DAY 1 – 15TH OF DECEMBER 2014, MONDAY

Venue: Shangri La Bosphorus, Istanbul

 You can watch all panels & keynotes at EBAF2014 Channel 

 

8:00 – 9:00: Registration & Networking & Coffee Break 1

Enjoy the atmosphere just before the Forum – VIDEO 1

 

09:00 – 09:10: An Introduction to the European Angel Investment Forum:

Access to finance for entrepreneurs from start-up to scale-up to exits

Baybars Altuntas, TBAA – Business Angels Association, Turkey

For his extended bio, please visit the following link: http://ebaf2014.org/node/17

Enjoy his speech – VIDEO 2

 

 

 

KEY NOTE SPEECH 1

9:10 – 9:20: Key Note Speech

Dr M.Ibrahim Turhan, Chairman and CEO, Borsa Istanbul, Turkey

For his extended bio, please visit the following link: http://ebaf2014.org/node/16

Enjoy his speech – VIDEO 3

 

 

 

 

KEY NOTE SPEECH 2

9:20 – 9:30: Key Note Speech

Dr Onder Halisdemir, Aktif Bank CEO , Chairman of Group Companies, Turkey

For his extended bio, please visit the following link: http://ebaf2014.org/content/dr-onder-halisdemir

Enjoy his speech – VIDEO 4

 

 

 

9:30 – 9:35: Welcome Speech

Tuncel Sunar, Executive Chairman, Forbes I Para Conferences, Turkey

For his extended bio, please visit the following link: http://ebaf2014.org/content/tuncel-sunar

Enjoy his speech – VIDEO 5

 

 

 

 

 

KEY NOTE SPEECH 3

9:35 – 9:40: Key Note Speech

Candace Johnson, President, EBAN, France

For her  extended bio, please visit the following link: http://ebaf2014.org/node/19

Enjoy her speech – VIDEO 6

 

KEY NOTE SPEECH 4

9:40 – 9:45: Highlights for EBAF2014 from Nasdaq

Arminta Saladziene, Vice President, Nasdaq

Enjoy her speech – VIDEO 7

 

KEY NOTE SPEECH 5

9:45 – 10:00: Key Note Speech – Improving Access to finance for SMEs

Dr. Bernd Reichert, Head of Unit, EU’s Horizon 2020, Belgium

For his extended bio, please visit the following link: http://ebaf2014.org/node/10

Enjoy his speech – VIDEO 8

 

KEY NOTE SPEECH 6

10:00 – 10:15: Key Note Speech – Turkey’s engagement to global action plans to improve access to finance for entrepreneurs

Ali Arslan, Director General of Financial Sector Relations & Exchange, Turkey

For his extended bio, please visit the following link: http://ebaf2014.org/node/14

Enjoy his speech – VIDEO 9

 

10:15 – 10:50: Networking & Coffee Break 2

 

Panel 1:

Enjoy Panel 1 – VIDEO 10

10:50 – 12:00: The role of secondary markets in the European Early Stage Investment & Entrepreneurship Ecosystem

Key Note Speech 7: Dr.Mustafa Kemal Yılmaz, Executive Vice President, Borsa Istanbul, Turkey

Dr. Yilmaz joined the Istanbul Stock Exchange 20 years ago, working on derivatives, risk management, and as chief of staff. He became Executive VP in 2012. He is also a board member at the Central Securities Depository.For his extended bio, please visit the following link: http://ebaf2014.org/content/dr-mustafa-kemal-y%C4%B1lmaz

 

Panel 1: How can Stock Exchange Markets help to fill the equity gaps?

