Here is a new guy in the tight world of investment clubs: his name is Investee and he wants to rally individuals for the cause of private capital.
Individuals who wish to invest directly in the capital of the growing companies do rarely in Belgium, either because the process is too complicated, or why access to the right files is too tight. There is definitely the fund-raising, but this tool is mainly used by start-ups at the very beginning of their project. For the rest, the horizon remains desperately empty until the land of Business angels. “Individuals who try to follow business angels indulge in the complexity of the files or because the investment ticket is too expensive,” he notes. Filipen Celen.
With Aelbrecht Van Damme, a serial entrepreneur with whom he collaborated in the financial consulting firm The Harbor, which he just created Invested filling this void means: helping these individuals to become new kind of business angel.
The investee is a investment club. This means that members of this community are offered investments in companies and are always free to participate or not. “We aim growing companies or companies with growth potentialwithout focusing, as is now customary, on technology or software, but being open to all sectors “, explains Filip Celen.” People have to understand a business before investing in it. “
“The typical business angel is 60 years old, a lot of experience, money and time “, continues the founder.” We want to bring out another type of business angel: entrepreneurs or managers aged 30 to 50, still active and who necessarily have little time, but who have some money and they want to invest in private capital. “This is Investee’s goal on the fundraising side.
“We want to bring out another type of business angel: entrepreneurs or managers aged 30 to 50, still active and who necessarily have little time, but who have little money and want to invest in private capital. “.
The hunting ground of the new club is Belgium and its three Regions. The stake will be around 200-300,000 euros per investment. The minimum ticket per member amounts to 20,000 euros. The investments will benefit from the “SME tax shield” incentive and the non-taxation of capital gains.
A community of 150 members
The investee aims to convert about 150 members this yearenough to bring together From 2 to 3 million euros to start investing in a dozen projects. “But we are ambitious, we aim for 5 million in 2023, then 10 million the following year”, details Celen.
The file stream it will be provided by various sources, including The Harbor as deemed appropriate. The investee already has it some investment projects below the elbow. The sectors covered range from pharmaceuticals to retail through 3D printing, electric mobility or the cloud. Aelbrecht Van Damme and Filip Celen lead the club together and rely on outside expertise for case analysis. “Our mission is to offer files with a quality seal.”
The club intends to stay between 4 and 7 years in each participating company. A fairly standard duration in the field of private equity, but Investee is innovating in this area too by asking every entrepreneur to collaborate from the fifth year in preparation for its future release.
“We target companies that can make a difference.”
About Ukrainian-Russian crisis, she … pushed the two founders to postpone the launch of the club for a few days. “This crisis will not be resolved quickly, concludes Filip Celen. It will undoubtedly impact our launch, but not our files or our investors, because we are targeting companies that could make a difference.”
- Individuals wishing to invest directly in the capital of growing companies rarely do so in Belgium.
- Aelbrecht Van Damme, a serial entrepreneur, and his fellow student Filip Celen have just brought the Investee investment club to the baptismal font; goal, to help these people become business angels of a new kind.
- Investee wants to convert around 150 members this year, enough to raise 2 to 3 million euros to start investing in a dozen rows in the country’s three regions.
- It plans to raise 5 million in 2023, then 10 million the following year.