Programme strategy | Bangladesh Angels Network
A compact, high-touch programme to build confident, disciplined early-stage investors — blending live instruction, BAN membership benefits, and applied learning alongside our analyst team.
Features of BAN Angel Academy
BAN Angel Academy is designed to move participants from theory to practice — the same deal rhythm, language, and diligence habits our network uses in live opportunities. Cohort size stays intentionally limited so you get real access to BAN analysts and your pod.
| Sessions | 15 sessions × 2 hours each In-person: 2 sessions at IUB, Dhaka · 13 online (Google Meet) |
|---|---|
| Duration | 3 months |
| Fee | BDT 40,000 | USD 420 |
| BAN membership | USD 199.50 (standard USD 399 — 50% discount) |
| 1:1 with BAN analysts | 2 × 45-minute private 1:1s per participant with a BAN senior analyst |
| Assignments | 4 assignments across the programme — 2 individual, 2 group (pod-based) |
Fees, dates, and cohort format are subject to update for each intake. The Bangladesh Angels team will confirm final terms at enrollment.
Angel Academy · BAN
Whether you’re building a startup, writing your first cheque, or simply following Bangladesh’s innovation story, Angel Academy gives you the edge to move with confidence.
Understand how VCs and angels evaluate deals, structure term sheets, and decide who to back. Build a fundable business from day one.
Learn how to identify high-potential startups, evaluate risk, and build a personal angel portfolio in Bangladesh’s rapidly growing ecosystem.
Discover how VC firms around the world hire, what analysts and associates actually do, and how to position yourself for roles across venture capital, startup operations, and ecosystem building.
Get an insider’s view of the Bangladesh innovation economy: the players, the deals, the trends, and the opportunities shaping the decade ahead.
Not sure which path fits you? We’ll help you find it.
Find your pathHow we prepare you and your cohort before Session 1 — alignment, pod placement, and tailored analyst time.
It will be completed before Session 1. It’s not a screening—it’s a personalisation call covering investment appetite, sector interests, motivations, and learning objectives for the Academy. Outputs: thematic pod assignment and identification of participants who need early support.
Participants are placed in pods of roughly 3–5 based on sector focus and risk appetite. Pods collaborate on group assignments and deliver the final IC pitch together.
Two private checkpoints across the programme.
Personal investment thesis — sector, stage, cheque size, and risk appetite.
Portfolio strategy — construction, diversification, follow-on allocation, and your post-graduation sourcing plan.
Assignments are marked with ■ in the session where they are due. Sessions 6–8 are Phase 2: three deep dives (technical, commercial, financial & legal) that build toward the full pod due-diligence report — with Assignment 3 due after Session 9. The two In-Person sessions anchor programme launch and IC graduation.
Five phases across fifteen sessions: content themes, key assignments, and how experiential work maps to the IC.
BAN Angel Academy
Programme snapshot
15 sessions · 3 months · 5 phases · In-person + online
Curriculum overview
| Phase | Sessions | Content | Experiential | IC |
|---|---|---|---|---|
| Phase 1 · Foundations (1 in-person, 4 online) | 1–5 |
Angel mindsetThesis & sourcingValuationVenture economicsStartup evaluation ■ Personal investor profile + investment thesis & deal sourcing |
Investor profile & deal sourcing (pods) | 1:1 analyst session A |
| Phase 2 · Due diligence (3 online) | 6–8 |
Technical DDCommercial DDFinancial & legal DD ■ Full due-diligence report (pod) |
Thematic due diligence | 1:1 analyst session B |
| Phase 3 · Deal execution (3 online) | 9–11 |
Term sheetsGovernance & rightsPortfolio construction ■ DD report submission & deal-proceed recommendation |
Deal structuring & portfolio | Portfolio construction |
| Phase 4 · Value creation (3 online) | 12–14 |
Founder supportExits & returnsSE Asia markets ■ IC dry-run with faculty (Session 14) |
Value creation & IC prep | IC dry-run |
| Phase 5 · IC graduation (1 in-person) | 15 |
Live IC pitchQ&AInvestment memoCertificate ■ IC pitch & investment memo — programme capstone |
Live IC pitch & graduation | BAN partners & NRB angels |
Format and focus by session.