Moderator: Dr.Mustafa Kemal Yılmaz, Executive Vice President, Borsa Istanbul, Turkey

Sertac Fuad Karaagaoglu, Listing and Private Market Group Director ,Borsa Istanbul, Turkey

• SERTAC KARAAGAOGLU heads the Listing and Private Market Group at Borsa Istanbul. Before joining the stock exchange, he spent 15 years at various nat’l and int’l banks. For his extended bio, please visit the following link: http://ebaf2014.org/content/sertac-f-karaagaoglu

• Peter E. Braun, EBAN Board Member, Switzerland

PETER BRAUN is an EBAN Board member from Switzerland. He has launched several companies and completed two IPOs. Most recently, he partnered with UBS to launch an e-banking solution for angel and

private equity investments. For his extended bio, please visit the following link: http://ebaf2014.org/content/peter-e-braun

• Ali Arslan, Director General of Financial Sector Relations & Exchange, Turkey

ALI ARSLAN heads the Financial Sector Relations and Exchange Directorate in Turkey. He’s been in public service since 1987, with the Undersecretariat of Treasury and Foreign trade being his long-time professional home.For his extended bio, please visit the following link: http://ebaf2014.org/node/14

• Peter Chun, Founder & Presiden, Apex Investments, Korea

PETER CHUN is the CEO of APEX Investment & Co, a PE Fund & VC firm in Korea. In addition to M&As and leveraged buyouts, Apex has recently begun exploring global startups in the digital and cyber security space. For his extended bio, please visit the following link: http://ebaf2014.org/content/jaewon-peter-chun

Take-aways of Panel 1:

1. Reliability of the local ecosystem is vey important to get the cross-border investments from angel investors. So, stock markets can play an important role by opening its doors to create a reliable platform for local startups and angel investors.

2. A good way to create such kind of a platform is to open a Private Market for startups and enterpreneusr where they will be registered by stock exchnages and meet the registered accrediated angel investors and be able to access to finance in a secure environment.

3. To create a successful ecosystem, the Platform provided by stock exchanges should be armed by mentorship programs and service providers like independent audit firms, law companies should be part of it to allow startups to take advantage of some cost cutting services.

 

Panel 2:

Enjoy Panel 2 – VIDEO 11

12:00 – 12:50

How do the public / private business angel co-investment funds change the entrepreneurial ecosystem?

Key Note Speech 8: Paulo Andrez, Emeritus President, EBAN, Portugal

Mr. ANDREZ is a serial entrepreneur, angel investor, and VP of the Portuguese Business angels’ federation. He has taken one company public and helped design and implement Portugal’s first business angels tax break. For his extended bio, please visit the following link: http://ebaf2014.org/node/18

 

Panel 2 : How to create succesful public – private early stage co-investment funds?

Moderator: Paulo Andrez, Emeritus President, EBAN, Portugal

• Marek Rusiecki, Co-Founder & CEO, Xevin Investments, Poland

MAREK RUSIECKI hails from Poland where he is the cofounder and CEO at Xevin Investments, a group of VC funds. He has been an investor in more than 50 companies in CEE. He cofounded Adnet, the largest online ad network in Poland & the Baltics. For his extended bio, please visit the following link: http://ebaf2014.org/node/2

• Michael Gold, Chairman,Crimson Finance Fund, USA

MICHAEL GOLD heads Crimson Capital. He has spent 23 years in emerging markets. His work has led to over $7bn in debt and equity financing, FDI, privatizations, PPPs, and export transactions. He’s been active in the Balkans since 1995 and helped found KosBAN. For his extended bio, please visit the following link: http://ebaf2014.org/content/michael-gold

His presentation: EBAF2014 – Micheal Gold

• William Stevens, Europe Unlimited, Belgium

WILLIAM STEVENS is the founder of Europe Unlimited, which organizes 25 int’l venture and technology forums that connect thousands of investors, policymakers and entrepreneurs every year. He started out at the EVCA where he became Secretary General at the age of 25. For his extended bio, please visit the following link: http://ebaf2014.org/content/william-stevens

• Ari Korhonen, EBAN Vice President, Finland

ARI KORHONEN, the founder of Lagoon Capital. is an angel investor and venture capitalist from Finland. In the last 10 years, he has made angel investments in 22 companies. And of course he’s a VP at EBAN. For his extended bio, please visit the following link: http://ebaf2014.org/content/ari-korhonen

Take-aways of Panel 2:

1. Developing co-investment funds is very important to develop early stage investment market. Banks should also be accepted as public entities and should be forced to make startup investments with angel investors. So, a certain amonut of their profits every year (for example 0,01%) should go to co-investments by law.

