The AAA is a collaborative platform for angel groups or networks and/or other early stage ecosystem players operating within ASEAN member countries to promote angel investing and angel investments in start-up ventures. The member organisation of the AAA shall be guided by the following terms of reference:
To promote intra ASEAN investment in start-up or tech based or high growth businesses, promote cross-border syndication and co-investment support in line with the objectives of AEC
Raising awareness of angel investment and capacity building
Sharing of resources, best practices, investment experience and benchmarking in ASEAN
Co-creation of education and investment programs, standards and certification
Focused research into angel investment ecosystem in ASEAN countries
To serve as policy lobbyist and advocate for a harmonized angel investment policy and standards in ASEAN.
AAA to act as a neutral platform for collaboration by member countries
AAA is independent and non-political in nature
Establishment is via MOU after which alliance operates as a loose alliance with organisations from each participating ASEAN country as members
Participation is on a “no obligation”, voluntary and is non-exclusive basis
Activities can be on bi-lateral or multi-lateral basis to encourage interaction between members
AAA to focus on low hanging fruits of immediate, mutual interest to kick start the initiative and create early momentum
The AAA may include other member groups/countries subject to the approval of the founding members.
More than one group per country may participate in the AAA PROVIDED ALWAYS that each group is vetted and endorsed by the relevant founding member eg if another group from Malaysia intends to join the AAA, MBAN has to vet and endorse said group.
To be eligible, additional groups must fulfill the following criteria:
They are an organized angel group and/or early stage ecosystem organisation
have at least 5 members
must be independent and non-political in nature
meet any other country specific eligibility criteria set by the relevant founding member. Founding members may also waive any requirement as it sees fit.
Members may establish Working Groups to undertake specific initiatives within identified areas of interest.