSINESS ANGEL ACCESS TO FINANCE INVESTMENT CLIMATE ANGEL INVESTORS ENTREPRENEURSHIP DATA COLLECTION TAX INCENTIVE INNOVATION CAPITAL MARKETS PRIVATE EQUITY BARRIER TO ENTRY BUSINESS ENVIRONMENT |
| spellingShingle |
BUSINESS ANGEL ACCESS TO FINANCE INVESTMENT CLIMATE ANGEL INVESTORS ENTREPRENEURSHIP DATA COLLECTION TAX INCENTIVE INNOVATION CAPITAL MARKETS PRIVATE EQUITY BARRIER TO ENTRY BUSINESS ENVIRONMENT World Bank Group Stimulating Business Angels in the Czech Republic |
| geographic_facet |
Europe and Central Asia Czech Republic |
| description |
This report provides a systematic
assessment of business angel activities, and the ecosystem
surrounding innovation finance, in the Czech Republic. Based
on literature reviews, published data sources and local
stakeholder interviews, the report distills findings related
to the demand for and supply of risk investments, and offers
policy recommendations for stimulating business angels. The
report characterizes the Angel ecosystem as emerging with
potential for growth. It is small both in terms of the
number of investors and the amount invested. There appears
to be a general lack of syndication of investments and
concentration of investments in the capital (Prague) and in
the information, communication, and technology (ICT) sector.
On the demand side, a credible deal flow does exist,
although it falls short of constituting a critical mass
needed to support the development of the market. While
issues in the local environment may affect the flow of angel
investments, these are not insurmountable, based on the
country’s competitive ranking on relevant global and
European indicators. Finally, the report proposes a number
of policy recommendations for enhancing business angel
awareness and investments, including data collection and
mapping of early stage market activities (short-term),
creation of Czech National Angel Association (medium-term),
and implementation of incentivization measures such as
co-investment funds and tax incentives (long-term). |
| format |
Report |
| author |
World Bank Group |
| author_facet |
World Bank Group |
| author_sort |
World Bank Group |
| title |
Stimulating Business Angels in the Czech Republic |
| title_short |
Stimulating Business Angels in the Czech Republic |
| title_full |
Stimulating Business Angels in the Czech Republic |
| title_fullStr |
Stimulating Business Angels in the Czech Republic |
| title_full_unstemmed |
Stimulating Business Angels in the Czech Republic |
| title_sort |
stimulating business angels in the czech republic |
| publisher |
World Bank, Washington, DC |
| publishDate |
2018 |
| url |
http://documents.worldbank.org/curated/en/633181541532716870/Stimulating-Business-Angels-in-the-Czech-Republic http://hdl.handle.net/10986/30913 |
| _version_ |
1764473177517326336 |