BevisDonahoe994

If you are an emerging firm with the next great product, often you want 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 people willing to invest in entrepreneurial businesses at an early stage - shelled out much more than $18 billion into early-stage companies final year alone, compared to $304 million by venture capitalists. Discovering an angel investor, nonetheless, is not an effortless activity. Safer Smokes Inc. is 1 business that understands the challenge of attracting the correct investors. This improvement-stage company is tapping the smoking cessation market with a exclusive tobacco-cost-free, nicotine-cost-free smoke known as Bravo, which has the look of a traditional cigarette and burns like tobacco, but is in fact made from lettuce fibers. "Bravo lets you smoke your way out of the tobacco habit progressively," stated Puzant C. Torigian, chief executive officer of Safer Smokes. For companies like Safer Smokes, it might be too soon to method large venture capital firms, yet time to move beyond networking with family and pals. Angel investors to the rescue. "The challenge for raising capital in today's market place is in harnessing the courage and vision of the angel to see by means of to the actual investment chance," mentioned Torigian. So how do companies like Safer Smokes attract their angel? Most angel investors prefer companies that are most likely to show positive cash flow within their initial 18 months, so getting these kinds of statistics about your marketplace can be an incentive.
 * Have a clear-cut target marketplace for your item or service. For example, Safer Smokes is targeting the smoking cessation market place, which has sales approaching $ten billion per year, up from $6 billion just 3 years ago.
 * Match the company strategy objectives to the angel's danger tolerance. Investors want to know the item or service will be special and properly-cultivated. Safer Smokes has a patented resolution that business officials say will "affect the landscape of the wellness care business." setting up a business