Description:YEAST is an organization comprised of approximately thirty business angels who are passionate about supporting projects in the early stages of development, with a particular focus on the Grand Est region of France and Luxembourg. Established in late 2013 in Lorraine by a group of successful local entrepreneurs, YEAST was created with the intention of fostering continued investment and engagement in the local startup ecosystem. By uniting their efforts, these entrepreneurs aim to leverage their collective expertise and resources to enhance their impact on emerging businesses.
While each member of YEAST retains autonomy over their individual investment decisions, they actively contribute their knowledge and time to benefit the group as a whole. The organization consciously promotes a culture of benevolence towards entrepreneurs, whether they receive funding from YEAST members or not. On average, the business angels associated with YEAST invest in six startups each year, underscoring their commitment to nurturing and advancing innovative ventures.
YEAST holds membership in France Angels and Est Angels, aligning itself with established networks to further its mission. Its members are dedicated to adhering to the Charter of Networks and the Code of Ethics set forth by France Angels, as well as the Internal Regulations of YEAST. This adherence reflects their commitment to professionalism and ethical standards in the venture capital and private equity landscape.