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Angel Investors Funding Application Criteria (for business located in US or Canada) |
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Angel Investors Funding Application Criteria (for business located in US or Canada) |
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By Venture Planning Associates. Used by permission.
The following guidelines will help you understand the type, size and characteristics of companies that we seek at this time.
Please bear in mind that, the closer your company matches these criteria, the more likely it will be that you will be contacted for a meeting and that our partners will want to assist your company.
The founder and management must be teachable and open to mentoring.
The founders and management team must have a contagious excitement about their vision!
The founders and management team should have put hard dollars (not just sweat equity) into this company. This demonstrates a substantial commitment by the founders and impresses those who might help your company.
The company's Executive Summary should be less than three (3) pages. Most importantly, it must be a "Grabber" that clearly conveys your idea and opportunity in a way that excites the reader and compels them to find out more.
The company should have proprietary intellectual property that can be (or is) protected under United States and international patent laws.
The founders and management team should have established some key associations that give them credibility in the field (industry) they are competing in (which may include, impressive board members, advisors, customers, strategic partners, etc.).
The current, agreed to, valuation should not exceed $5 million, if angel financing is sought. If your company is large enough (including revenues and profits) and advanced enough to seek institutional venture capital funding immediately, then this requirement is flexible.
The capital investment sought should be at least $250,000 and up to $2,000,000.
The market size for your venture should be at least $1 billion and your company's potential revenues should exceed $200 million within 5 years.
The founders and management team must be ready and willing to give up stock to in exchange for the value and assistance that Venture Planning Associates and its partners can bring.
The company should be in the United States or Canada
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Regions |
Regional Business Angel Associations & Match-makers |
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United States & Canada |
The National Venture Capital Association (NVCA) publishes a listing of business angel clubs. |
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Angel Capital Electronic Network (ACE-Net) - a nationwide Internet-based listing service that provides information to angel investors on small, dynamic, growing businesses seeking $250,000 to $5 million in equity financing |
