International projects

FiBAN actively participates in international projects that revolve around angel investing and sharing startup investing best practices. Yearly FiBAN is involved in 1-2 projects, in addition to an annual delegation trip where the FiBAN office and a delegation of FiBAN members visit a city to get to know the local startup investing scene.

Current projects


4ngels inspires cross-border investments by improving startups’ and investors’ investment readiness and market-specific knowledge through training and cross-border syndication.

The project’s activities will focus on identifying and proposing practical solutions to eliminate obstacles for cross-border angel investments, increase investors’ knowledge and bring education about foreign markets. Various activities will serve investors to exchange experiences, network with each other, and transfer knowledge among participants. Investors will also have a chance to acquire international deal flow and co-invest with other participants. In addition, 4NGELS will include startups’ participation in training and pitching events, preparing them for international funding rounds with BA.

Program duration and timetable:

Autumn 2022 – Spring 2025 (2,5 years)

Program partners:

Business Angel Knowledge for Entrepreneurs (BAKE)

BAKE aims to increase fair and successful communication between entrepreneurs and investors through training tools and guides that will teach entrepreneurs the knowledge required to raise funding and have efficient communication.

It combines the specific knowledge, skills, and competences of a diverse partners’ consortium in order to build training materials, such as an online training course and curricula, a pitch guide, a European Qualification Standard (EQS), and training for entrepreneurs about Business Angel Investment

Past projects

New Nordic Leads (NNL)

New Nordic Leads was a lead angel training and investment readiness program put together by FiBAN and Estonian Business Angel Network (EstBAN). This program was aimed at both angel investors and startups that aspired to create cross-border connections, expand knowledge and share best practices, and make an impact by being part of creating tools and materials that will be later used across Europe.

New Nordic Leads created cross-border opportunities by sharing best practices, educating lead angels, and improving startups’ investment readiness. This project was fueled by Central Baltic Interreg. The project was implemented between 06/2020 – 11/2022 and FiBAN’s share of funding was approximately 220 000 EUR funded by Central Baltic Interreg.

Program duration and timetable:
Spring 2021 – Autumn 2022 (2 years)

Program partners:

Nordic Angel Program (NAP)

Nordic Angel Program (NAP) was an international cross-border training and investing program for business angels. 

NAP facilitated cross-border angel syndicates and shared angel investments’ best practices. Led by experienced local angels, NAP offered a unique opportunity to invest as a group in promising growth companies linked by leading startup events in Denmark, Estonia, Finland, and Norway.

The program partners were awarded by European Business Angels Network – EBAN with the award for Best in Globally Engaging the Early-Stage Investment and Entrepreneurial Ecosystem in 2019.

Program duration and timetable:
Spring 2018 – Autumn 2019 (2 years)

Program partners:

Interested to learn more?

Get in touch with our Training & Development Manager, Johanna Ahtiainen at johanna(at)