Global Entrepreneurship Week is a celebration of the innovators and job creators who launch startups that bring ideas to life, drive economic growth and expand human welfare. During one week each November, Network GEN inspires people everywhere through local, national and global activities designed to help them explore their potential as self-starters and innovators. Since 2010, the Global Entrepreneurship Week Germany is hosted by the Federal Ministry of Economics and Energy. With launching the so-called “Gründerwoche Deutschland” (Startup Week Germany), the Ministry wants to create a nationwide network in order to promote the entrepreneurial spirit all over Germany. Therefore, the Ministries of Economy in all 16 states in Germany as well as many business umbrella associations are involved in this campaign.

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Normally Business Angels are high net worth individuals in contrary to Venture Capital Companies, which has only the business purpose to invest and to exit after few years. The investment companies of Angels Association Global and their Albanian daughter network Angels Association Albania -all members and partners of Gateway Albania- is a mixture of both and they are informing us here: Investing into each phase of the business as like early stage, risky situations or expansion, but as a long-term partnership and a direct personal connection as consultant and coach inside the common company. The normal quote of failing by investment is 1:10 - means, from ten investments six will die into the first six months, three will be alive but nobody knows, why and only one investment will be alive more than three years and making all partners glad - but also this single company must earn enough money to compensate the other nine failed investments. And thats the problem.

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Our member Angels Association Global has a lot of experience as Venture Capital Company in several countries and informed about: One reason of the expansion of the group worldwide was and still is to cooperate, to set up joint ventures and to finance young companies or entrepreneurs entering the sea of sharks, named StartUp-Market. To do the right decisions of investment one important step was to expand the wide range of consulting services of several companies of the group and to have special interest companies to consult startup companies and later, after the first investment in that new company to take care of the owner and our investment to educate them, to train them and to be on his or her side. We were one of the first so-called Business Angels and doing that business in several countries until today.

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