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From GunGame5 Documentation

If you're an emerging company with the subsequent excellent item, often you want an angel on your side. A study by the University of New Hampshire's Center for Venture Study showed that "angel investors" - high-net-worth men and women prepared to invest in entrepreneurial firms at an early stage - shelled out a lot more than $18 billion into early-stage companies final year alone, compared to $304 million by venture capitalists. Finding an angel investor, nonetheless, is not an effortless activity. Safer Smokes Inc. is one company that understands the challenge of attracting the appropriate investors. This development-stage firm is tapping the smoking cessation marketplace with a special tobacco-free of charge, nicotine-free smoke named Bravo, which has the appearance of a classic cigarette and burns like tobacco, but is actually produced from lettuce fibers. "Bravo lets you smoke your way out of the tobacco habit progressively," mentioned Puzant C. Torigian, chief executive officer of Safer Smokes. For companies like Safer Smokes, it might be too soon to strategy big venture capital firms, but time to move beyond networking with loved ones and friends. Angel investors to the rescue. "The challenge for raising capital in today's marketplace is in harnessing the courage and vision of the angel to see by means of to the genuine investment opportunity," mentioned Torigian. So how do businesses like Safer Smokes attract their angel?

• Have a clear-cut target market place for your item or service. For example, Safer Smokes is targeting the smoking cessation marketplace, which has sales approaching $ten billion per year, up from $6 billion just 3 years ago.

Most angel investors favor organizations that are likely to show positive cash flow inside their first 18 months, so getting these types of statistics about your marketplace can be an incentive.

• Match the organization strategy objectives to the angel's risk tolerance. Investors want to know the item or service will be unique and properly-cultivated. Safer Smokes has a patented resolution that company officials say will "affect the landscape of the well being care market." idea angels