| # | Assignment■ | Format | Session title & focus |
|---|---|---|---|
| Phase 1: Foundations — sourcing, market/team/product evaluation, venture economics & fund mechanics (Sessions 1–5) | |||
| 1 | — | In-Person | Orientation & the Angel Mindset — Cohort introductions; thematic pod formation; BD startup ecosystem; angel vs. passive investor mindset. |
| 2 | ■ | Online | Venture Economics & Fund Mechanics — Power law; return math; cap table fundamentals; SAFEs, convertible notes, equity rounds; dilution modelling; different instruments. |
| 3 | — | Online | Thesis-Driven Sourcing — Building a personal investment thesis; sector and stage focus; BD accelerators, and deal rooms. |
| 4 | ■ | Online | Startup Evaluation: Team, Market & Product — Founder assessment frameworks; TAM/SAM/SOM for emerging markets; PMF signals; structured scoring criteria. |
| 5 | — | Online | Financial Analysis & Valuation — Pre-revenue valuation methods; comparable transactions; term sheet economics; cap table red flags. |
| Phase 2: Thematic due diligence — technical, commercial & legal (Sessions 6–8) | |||
| 6 | — | Online | Technical Due Diligence — Tech stack and architecture review; engineering team quality signals; IP and build-vs-buy risk; AI/ML model risk. |
| 7 | — | Online | Commercial & Market Due Diligence — Primary research: customer interviews, reference checks, competitor mapping; validating founder assumptions; unit economics stress-testing. |
| 8 | — | Online | Financial & Legal Due Diligence — Data room review; revenue quality and cohort analysis; BIDA and Bangladesh Bank regulatory compliance; NRB cross-border deal structuring. |
| Phase 3: Deal execution (Sessions 9–11) | |||
| 9 | ■ | Online | Term Sheets, Negotiation & Deal Structuring — Founder-friendly vs. investor-protective terms; pro-rata rights; anti-dilution; lead vs. follow dynamics; syndication mechanics. |
| 10 | — | Online | Portfolio Construction & Risk Management — Sizing bets; diversification in a small portfolio; follow-on allocation; concentration risk across BD and SE Asia. |
| 11 | — | Online | Corporate Governance & Investor Rights — Board vs. observer rights; information rights; protective provisions; managing the investor-founder relationship post-close. |
| Phase 4: Value creation & exits (Sessions 12–14) | |||
| 12 | — | Online | Value Creation & Founder Support — Post-investment engagement; NRB network leverage; strategic introductions; when to intervene vs. step back. |
| 13 | — | Online | Southeast Asia: Markets & Co-Investment — SE Asia venture landscape; deal access for BD/NRB angels; co-investing alongside established funds like IDLC VC Fund 1; cross-border structures. |
| 14 | — | Online | Exits, Returns & Building an Investor Brand — M&A, secondary sales, IPO pathways; DPI optimisation; building a public thesis and investor reputation. IC dry-run with faculty. |
| Phase 5: IC & graduation (Session 15) | |||
| 15 | ■ | In-Person | Investment Committee Pitches & Graduation — Live IC presentations to BAN partners and NRB angel panel; structured Q&A; certificate ceremony; BAN membership onboarding. |
Session topics and order may be refined by cohort. ■ = assignment due after that session: Assignment 1 (Session 2), Assignment 2 (Session 4), Assignment 3 (Session 9), Assignment 4 (Session 15).
Content pillar, experiential track, and investment-committee work aligned across all fifteen sessions.
