ICNEA 6732—Angel investment

Where 6732 sits

1. J Financial industry
2. 67 Capital market services
3. 673 Non-publicly raised securities investment fund
4. 6732 Angel investment

What 6732 includes

• Includes the following angel investment activities：
• Angel investment activities for entrepreneurs and professional investors
• Angel investment activities of professionals (corporate executives, lawyers, etc.)
• Angel investment activities of the Angel investment team (organization)
• Incubator-style angel investment activities (incubator institutions invest in settled companies)
• Angel investment
• Refers to the venture capital activities carried out by individuals other than the employees of the invested enterprise, their family members and immediate family members with their own funds.

What 6732 excludes

• Venture capital funds, included in 6731 (venture capital funds)

6732 in other systems