Separation of Lanthanides/ Lanthanides and Actinides
Angel Investment - Enterprise Angels.
1. Enterprise Angels Successful Product Development Workshop 25thMay 2011
2. What is Angel Investment Seed/Angels Founder/ Family/ Friends Venture Capital Private Equity Extreme risk Conceptual Small scale Emotional Independent/single deals High risk Established Larger scale Professional Pooled/portfolio Private Equity Continuum
5. Enterprise AngelsContact Us Who is an Angel? “Eligible Person” Experienced in business and early stage investing Adds more than money Will make multiple early stage investments with other Angels
6. Enterprise AngelsContact Us What’s an Angel Deal? Shares - does not want 50%+ of your business! Stage – just pre revenue Valuation - $500K to $1M Involvement – generally Board level Deal killers – uncoachable, unrealistic, unprepared
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8. Enterprise AngelsContact Us How It Works Apply – supplying business plan, financial projections Screened If need further assistance referred to professional advisors Prepare 15 minute pitch for EA member meeting 6% success fee charged on funds raised
9. Enterprise AngelsContact Us What Investors Are Looking For The People CEO/Team 25% Market need Painkiller or vitamin? 15% Product Well designed – compelling 10% Sustainable advantage Barriers/first mover/strategic partners 15% Valuation Reasonable for stage 20% Recognition as a key supporter
Many of these are associated with / owned by Universities that provide substantial funding / supportOur model is favoured by Bill Payne – commercial, driven by Angels themselvesSee many qualified investment opportunitiesRisk mitigationUse a consistent, robust processWant to learnWant to make a difference
Not for Profit Incorporated SocietyScreening committee32 Members include: Neil Craig, Alan Bougen, Dave McFarlane, Bill Capamagian, Craig Greenlees, Des Ferrow, Rob & Grant Jeffrey
Business Plan or Information Memorandum that clearly communicates the investment opportunity, the product, market and business. In other words, how you will make money. Do you have full (Profit & Loss, Balance Sheet and Cashflow) financial statement projections (minimum 3 years) that are consistent with the Business Plan / Information Memorandum. Is your investment statement clear i.e. % of shares offered for $X. Have you valued the company. What valuation approach have you used and is that included in your documentation.