2. Private investors should be licensed as ‘Liabel to make co-investment with Public Funds’

3. Policymakers must be trained to show the best practices, pros-cons and how-tos of co-investment funds. EU should finance these trainings.

 

13:10 – 13:50: Lunch

 

Panel 3:

Enjoy Panel 3 – VIDEO 12

13:50 – 15:00

The future of crowdfunding : Technology platforms to accellerate access to finance for entrepreneurs

Key Note Speech 9: Modwenna Rees-Mogg, Co-Founder, Angel Institute, UK

Ms. REES-MOGG has spent two decades in corporate finance, VC, and angelship. She founded Angel News and Angel Institute, published at least two books on crowdfunding and angel investing. As everyone else here, she’s done many more things than can be fit into a brief bio.. For his extended bio, please visit the following link: http://ebaf2014.org/content/modwenna-rees-mogg

 

Panel 3 : Cooperation or Competion? : Are Licensed Equity Crowdfunding Platforms a competitor of the Stock Exchachange Markets?

Moderator: Modwenna Rees-Mogg, Co-Founder, Angel Institute, UK

• Savas Unsal, Founder, Crowdfon, Turkey

SAVAS ÜNSAL has consulted major multinationals on systems management from Canada to Malaysia. He’s been the technical director at Türkcell, managing a $2bn budget which helped grow 700k mobile subscribers to 5.5m. As head of Superonline, he transformed it from an ISP into a majör player in data, voice, and multimedia services. For his extended bio, please visit the following link: http://ebaf2014.org/content/savas-unsal

His presentation: EBAF2014 – Savas Unsal

• Albert Colomer, EBAN Board Member, Spain

ALBERT COLOMER co-founded and ran Spain’s first angel network and has been active in angel space ever since. EBAN included. He’s helped thousands of entrepreneurs and startups by advising or funding them. For his extended bio, please visit the following link: http://ebaf2014.org/node/15

• Buke Cuhadar, Vice President, Global Entrepreneurship Week, USA

BÜKE CUHADAR is VP at Global Entrepreneurship week, an initiative that inspires, mentors, and connects entrepreneurs in 150 countries. Its projects has engaged 7.5m people. She has previously worked in PR, media, and is also active in the fight against climate change. For his extended bio, please visit the following link: http://ebaf2014.org/node/11

• Dimitris Tsigos, President YES, Belgium

DIMITRIS TSIGOS is a serial tech entrepreneur and earlystage investor in Athens. He’s the CEO of StartTech Ventures, a venture incubator. He helped found the Hellenic Startup Association and is a member of the board at EBAN. For his extended bio, please visit the following link: http://ebaf2014.org/content/dimitris-tsigos

Take-aways of Panel 3:

1. Startups need demo to show angel investors while they are pitching. So, crowdfunders should be accepted as mini-BA and accepted as a seed funding structure all over the world.

2. Stock Exchanges and crowdfunders are in complimentary distribution. One of them occurs where the other one does not. So, they are in a co-operation position rather than competition.

3. Crowdfunders are supporting startups at the beginning stage of the entrepreneurial journey where stock exchanges are in the final stages of that path. So, think-tanks should be set up with the participation of stock exchange teams and crowdfunders to look for better understanding and cooperation to ease access to finance for startups.

 

Panel 4:

Enjoy Panel 4 – VIDEO 13

15:00 – 16:10

How Business Angels can benefit from a win win relationship with  Governments / European Institutions.

