On May 18 & 19, 2022 the Annual EBAN Congress brought together 350 business angels, entrepreneurs, VCs and business leaders attended the two-day EBAN Cork Annual Congress at Cork’s Páirc Uí Chaoimh
EBAN Cork 2022 kicked off on Wednesday May 18th with speeches from Simon Coveney TD, Minister for Foreign Affairs and Minister for Defence; and Michael McGrath TD, Minister for Public Expenditure and Reform.
The EBAN Congress is one of the largest angel congress in the world and the first major European Conference in Cork since the pandemic.
The European Business Angel Network (EBAN) two-day Congress took place on May 18th & 19th to max capacity at Cork’s Páirc Uí Chaoimh, with opening speeches from Simon Coveney TD, Minister for Foreign Affairs and Minister for Defence; and Michael McGrath TD, Minister for Public Expenditure and Reform. Meanwhile, Taoiseach Micheál Martin delivered a virtual address at the EBAN Cork Gala Awards Dinner on the evening of May 18th.
Some 350 business angels, entrepreneurs and business leaders attended the two-day event, which is the second-largest angel congress in the world. Among the attendees were Ukrainian entrepreneurs, who spoke about the value in investing in Ukraine’s start-ups, while also speaking about the challenges that the country’s entrepreneurs currently face.
- Oleh Derevianko, co-founder and chairman of Cork-based GuardYoo, received special permission from the Ministry of Digital Transformation and the Ukrainian Department of Defence to travel from Kyiv to Cork for the Congress. In 2018, Oleh participated in the CorkBIC International Security Accelerator. The cybersecurity company is an Enterprise Ireland client, with some of its technology team currently locked down in Ukraine. (Right: Oleh Derevianko photographed with Simon Coveney TD, Minister for Foreign Affairs and Minister for Defence)
- Inna Ushakova is the co-founder and CEO of Scalarr, which develops AI-based cybersecurity solutions for mobile and edge. Based in the US, she is currently fundraising for the aid organisation Help Kharkiv, consisting of a team of business leaders using their business expertise to efficiently allocate financial and humanitarian aid across key volunteer groups on the ground.
- Cork-based Alex Chernenko, CEO and founder of translation service provider, Translit, pitched on the Main Stage. His company is currently providing free translation services to Ukrainian refugees coming to Ireland. Alex participated in the CorkBIC Entrepreneur Experience in 2019.
Attendees included elite business angels and VCs from across Europe and the US, who came to Cork to learn from world-renowned speakers including Anita Bhatia, Assistant Secretary-General, UN Women; Terence O’Rourke, Chairman, Enterprise Ireland; and Cornelius Schmaltz, Head of Unit at the European Commission’s European Innovation Council Accelerator. Speakers provided insights on major angel investing trends and topics including impact investing and how to become angels of change; environmental, social and governance (ESG) funding routes; the power of accelerators for raising global finance; building for exits; and building a more diverse community.
The event featured panel discussions, roundtables and workshops that promoted business angel investing and enabled attendees to share their knowledge and unique experiences. In addition, the pitching events saw 30 high-potential start-ups from across the EU pitch for investments of €50K to €5M. Meanwhile on Wednesday evening, the EBAN Cork Gala Awards Dinner recognised the people, start-ups and European angel networks making an impact on Europe’s early-stage investment market.
The event was a major networking opportunity for attendees and was the first time Europe’s business angels have met in-person in more than two years. This will help EBAN to grow business angel investment across Europe from €8BN to €10BN by 2025.
Simon Coveney TD, Minister for Foreign Affairs and Minister for Defence, said: “Success comes from working together and for CorkBIC and EBAN to do that on an international scale is hugely valuable for Europe’s economies and those working in them. Attendees are able to connect, network and share ideas with some of Europe’s most successful investors. In doing so, this Congress will create greater opportunities for the international community to work together and back the ideas that will shape our future.”
Michael O’Connor, CEO, CorkBIC, said: “This event demonstrates the value of the investment community to start-ups in Ireland and across Europe. Particularly in times of uncertainty, it is important that we buoy the start-up community to come up with solutions that make a real-world difference.
“We are delighted to be at maximum capacity for this important event that reconnects Europe’s investor and start-up communities. Together, we are stronger.”
Keynote Speakers included
More information at: www.ebancongress.com