Meet Francesco Marini Clarelli, European Business Angel of the Year

There are business angels in Europe: they are less visible than the Silicon Valley super-angels, but they do invest in early-stage enterprises, they work to make the business environment more open to entrepreneurs, and they believe in the power of entrepreneurship to add dynamism to our tired economies.

On May 12 Francesco Marini Clarelli, an Italian, was honored as Business Angel of the Year by EBAN, the European Association of business angels, seed funds, and other early stage market players. As an angels’ lobby, EBAN has committed to a few notable efforts, such as producing the white paper on Women and European Early Investing and launching a range of initiatives to support women and early stage investing. Italian Angels for Growth, the network that Francesco founded a few years ago in Milan, has been selected by EBAN as a pilot organization in its effort to bring women from 5% to 20% of early stage investors in Europe by 2015.

I have known Francesco for a few years, not just in my role as a mini-angel and member of Italian Angels for Growth, but also as a family friend. He prefers to keep out of the limelight. But in wine connoisseurs’ circles, he is best known for returning to Christie’s a bottle of 1784 Ch√Ęteau d’Yquem, which they had mistakenly shipped to Francesco, instead of the 1904 he had bought: still a fantastic vintage, but not as phenomenally rare as the 1784, which may or may not have been a legendary “Jefferson bottle“.

Congratulations, Francesco! I hear you opened the 1904 with some friends a few years ago, but I am sure your cellar offered a choice of other worthwhile bottles to celebrate the EBAN award in style.

One thought on “Meet Francesco Marini Clarelli, European Business Angel of the Year

  1. Hi Paola, just discovered your blog. I am very interested in that EBAN white paper, have you ever had a look at it? I’d be interested on seeing a paper on “how to become an angel investor” (assuming you have money to invest of course ;-) ). I assume you join some sort of angel investor network?

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