China Business Angels Network (CBAN) was established in May 2008 by a group of angel investors based in Beijing, China in order to bring an alternative source of funding, business expertise and â€˜hands-onâ€™ assistance to promising early stage companies in China. CBAN aspires to be the first organised angel investors network in China.
CBAN members actively participate at CBANâ€™s activities in Beijing and in Shanghai, be it in generating deal flow, or screening business plans, or participating at start-up presentation events. CBAN members invest individually, at their discretion, when and where they choose. CBAN activities include monthly start-up presentation events; the start-ups are selected by CBANâ€™s Screening Committee from the pool of business plans that are being submitted to CBAN by the various entrepreneurs.
CBAN itself is a group, a community of angel investors and as such it is a not-for-profit organisation. CBAN is also affiliated and has an active collaboration with the Business Angel Network South-East Asia (BANSEA).