Georgian Angel Network Investment Program
no fixed amount
Investment
Description:
Georgian Angel Network (GAN) connects angel investors in the Barrie, Innisfil, South Georgian Bay, Collingwood
Comments on Funding:
To secure investments, eligible applicants will present their business plans and financial projections to Guardian Angel Network investors.
Eligibility:
Applicants must:
1. be entrepreneurs needing equity capital to commercialize their innovations;
2. be early stage, high-growth companies that require venture equity capital to maximize the commercialization of their innovations;
3. be located in the extended Georgian Bay Triangle regional area, including: Innisfil, Owen Sound, Collingwood, Orangeville, Midland, Barrie, Orillia, Parry Sound and Huntsville.
Application Steps:
1. The applicant must submit his application via Dealum, the online platform utilized by angel groups to receive and review investment opportunities.
2. After reviewing the applicant’s business plan, the selection committee will determine if his idea could be of interest to GAN members. 3. Following the screening process, the applicant may be invited as one of two companies selected to present to our full membership at a future investment meeting. At the meeting, he has 20 minutes to make his presentation, and he will address questions from the audience for an additional 20 minutes. The investors will score his presentation using an application called PitchScore.
4. During due diligence, interested investors will verify the information contained in his presentation, and in his detailed business plan and financial projections. The due diligence team will thoroughly research all relevant aspects of the applicant’s company. The applicant will be required to actively facilitate this process, and provide access to management and/or outside parties to expedite a final investment decision.
Documentation Needed:
Applicants must submit their business plan and financial projections.
Other Things to Note:
The initial application to GAN, to successfully closing financing, can take 2 to 4 months.
About the author
Maurice
