A business angel is generally defined as a private individual who invests part of his personal assets in a start-up and also shares his personal business management experience with entrepreneurs. The investment often takes place in the early days of the investee business existence. Genuine business angels are therefore experienced entrepreneurs themselves, who invest venture capital in exchange for stock and are personally involved in managing investee businesses. Business Angel in Alytus is a so-calles Business Angel Network (BAN) - an organization whose aim is to facilitate the matching of entrepreneurs (looking for venture capital) with business angels. As a BAN it aims to remain neutral and generally refrain from formally evaluating business plans or angels. BANs make a market place for matching services.

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