Key Note Speech 10: Dr. Bernd Reichert, Head of Unit, EU’s Horizon 2020,

The Dr. in Dr. BERND REICHERT comes from his Phd in physical chemistry and quantum physics. He joined the European Commission in 1992 and has been a program officer in a number of areas. Before Horizon 2020, he ran the unit on SMEs in the Commission’s Research and Innovation Directorate. For his extended bio, please visit the following link: http://ebaf2014.org/node/10

His presentation: EBAF2014 – Dr Bernd Reichert_Panel4

Panel 4 : The role of angel investors to convert public money into smart money

Moderator: Dr. Bernd Reichert, Head of Unit, EU’s Horizon 2020, Belgium

• Candace Johnson, President, EBAN, France

CANDACE JOHNSON  founded broadband and satellite networks, heads Johnson Paradigm Ventures, and is one of the founders of Ariadne Capital in London. And that’s not even scratching the CV. For her extended bio, please visit the following link: http://ebaf2014.org/node/19

• Baybars Altuntas, President, TBAA – Business Angels Association, Turkey

BAYBARS ALTUNTAS founded Deulcom International, Turkey’s first vocational training school. Founded the Turkish Franchise Association, and was named Turkey’s best businessman in 2010. His book “My way to Dragon’s Den” is a bestseller in Turkey. Heads TBAA + EBAN VP. For his extended bio, please visit the following link: http://ebaf2014.org/node/17

• Peter E. Braun, EBAN Board Member, Switzerland

PETER BRAUN  has launched several companies and completed two IPOs. Most recently, he launched an e banking solution for angel and private equity investments. For his extended bio, please visit the following link: http://ebaf2014.org/content/peter-e-braun

• Hakan Erturk, Head of Department, Financial Instruments and Markets Development, Turkey

HAKAN ERTÜRK heads the Dept. for Financial Instruments and Market Development at the Turkish Treasury Dept.. He focuses on improving access to finance for SMEs, and develops + implements public policies on angels, VCs, co-investment funds & funds of funds. For his extended bio, please visit the following link: http://ebaf2014.org/content/hakan-erturk

Take-aways of Panel 4:

1. Startups need more than money. They also need network, know-how and mentorship. Public can just provide finance but not know-how, networking and mentorship. So, it will be a good strategy for public to cooperate with Business Angels to convert public money to smart money.

2. The first step to realise this policy, an accreditation scheme for qualified angel investors should be set up. Public authorities should recognise the qualifed angel investors and create a ready-pool to invest in startups.

3. Second step is release a law to put minimum same amount of money if the accredited angel investor decides to invest in a startup. So, public money will use the expertise of the angel investor in this method.

 

16:10 – 16:30: Networking & Coffee Break 3

 

Panel 5:

Enjoy Panel 5 – VIDEO 14

16:30 – 17:10

Importance of Business Angel Networks for the Turkish Angel Investment Ecosystem

Key Note Speech 11: Baybars Altuntas, President of TBAA – Business Angels Association Turkey

BAYBARS ALTUNTAS founded Deulcom International, Turkey’s first vocational training school. Founded the Turkish Franchise Association, and was named Turkey’s best businessman in 2010. His book “My way to Dragon’s Den” is a bestseller in Turkey. Heads TBAA + EBAN VP. For his extended bio, please visit the following link: http://ebaf2014.org/node/17

 

Panel 5: Insights from the Turkish Business Angel Networks

Moderator: Baybars Altuntas – President, TBAA – Business Angels Association, Turkey

• Timucin Bilgor, President, BUBA BAN, Turkey

TIMUCIN BILGOR is one of the co-founders of Yemeksepeti.com (Turkey’s first and largest online food ordering platform) and early investors of DoubleClick. After having spent long years in the media industry in Europe, he returned to Turkey and founded BUBA, Bogazici University’s official angel investment network and startup incubator.For his extended bio, please visit the following link: http://ebaf2014.org/content/timu%C3%A7in-bilg%C3%B6r

