Bangladesh Angels Network

What is Bangladesh Angels Network?

Bangladesh Angels Network is an angel network that specializes in the seed and early-stage investment of Bangladeshi origin companies. With an investment range from $50,000 to $500,000, their primary focus is on companies with a connection to Bangladesh, whether it's through the founders' origins or a company's intention to penetrate the Bangladeshi market. They seek innovative, high-growth companies that exhibit the potential for significant scalability and offer a novel business model or product.

Beyond financial injections, they aim to provide strategic support to their portfolio companies, leveraging their network to facilitate growth and market expansion.

Bangladesh Angels Network looks at several key criteria when assessing potential investments. They emphasize the quality, passion, and resilience of the management team, signaling the importance of strong leadership. They give precedence to ventures that are the first of their kind within their respective markets, hence underscoring their inclination towards innovation.

Additionally, a proven competitive advantage or high barriers to entry is vital to protect the business and assure sustainable growth. They also look for companies with an established proof of concept, ensuring that there is a validated demand for the product or service being offered.

The firm is not limited to seasoned entrepreneurs, encouraging applications from first-time business owners and those who have faced prior failures, offering a platform for these founders to succeed in the dynamic and rapidly evolving Bangladeshi market. Their headquarters are located at the ICT Tower, 15th Floor, Plot: E-14/X, Agargaon, Dhaka 1207.

What they say:

We invest in innovative, high-growth companies of Bangladeshi origin. As long as there's some sort of a connection to Bangladesh, we are eager to look in. It may be that the founding team is non-Bangladeshi but the company has plans to expand into the Bangladeshi market - such companies are welcome to apply. We welcome entrepreneurs from all backgrounds including first-time entrepreneurs or those who have failed in their earlier attempts. Here’s what we look for:High-quality, passion and resilience of the management teamFirst of a kind, innovative idea/model with a large potential to scaleHigh barriers to entry (or) a competitive advantageEstablished proof of concept