BAN Angel Academy
Programme curriculum
15 sessions · 3 months · 5 phases
| Phase | Session | Content pillar | Experiential | Investment committee |
|---|---|---|---|---|
| Phase 1: Foundations (Sessions 1–5) | ||||
| Phase 1 |
1
In person
Orientation & the Angel Mindset BD startup ecosystem · Angel vs. passive investor mindset · Thematic pod formation |
Launch session; cohort and pods. Sets expectations for the arc ahead. | Personal profile & pod formation — Intake interview · Pod assignment by sector & risk appetite |
1:1 analyst sessions (Sessions 1–5) Wk 2–4 — Session A: personal investment thesis · Wk 7–10 — Session B: portfolio strategy & construction |
|
2
Online
Venture Economics & Fund Mechanics ■ Assignment 1 due — Personal investor profile (1 page) |
Power law, return math, instruments, dilution, cap table literacy. | |||
|
3
Online
Thesis-Driven Sourcing Personal investment thesis · Sector & stage focus · BD accelerators · Deal rooms |
Build thesis and a repeatable sourcing rhythm. | Thesis formation & deal sourcing — 1-page pod thesis · 3 sourced deal candidates with rationale | ||
|
4
Online
Startup Evaluation: Team, Market & Product ■ Assignment 2 due — Investment thesis & deal sourcing (pod) |
TAM / SAM / SOM, PMF signals, structured scoring. | |||
|
5
Online
Financial Analysis & Valuation Pre-revenue valuation · Comparables · Term sheet economics |
Valuation, comparables, and term-sheet economics in practice. | |||
| Phase 2: Due diligence (Sessions 6–8) | ||||
| Phase 2 |
6
Online
Technical Due Diligence Tech stack & architecture · Engineering quality · IP & build vs. buy · AI/ML risk |
Structure technical risk questions and evidence. | Thematic due diligence — Technical · Commercial · Financial & legal review | Pod collaboration — Full DD report · Min. 1 reference call per member · Deal-proceed recommendation |
|
7
Online
Commercial & Market Due Diligence Customer interviews · Reference checks · Competitor mapping · Unit economics |
Validate market, customers, and unit economics under stress. | |||
|
8
Online
Financial & Legal Due Diligence Data room · Revenue quality · BIDA & Bangladesh Bank · NRB cross-border |
Legal, financial, and regulatory read for BD and cross-border context. | |||
| Phase 3: Deal execution (Sessions 9–11) | ||||
| Phase 3 |
9
Online
Term Sheets, Negotiation & Deal Structuring ■ Assignment 3 due — Full due-diligence report (pod) |
Founder vs. investor terms, pro-rata, protection, lead vs. follow, syndicates. | Deal execution & portfolio — Term sheets · Governance · Risk management | Portfolio construction — Deal structuring · Governance rights · Syndication |
|
10
Online
Portfolio Construction & Risk Management Sizing · Diversification · Follow-on · BD & SE Asia concentration |
Build position sizing and portfolio-level risk discipline. | |||
|
11
Online
Corporate Governance & Investor Rights Board vs. observer · Information rights · Protective provisions · Post-close |
Board, information rights, and post-close relationships. | |||
| Phase 4: Value creation (Sessions 12–14) | ||||
| Phase 4 |
12
Online
Value Creation & Founder Support Post-investment · NRB network · Strategic intros |
When to help, when to get out of the way. | Value creation & IC prep — NRB network · SE Asia co-investment · IC dry-run (Session 14) | IC prep — IC dry-run with faculty in Session 14 |
|
13
Online
Southeast Asia: Markets & Co-Investment SE Asia landscape · BD/NRB access · Co-investing with funds |
Regional context and co-invest routes. | |||
|
14
Online
Exits, Returns & Building an Investor Brand M&A · Secondaries · IPO options · DPI · IC dry-run with faculty |
Exit paths, returns, and reputation — ties to the live dry-run. | |||
| Phase 5: IC graduation (Session 15) | ||||
| Phase 5 |
15
In person
Investment Committee Pitches & Graduation ■ Assignment 4 — IC pitch & investment memo (capstone) |
Public IC-style presentations and cohort graduation. | Live IC & graduation — BAN partners · NRB panel · Certificate | BAN partners · NRB angel panel · Notable Bangladesh angels |
Bangladesh Angels Network — cohort size 12–15 · Fee BDT 40,000 | USD 420 · 50% BAN membership discount where applicable