• Kazım Yalçınoğlu, Founding Partner, Metutech BAN, Turkey

KAZIM YALCINOGLU is a serial entrepreneur with 21 companies under his belt. Plus an investor and lecturer. He is founder and CEO of SmartsUnited, Chairs the Mirya Group, as well as the Entrepreneurship and Innovation Platform at the Middle East Technical University. For his extended bio, please visit the following link: http://ebaf2014.org/content/kaz%C4%B1m-yalcinoglu

His presentation: EBAF2014 – Kazim Yalcinoglu

• Hasan Pehlivan, Board Member, Sirketortagim BAN, Turkey

HASAN PEHLIVAN started out in the oil and gas industry as a field engineer at Schlumberger in the Far East, rising to various executive positions. He has headed Axalto, and Gemalto operations in Turkey. As an angel, he supports new startups and mentors entrepreneurs since 2013. For his extended bio, please visit the following link: http://ebaf2014.org/content/hasan-pehlivan

• Hulusi Berik – Founding Partner Keiretsu Forum, Turkey

 HULUSİ BERİK started out in the Stock Exchange Market as a Broker at various company As an Angel and Mentor he supports new startups enterpreneurs since 2011.

• Ayse Inal, Managing Director , Galata Business Angels, Turkey

AYSE INAL is the MD of Galata Business Angels, Istanbul’s premier angel investment network. She has worked at CNN Türk and Kanal D, and is the founder and president of Koc University Economy Club. For his extended bio, please visit the following link: http://ebaf2014.org/content/ayse-inal

• Joachim Behrendt, President, BIC Angels

Dr. JOACHIM BEHRENDT has lectured at various universities from Marmara University to the London School of Economics. As a management consultant, he’s been active in Germany, UK, Romania, Turkey, and Poland. He has founded two companies in Istanbul and supports Turkish startups as an angel investor. For his extended bio, please visit the following link: http://ebaf2014.org/node/9

Take-aways of Panel 5:

1. Turkish angel investment ecosystem is very dynamic and fresh. Angel investors and Business Angel Networks are aware of the fact that in a few years later, they will be in a position to convince the startup ecosystems with succesful exits. Otherwise, market will loose its energy.

2. BANs in Turkey have to develop their connections with the global angel investment market to ease the exits. So, following global events and creating links with the global players are very important for fresh markets like Turkey.

3. Turkish Business Angels see the foreign angel investors as ‘mentor’ of themselves.So, Turkish Business Angels are fostering policy makers to give more incentives to foreign angel investors who completed succesful exits in Silicon Valley or in another market to be able to act together with them in their co-investments in Turkey and transfer the ‘making exit’ know-how to Turkey.

 

KEY NOTE SPEECH 12

17:10 – 17:20

Key Note: Expectations of startups from angel investors

• Ismail Haznedar, JCI President-elect

More about him: http://ebaf2014.org/content/ismail-haznedar

His presentation: EBAF2014 -IsmailHaznedar

Enjoy his speech – VIDEO 15

 

Panel 6:

Enjoy Panel 6 – VIDEO 16

17:20 – 18:00

Role of Alternative Markets for Entrepreneurs & Startups to Accelerate Access to Finance

• Key Note Speech 13: Dr Recep Bildik, Director, Private Market of Borsa Istanbul, Turkey

Dr. BILDIK has spent more than 15 years with financial markets. He played a pivotal role in establishing Borsa Istanbul’s first computerized trading system, regulating the equity-market infrastucture, designing and launching new markets, and a number of other fronts. For his extended bio, please visit the following link: http://ebaf2014.org/content/dr-recep-bildik

His presentation: EBAF2014 – Dr Recep Bildik

Panel 6: Accelerators 3.0: Do the startups need only finance?

