Singapore and New Zealand Have New Angel Investing Alliance

Having funds is one thing, how a startup is able to deploy the funds to gain market access and thus build up customer base is another. In a new partnership between the Angel Association of New Zealand (AANZ) and the Business Angel Network (South East Asia) (BANSEA), both parties have agreed to help the funded companies from the other side enter its domestic market.

From left: Joe Rouse (BANSEA) and Andrew Hamilton (AANZ) signing the MOU.

What This Means For Startups

Startups both in Singapore and New Zealand under the care of the angel investors in both associations might have a slightly easier time in trying to gain market access in the other country. The benefits of such an alliance cannot be downplayed as each association has under their wing many investors, much experience and have built up networks that will be hard to place a value upon.