For Companies
WHAT IS AN "ANGEL" INVESTOR?
"Angels" is a term used for wealthy individuals who provide financial backing for very early-stage companies or business ideas. Angels make direct, personal investments in start-up companies usually for an equity position in the company. Angels come from many backgrounds, but most often they are corporate executives, entrepreneurs, venture capitalists or have family wealth. Angels often bring more than just money to an investment deal. Often they have industry or business experience and can provide added value to the company through this experience.
Typically, the Bellingham Angels will invest between $25,000 and $250,000 to help companies grow to the next stage. To help ensure the success of our investments - and support the local entrepreneurial environment - we actively work with the entrepreneurs in whom we invest.
WHAT SHOULD I DO BEFORE SUBMITTING MY APPLICATION?
It is important that applicants understand how we operate, what we look for in potential investments, and what we expect in return.
It is critical that entrepreneurs study our Investment Criteria click here before submitting an application. The Bellingham Angels do NOT make exceptions to these criteria. Do not waste your time completing the application if you do not meet our criteria.
The Bellingham Angels, and this website, make it easier for you to access a number of possible investors. Instead of trying to identify and contact investors one-by-one, all you have to do is fill out a single form that all our members can access. Based on the information you provide, we may ask you for additional information and possibly invite you to make a presentation to the Screening Committee prior to a decision to invite you to present at a general membership meeting. In certain cases we may provide you with feedback that may help you approach other potential partners. To access the form, please CLICK HERE.
WHEN DO YOU NEED TO APPLY?
The Bellingham Angels will meet SIX times in 2008: February, April, June, August, October and December. Applications are reviewed in the order received and the screening process usually takes about three to four weeks.
WHAT TO EXPECT AFTER YOU HAVE SUBMITTED YOUR APPLICATION.
The Screening Committee reviews all applications and selects two to four companies that meet the investment criteria to present at each meeting. The selected companies will receive a formal invitation to present to the Bellingham Angels members. All other applicants will be notified with the Screening Committee's decision.
Legal Disclaimer
The Bellingham Angel Group LLC, (herinafter referred to as the Bellingham Angels) provides a forum for the matching of entrepreneurs of early stage technology companies with investors who are committed to funding high-risk opportunities. The Bellingham Angels do not endorse any of these investment opportunities and makes no recommendations regarding the appropriateness of particular investment opportunities for any investor. The Bellingham Angels make no independent investigations to verify the factual information submitted to potential investors and the Bellingham Angels make no representations or warranties with respect to the information provided by applicant entrepreneurs. As a result, potential investors must conduct their own investigation of the merits and risks of each investment opportunity, and negotiate the terms of their investment. All investors are strongly encouraged to seek legal and other professional counsel prior to making such investments.
Membership in the Bellingham Angels does not constitute an offer by the Bellingham Angels to sell or the solicitation by the Bellingham Angels of an offer to buy any investment interest in the business ventures of applicant entrepreneurs. Any sale or purchase of an investment interest shall be a private transaction between the entrepreneur and the investor members without any participation by or remuneration to the Bellingham Angels. The Bellingham Angels have no financial interest in any firm posted on the Bellingham Angels web site or presented to the membership. Bellingham Angels meetings do not constitute an offer by the Bellingham Angels to sell or solicitation by the Bellingham Angels of an offer to buy any securities of any presenter company. The Bellingham Angels do not function as a broker-dealer or investment advisor and is not registered as such with any federal or state securities regulator.
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