Business Angels ve financování startupů v České republice

The aim of this thesis is to provide a comprehensive analysis of the role and characteristics of business angels (BAs) in the Czech Republic's startup ecosystem, compare its informal venture capital market to those in Central Europe and more developed markets, and propose potential measures to enhance the attractiveness of the Czech Republic to angel investors. The thesis contributes a literature review on the topic, as well as a thorough analysis of the Czech angel ecosystem along with qualitative research in the form of semi-structured interviews with six expert respondents. The study found that business angels play an important role in the financing of Czech startups, particularly in case of innovative tech ventures, and identified key characteristics of an ecosystem that promotes innovation and supports the growth of startups. The thesis also proposed several key objectives that must be addressed to further develop both the Czech angel investing ecosystem and the startup ecosystem as a whole, including systematic data collection, incentivizing investments through tax benefits and policies, investing in education and strengthening government support, establishing cofunds, and leveraging success stories.