The program is free-of-charge for BAN members but program participants are expected to invest €10-15.000 each in the winning start-up together with all the other participants. Find the detailed description of program benefits below and contact us to learn more!
Apply to program here
Group Investment
Investment process
All the local programs form a group led by experienced angels. The group evaluates deal flow from the local leading startup events. The finalists are selected by the group and winners are offered a syndicated investment.
Experienced lead investors
The groups are led by experienced investors sharing startup investing best practices.
International deal flow
High quality international deal flow is guaranteed via cooperation with leading local startup events.
Dates for spring program:
Aarhus: Tuesday, March 12th. (Masterclass)
CPH: Wednesday, March 27t (Portfolio building)
Aarhus: Thursday, April 25th (Due Diligence)
CPH: Wednesday, May 15th (Lead angel activity & contracts)
CPH: Friday, May 31st: NAP top 10 pitch & sparring session
A typical investment
– Ticket size ca 10.000 – 15.000 EUR
– Group of app. 25 investors
– Led by experienced angels
Investment terms
All the local programs are responsible for their local contract terms offered to the startup. The investments are most likely done through a “special purpose vehicle” (SPV), enabling the entrepreneur to have a simple investment relation.
Apply for NAP by DanBAN
All the programs are open for international angel investors to join. You can apply here and contact the manager of the local program for detailed information.
Previous programs

NAP by DanBAN batch one: €230.000 invested in Meploy by 24 business angels. The Group lead angel was Thomas Black Petersen.

NAP by DanBAN batch two: 250.000 EUR invested in Obital by 22 business angels. The group lead angel was Sune Alstrup.

NAP by DanBAN batch three: Still pending ….