EleonoraNies909

If you're an emerging company with the subsequent fantastic product, occasionally you need an angel on your side. A study by the University of New Hampshire's Center for Venture Investigation showed that "angel investors" - high-net-worth folks willing to invest in entrepreneurial organizations at an early stage - shelled out a lot more than $18 billion into early-stage firms final year alone, compared to $304 million by venture capitalists. Obtaining an angel investor, even so, is not an simple task. Safer Smokes Inc. is 1 business that understands the challenge of attracting the proper investors. This improvement-stage business is tapping the smoking cessation market place with a distinctive tobacco-cost-free, nicotine-cost-free smoke referred to as Bravo, which has the look of a traditional cigarette and burns like tobacco, but is truly produced from lettuce fibers. "Bravo lets you smoke your way out of the tobacco habit gradually," mentioned Puzant C. Torigian, chief executive officer of Safer Smokes. For firms like Safer Smokes, it might be also soon to strategy large venture capital firms, but time to move beyond networking with household and close friends. Angel investors to the rescue. "The challenge for raising capital in today's market is in harnessing the courage and vision of the angel to see by means of to the actual investment opportunity," said Torigian. So how do companies like Safer Smokes attract their angel? Most angel investors prefer firms that are most likely to show positive cash flow within their 1st 18 months, so getting these sorts of statistics about your market can be an incentive.
 * Have a clear-cut target market for your product or service. For instance, Safer Smokes is targeting the smoking cessation industry, which has sales approaching $ten billion per year, up from $6 billion just 3 years ago.
 * Match the organization plan objectives to the angel's danger tolerance. Investors want to know the item or service will be exclusive and well-cultivated. Safer Smokes has a patented answer that firm officials say will "have an effect on the landscape of the wellness care industry." idea angels