1 January, 2022
250 EUR per month
Profile of entrepreneurs: Entrepreneur (1) has a running business or wants to establish a new company (2) wants to have a company in EU (3) wants to have a bank account for its business in EU (4) wants to have a digital infrastructure for business meetings (5) wants to develop a global network (6) wants to be well-connected with global entrepreneurship ecosystem (7) wants to benefit from business mentorship, business advisory, business consulting and coaching services (8) needs secretarial service, telephone number, post-delivery service, business address.
Level: Mature businesses
Title to be assigned: WBAF International Partner
WIPA Business Card Title of the EIR accepted for the Programme: Board Director / CEO / Founder / Chairman of your company / Angel Investor / Business Mentor
Strategic Team: (1) Strategic Advisory Board including a Business Mentor, a Business Coach and a Business Consultant (2) Non-Executive Board Members
Secretarial Service: 150 EUR per month
Co-investor Agreement with the WBAF Angel Investment Fund: No
Programme duration: Minimum 6 months
Price: 250 EUR per month
Minimum WBAF Credits to be invested: Minimum 2500 Credits every 6 months
Components: Participant can create his/her programme by choosing components from Smart Idea, Smart Money, or Smart Capital Programmes.
QBAC+ Qualified Angel Investor Course
QBMC+ Qualified Business Mentor Course
CBMC+ Certified Non Executive Board Member
Please note that programme fees are for one start-up team with two founders, not per-person. The third member of the team should pay 75% of the programme, the fourth member of the team should pay 50% of the programme. However, each team member should have an EIR ID Number. One-to-One Session means it is a session for the start-up team in one group.
Non-Executive Board Meetings with the Start-up Co-Founder(s)
Meeting 1: 1 Hour Online – Every 3 months
Executive Committee Members to join the meeting:
Acceptance for the Co-working Programme:
The objective of WIPA is to identify the best start-up ventures and SMEs who want to go digital, create value for the ecosystem of the World Business Angels Investment Forum and who want support for digital transformation of their businesses. WIPA uses a six-step process to identify the best candidates, starting with intense press coverage and marketing to announce the start of the admission process.
Step 0:Entrepreneur should get an EIR ID Number Please note that only entrepreneurs with and EIR ID Number can move into the selection process.
Step 1: An online application via wbaforum.org or wipa.agency
Step 2: Phase Identification Interview
Step 3: Selection of candidates
Step 4: Proposing selected candidates to approval of the board
Step 5: EIR receives Letter of Acceptance
Step 6: EIR completes the registration process
The evaluation criteria to be used by the Selection Committee include:
Once accepted, start-up founders / SME founders will be required to sign a binding agreement which details:
Ventures that are accepted into the WIPA Start-up Exchange Programmes (WSEP) will enjoy improved success rates as they are nurtured through the early stages of enterprise development. Specific benefits include a better appreciation on the part of Founders of how prepared the business needs to be to attract investment capital. The programmes will help entrepreneurs understand what funding is appropriate for their business, considering the specific personal and business ambitions and the current stage of development and growth of the business. They will also better appreciate how developed the business needs to be in relation to customer engagement and market validation.
From the perspective of entrepreneurs / founders of early and growth-stage companies, there are several reasons why they would want to participate in an incubation, acceleration or, co-working programme at the WIPA.
For WBAF’s global partners in particular, WIPA will provide enhanced deal flow as well as other potential benefits such as:
Entrepreneurs-in-Residence accepted for the WIPA Start-up Exchange Programmes are awarded a professional certificate featuring their proficiency level on global entrepreneurship and a personal WIPA Identity Card.