Moderator: Dr Recep Bildik, Director, Private Market of Borsa Istanbul, Turkey 

• Michel Coster, Director, Emlyon Business School Incubation Center, France

MICHEL COSTER is the head of EMLYON Incubator. Launched in 2008, it has worked with 50 companies. Previously, he has helped more than 1,000 entrepreneurs and investors over 25 years. He is the author of three books. For his extended bio, please visit the following link: http://ebaf2014.org/content/michel-coster

• Kenan Colpan, Directır, Istanbul Technical University Innovation Center, Turkey

KENAN COLPAN has managed and successfully exited several startups. But he is also closely connected to Istanbul Technical University. He heads its Science park, runs the ITU’s subsidiary company 3M R&D, and is currently in the process of establishing the University’s Entrepreneurship Hub. For his extended bio, please visit the following link: http://ebaf2014.org/content/kenan-%C3%A7olpan

• Dr Abdul Malik Al Jaber, Founer & CEO of Arabreneur Acceleration Center, Jordan

Dr. ABDUL MALEK AL JABER has founded, run, and chaired a dazzling number of companies — and regularly features in the Global Telecoms Power 100 list, the first Jordanian to make that list. Just one example: he grew Palestinian Paltel Group’s profits from $15m to $100m. For his extended bio, please visit the following link: http://ebaf2014.org/content/dr-abdul-malek-al-jaber

• Adriane Thrash, Co-founder of Innovation Farm, Greece

ADRIANE THRASH is a co-founder of Innovation Farm, specializing in acceleration and coaching for early-stage startups and SMEs in Greece. Born and raised in Silicon Valley, she is also an organizer for Startup Weekend. For his extended bio, please visit the following link: http://ebaf2014.org/content/adriane-thrash

• Nurettin Gundogmus, Director of Corporate Finance in Aktif Investment Bank, Turkey 

NURETTIN GUNDOGMUS has more than 10 years of experience in project finance, corporate and commercial loans, corporate finance and private equity fields in Finansbank and Kuveyttürk Finance House.

Take-aways of Panel 6:

1. Accelerators will become more important than today in the very near future.Angel investors will forward startup applications to acceleration centers where they will be checked professionally to understand if they are investment ready startups.

2. Acceleration centers are going to be accepted as an institutional angel-investor in the future since they are realizing all functions of angel investors.

3. Startups will not come to angel investor first but will go to acceleration centers first in the future. Because they will understand that acceleration centers are high ways of the access to smart money (angel investors).

 

FIRECHAT

Enjoy the firechat – VIDEO 17

18:00 – 18:20: Firechat: Lessons from entrepreneurs that listed their startups in te Stock Exchange Market

Moderator: Villu Arak, Advisor to the Former President of Estonian Stock Exchange, Estonia

VILLU ARAK is a co-founder at Funderbeam.com, a startup analytics and benchmarking platform for angel investors. He started his career as a journalist three countries later, switched to public relations at Hill & Knowlton. Villu then joined Skype and ran its PR efforts in CEE and Scandinavia. Following a three-year stint as CEO of H&K Estonia, he has consulted Estonian startups seeking to enter global markets. For his extended bio, please visit the following link: http://ebaf2014.org/content/villu-arak

• Paulo Andrez, Emeritus President, EBAN, Portugal

PAULO ANDREZ is a serial entrepreneur, angel investor, and VP of the Portuguese Business angels’ federation. He has taken one company public and helped design and implement Portugal’s first business angels tax break. For his extended bio, please visit the following link: http://ebaf2014.org/node/18

• Alper Utku,President,MCT- Management Centre Türkiye

ALPER UTKU is the founding partner and president at Management Centre Türkije (MCT). It’s a consulting firm with 50 staff and now listed on Borsa Istanbul. It is the first and only professional services firm listed there. For his extended bio, please visit the following link: http://ebaf2014.org/node/13

 

18:20 – 18:30: Closing Remarks & Key Findings

Enjoy his closing speech – VIDEO 18

Baybars Altuntas, Chair, European Business Angels Investment Forum

For his extended bio, please visit the following link: http://ebaf2014.org/node/17