Here is a new child in the narrow world of investment clubs: it’s called Investee, and it wants to bring together individuals for the purpose of private capital.
Individuals who want to invest directly in the capital in growth companies do rarely in Belgium, either because the process is too complicated, or because access to the right the files are too narrow. There is definitely crowdfunding, but this instrument 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 trying to follow business angels let go along the way because of 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 has just created Invested to fill this void means: to help these individuals to become new kinds of business angels.
Investee is one investment club. This means that the members of this community are offered investments in companies and that they are always free to participate or not. “We aim companies in growth or companies with growth potentialwithout concentrating, as has become a habit, on technology or software, but by being open to all sectors, “explains Filip Celen.” People need to understand a business before investing in it. “
“The typical business angel is 60 years old, a lot of experience, money and time “, the founder continues.” We want to bring another kind of business angel forward: entrepreneurs or managers aged 30 to 50, still active and who necessarily have little time, but who have little money and wants to invest in private capital. “This is the goal of Investee on the fundraising side.
“We want to bring another kind of business angel forward: 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 are Belgium and its three regions. The bet will be around 200 to 300,000 euros per. investment. Minimum ticket per member amounts to 20,000 euros. Investments will benefit from the “SME tax haven” incentive and non-taxation of capital gains.
A community of 150 members
Investee aims to convert about 150 members this yearenough to gather 2 to 3 million euros to start investing in a dozen projects. “But we are ambitious, we are aiming for 5 million in 2023, then 10 million the year after,” explains Celen.
Filflowet will be delivered from various sources, including the Port, if deemed appropriate. Investee has already some investment projects under the elbow. The sectors covered range from pharma to retail through 3D printing, electric mobility or the cloud. Aelbrecht Van Damme and Filip Celen lead the club together and rely on external skills for analyzing files. “Our mission is to provide quality stamp files.”
The club intends to stay between 4 and 7 years in each participating company. A fairly standard duration in private equity, but Investee is also innovating in this area by planning to ask every entrepreneur to collaboration from year five in preparation for its future release.
“We cater to companies that can make a difference.”
Around Ukrainian-Russian crisis, she … pressured the two founders to postpone the launch of the club for a few days. “This crisis will not be resolved quickly, Filip Celen concludes. It will undoubtedly have an impact on our launch, but not on our files or on our investors, because we are targeting companies that are likely to make a difference.”
- People who want 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; aims to help these individuals become business angels of a new kind.
- Investee wants to convert about 150 members this year, enough to raise 2 to 3 million euros to start investing in a dozen files in the country’s three regions.
- He plans to raise 5 million in 2023, then 10 million the following year.