Business angel matching loans are a credit line for approved business angels investing in Danish young entrepreneurial enterprises.
A Business angel matching loan enables business angels approved under the scheme to match their investments in young entrepreneurial enterprises with a loan to the relevant enterprise at a ratio of 1: 1. This means that when a business angel invests in your business, you may be offered a similar and ancillary loan from Vaekstfonden at the same time.
Consequently, the additional credit line ensures increased access to capital for young Danish entrepreneurial enterprises, also making it more attractive for business angels to invest in young business segments.
Access to the scheme requires approval of each business angel. Once approved, a business angel decides when to use the line of credit.