Arne-G. Hostrup has been a managing director at netzwerk nordbayern since January 2003. His main remits are fiscal planning and private equity finance of high-growth companies by business angels and venture capital. Over the last ten years, netzwerk nordbayern has matched €130 million in venture capital to start-ups. He has gained professional experience in several positions: as commercial leader of a German medium-sized company, in the franchise operations of an international fast-food company, as project leader of the Northern Bavarian Business Plan Competition, and as finance director involved in building a start-up in the media area. As a member of the board of the European Business Angel Network (EBAN) he has committed himself to the establishment of the business angel culture in Europe.