One of the key proposals being tabled by NBAN is to further support new business by establishing an industry forum where regional and local business angel networks can discuss issues, share their own experiences and co-ordinate policy.
The DTI's pledge to NBAN comes after the Government announced plans to review the Financial Services and Markets Act 2000.
These figures indicate that investor confidence in the business angel market remains robust,' said NBAN managing director Bernard Hallewell.
Anyone who wants details about business angel investments should contact NBAN at 40-42 Cannon Street, London EC4N 6JJ (phone 020 7329 4141).
The NBAN was launched in 1999 as a clearing house for business angels and companies seeking funds and is supported by the Department of Trade and Industry.
Professor Colin Mason of the Hunter Centre for Entrepreneurship at the University of Strathclyde in Glasgow carried out the research on behalf of the NBAN and the British Venture Capital Association.
was chosen to pioneer the scheme because of it already operates a match-making network, bringing together its bank of investor champions with new businesses.
Keeping all existing services intact, NBAN allows cable operators to cost- effectively deploy services on HFC networks using standard 100 Mbps or 1Gbps switched Ethernet technology that is delivered in the HFC frequency spectrum above 860 MHz.
The NBAN solution is comprised of four hardware elements:
The ONDS performs an optical-to-electrical conversion of NBAN
The trunk port carries NBAN symmetrical Ethernet traffic at
Each NBAN element in the switched Ethernet HFC network is an IP- addressable entity supporting a Simple Network Management Protocol (SNMP) management agent.