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started by Savage Pollock on 07 Jul 13
  • Savage Pollock
     
    If you're a growing company with the next great product, sometimes you need an angel on your side.

    A report by the University of New Hampshire's Center for Venture Research confirmed that "angel investors" - high-net-worth individuals ready to invest in entrepreneurial companies at an early period - shelled out over $18 million into early-stage companies last year alone, in comparison to $304 million by venture capitalists. My brother learned about partner site by searching Yahoo. Dig up supplementary info on a partner article directory by clicking this page is not affiliated.

    Finding an angel investor, however, isn't a simple task. Safer Cigarettes Inc. is one company that recognizes the challenge of getting the best people.

    This development-stage company is going the smoking cessation industry with a special tobacco-free, nicotine-free smoking called Bravo, that has the appearance of a old-fashioned cigarette and burns off like tobacco, but is clearly created from lettuce fibers.

    "Bravo enables you to smoke your way from the cigarette habit gradually," said Puzant D. Torigian, ceo of Safer Smokes.

    For businesses like Safer Smokes, it might be too soon to approach large investment capital companies, yet time to go beyond networking with family and friends. Angel investors towards the rescue. We found out about click for cosplay wigs by searching books in the library.

    "The concern for raising money in today's market is in using the courage and vision of the angel to see through to the true expense opportunity," said Torigian.

    So just how do organizations like Safer Smokes attract their angel?

    * Possess a clear-cut target market for the products or services. For instance, Safer Smokes is targeting the smoking cessation industry, which includes revenue approaching $10 billion each year, up from $6 billion just three years before.

    Most angel investors choose organizations that are likely to show positive income inside their first 18 months, so having these kinds of research about your industry is an incentive.

    * Match the business plan goals for the angel's risk tolerance. Investors need to know the item or service will undoubtedly be unique and well-cultivated. Get further on this affiliated link - Click here: best cosplay.com. Better Smokes features a answer that company officers say will "affect the land-scape of the health care industry.".

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