Entries for the Techboard Australian Angel Awards close on November 7

- November 2, 2023 2 MIN READ
Photo: AdobeStock
Startup investment analysis firm Techboard has extended the closing date for its annual Australian Angel Awards to November 7′

The awards celebrate the contribution Angel investors make to the startup ecosystem and overall economy and community in Australia, and this year are being supported by Angel Loop.

Techboard CEO and cofounder Peter van Bruchem said Angel investors not only provide their own money as capital to startups and early stage businesses, they are also generally active in their support of their investee companies, providing guidance, mentoring, introductions and more.

“The categories for 2023 have been modified in recognition of shifts in the investment landscape in Australia,” he said.

“With greater emphasis being placed on the more philanthropic role Angel investment can play in the Australian and global community we have introduced an award for the Biggest Impact Angel Investment.

“Consistent with the work that many groups have been doing to help ensure that founders from diverse backgrounds are able to obtain investment into their startups we have introduced an award to celebrate a Champion of Investment Diversity.”

van Bruchem said the new awards along with the five existing categories have also been tweaked when it comes to criteria.

“We are now only counting new angel investments rather than including follow-on investments as we have done in previous years,” he said.

Most active Angel group is assessed by the highest number of confirmed new Angel investments made during FY23. Most active regional Angel group us for angel groups based outside of a capital city, assessed by the highest number of confirmed new Angel investments.

Most active Angel investor is assessed by the highest number of confirmed new Angel investments. Angel Investor of the year will be awarded to Angel investor who has made a significant contribution to the Australian Angel investment community as assessed by the judging panel – taking into account not just their investment activity, but also their impact on the angel investor community through education, support, promotion or other activities.

Best Angel Exit of the year will be based on the most financially successful exit of an Angel investment. Individual Angel investors and Angel investment groups from across the country participate in the awards which are based on a data-driven assessment as well as an expert judging panel.

Entries close at midnight on November 7 and supplement Techboard’s capture of startup funding data available to our subscribers and are covered in our reports on startup and young tech company funding.

The winners owill be presented at an event to be held in conjunction with the Perth Angels during the West Tech Fest in December 2023.

Last year’s winners were:

Professor Tim Hirst: Angel of the Year,

Brisbane Angels: Best Angel Exit of the Year, with overall a 25x return on its investment in video editing app Clipchamp.

Brisbane Angels member Richard Moore: Most Active Angel Investor – for the second year running

Brisbane Angels: Most Active Angel Group – for the fourth year in a row with 37 qualifying investments (up from 2021’s 32) into over 30 companies.

Byron Bay Angels: Most Active Regional Group award with seven investments.

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