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In March 2018, I was appointed a High Commissioner of the international World Business Angels Investment Forum (WBAF). This also means that the Czech Republic has obtained a position in this forum and thus access to the largest group of Business Angels in the world.

It is a huge honor for me, and for Czech start-ups it means more great opportunities to penetrate the global market. But that’s not all: the WBAF doesn’t only focus on start-ups; through financial and business support, it can also help existing small and medium-sized enterprises that are looking for new global-development strategies.

My primary task in my new role will be especially to present the Czech Republic as a great place for business, investment and international projects in the area of artificial intelligence. A lot of work, which I’m very much looking forward to, is connected with it.

It’s not an honorary function but represents the real involvement of prospective Czech and European projects in a large international network with support from powerful partners all over the world.

Regards, Petr

The World Business Angels Investment Forum (WBAF) is a partner of the GPFI initiative*. Its mission is to generate new jobs and greater social justice worldwide. It actively collaborates on empowering global economic development by creating innovative financial tools and educational programs for start-ups and small and medium-sized enterprises. It strives to give companies easier access to financial means for their development. It co-operates with a host of world leaders and entities in the areas of commerce, politics, science, research and education, which can have a fundamental impact on societal changes on a global scale.

The individual countries participating in the WBAF are represented by 48 high commissioners. WBAF members include the French Riviera, Bahrain, Bangladesh, the Czech Republic, China, Brazil, Bulgaria, Ghana, Hong Kong, Croatia, India, Iceland, Iran, Jordan, Cameroon, Kazakhstan, Kenya, Kosovo, Morocco, Macedonia, Montenegro, Nigeria, Pakistan, Palestine, Saudi Arabia, Greece, Singapore, Slovenia, Serbia, Sudan, Spain, Tanzania, Tunisia, Turkey, Ukraine, the United States, Great Britain, and Zimbabwe.

* The GPFI (G20 Global Partnership for Financial Inclusion) is a platform for existing and future G20 member states. Its objective is to help prepare and implement an action plan for the gradual financial integration approved at the G20 summit in Seoul.

Detailed information (in English) is available at

You can also have a look at the latest brochure (this entry’s photo is the front page of the brochure that will be published in April 2018 in which we will be presenting the Czech Republic).