LCCI Program

6th edition of the Business Angel Leadership Program for Latvian Chamber of Commerce

April 20 — May 20, 2021 | ONLINE

Smart Laws  LVCA

LCCILatBAN

BUSINESS ANGEL SCHOOL

Business Angel Leaders is an educational program that provides hands-on knowledge to experienced and future business angels. The designed program offers a unique methodology that combines theory and practice.

During the program, angel investors will be provided with different frameworks to use while building their portfolios. Business Angel Leaders offers a wide other angel investors' network to its participants.  Additionally, the program's graduates will be invited to join Business Angel School Alumni network: 70+ alumni, 30 leading angels from different EU BANs, VCs, investment platforms and initiatives.

The program's guest speaker list includes industry professionals from all over Europe: Super Angels and angels, BANs, Investment Leaders and VCs.

GOALS OF THE PROGRAM

  1. Contribute to creating a Pan-European angel investors ecosystem  
  2. Help business angels to build their investment network  
  3. Share hands-on knowledge and working frameworks  
  4. Offer angels practical experience in communication with startups, syndication, and leading the deals 

WHAT TO EXPECT FROM THE LCCI PROGRAM?

During the 5-week intensive program, angel investors will learn about a wide range of topics: from investment ecosystem in the EU, key players, how to work with them to Startup evaluation methodologies, legal aspects of angel investments, and way more.

By combining workshops, fireside chats with other angels, mentorship and individual sessions, we ensure a real experience to be put on the table. By organizing round tables with VCs and live startup pitches, we create a unique, practice-based program where frameworks can be tested on an instant basis.  

The program additionally allows growing your networks with Superangels, professional VCs and other essential ecosystem players throughout Europe. The last session will be held as a Gala Dinner Networking Event if possible. Find the full program's agenda below.  

Participation Fee:  

  • Members of LCCI: 2500 € + VAT
  • Other Companies 3500 € + VAT 



 


Week 1: Investors, Startups, Trends

April 20, 2021 | ONLINE

  • 18.00 – 19.00 Introduction to the angel investments
  • 19.00 – 19.30 Fireside chat with a special guest

April 22, 2021 | ONLINE

  • 18.00 – 19.00 Startup evaluation framework
  • 19.00 – 19.30 Fireside chat with a special guest

Week 2: Your profile and startups’ relations

April 27, 2021 | ONLINE

  • 18.00 – 19.00 Building your angel profile
  • 19.00 – 19.30 Fireside chat with a special guest

April 29, 2021 | ONLINE

  • 18.00 – 19.00 Startup-Investor relations framework
  • 19.00 – 19.30 Fireside chat with a special guest

Week 3: Pitches, Q&A and Groups Sessions

May 4, 2021 | ONLINE

  • 18.00 – 19.00 Pitch session
  • 19.00 – 19.30 Moderated discussion

May 6, 2021 | ONLINE

  • 18.00 – 19.00 Let’s use the frameworks – practical workshop on startups’ evaluation
  • 19.00 – 19.30 Moderated discussion

Week 4: Leadership and Syndication

May 11, 2021 | ONLINE

  • 18.00 – 19.00 How to syndicate deals?
  • 19.00 – 19.30 Moderated discussion with special guests

May 13, 2021 | ONLINE

  • 18.00 – 19.00 How to lead the deals?
  • 19.00 – 19.30 Moderated discussion with special guests

Week 5: Round Tables and Wrap-up

May 18, 2021 | ONLINE

  • 18.00 – 19.00 Round table with VCs (5 EU/USA-based VCs)
  • 19.00 – 19.30 Q&A session with VCs

May 20, 2021 | ONLINE

  • 18.00 – 19.30 Wrap-up of the program and reflection session

PROGRAM RESULTS

After successfully completing the program, business angels will have deepened competencies regarding the various angel investing topics and an expanded network of EU investment ecosystem players. Program’s graduates will be able to:

  1. Evaluate startups using different methodologies
  2. Create their personal angel profile
  3. Build a personal portfolio
  4. Apply the frameworks of collaboration with startups
  5. Use the frameworks of syndication and co-investment
  6. Negotiate different investment conditions to startups
  7. Lead or co-lead the deals

 


GUESTS

Many long-year experts from the startup investment ecosystem will be joining fireside chats throughout the Latvian Chamber of Commerce Business Angel School.

Max Postnikov

Max Postnikov

Founder at MentorMax & Board Member at Baltic Sandbox

Martynas Kandzeras

Martynas Kandzeras

Board Member at LitBAN

Frank Petry

Frank Petry

Angel Investor & Board Member at Baltic Sandbox

Petr Šíma

Petr Šíma

Partner at DEPO VENTURES

Rita Sakus

Rita Sakus

Board Member at LitBAN

Dr. Karola Xenia Kassai

Dr. Karola Xenia Kassai

CEO at KassaiLaw

Gytenis Galkis

Gytenis Galkis

Partner at 70Ventures

Reima Linnavirta

Reima Linnavirta

Chair of the Board at FiBAN

Kristjan Raude

Kristjan Raude

Board Member at EstBAN

Stanislav Ivanov

Stanislav Ivanov

Founding Partner at Tera Ventures

Andris K. Berzins

Andris K. Berzins

Managing Partner at Change Ventures

Kasper Suomalainen

Kasper Suomalainen

Seed stage VC & Investment Manager at Superhero Capital

Testimonials

Martynas Kandzeras, Board Member, LitBAN:

This Business Angel school features all the key topics that are essential for the business angel to successfully operate. I found it valuable since all the workshops are based on practical cases. Moreover, fireside chats with various professional business angels and other ecosystem members help to have a wider understanding of the startup and investment world. Best part? You get to test all the frameworks and new knowledge during the live startup pitching events. I do recommend this program to the newcomers, and to professional guys who want to renew their knowledge.

Arvydas Strumskis, Board Member, LitBAN:

With the continuous growth of Lithuania venture investments, we are pretty sure we have to invest more into the key element of any startup's life – Angel investments. With this goal we are really happy to present you with a renewed program that was designed to not only broaden the competence of angel investors, but also to strengthen the topics that maybe were missed out.


Organizers and Partners



Baltic Sandbox is a sustainable value acceleration partner for the Eastern European startups seeking the transition to the Western European markets. Baltic Sandbox is primarily working with startups from various industries addressing responsible consumption societal problems, UN sustainability goals, and the digital economy.

Latvian Chamber of Commerce and Industry (LCCI) is the biggest association of entrepreneurs in Latvia, uniting 6000 members – micro, small, medium and large enterprises of all regions and industries, associations, city business clubs, other unions of entrepreneurs. Association represents entrepreneurs' interests and provides services so that Latvia has excellent enterprises in an excellent business environment. 

Latvian Business Angel Network (LatBAN) aims to extend and develop investors' network in Latvia and support new and prospective projects. This is why we organize Investment Sessions, during which investors and new entrepreneurs meet with each other. 

SmartLaws provides access to services of highly qualified attorneys, which are accessible through integrated video conference capability. The platform also provides tools that help solve legal tasks - electronic signature, document templates, document management tools.  

Latvian Private Equity and Venture Capital Association (LVCA) is a non-profit organization. By investing money in a company, the venture capital fund becomes its co-owner, thus taking a share of the business risk and expecting a return appropriate to the high risk undertaken.