Self assessment.
Before submitting your business plan for our consideration, you must determine if angel capital - and specifically capital from our group - is right for your company.
Online application.
Our business plan application is designed to extract the most important details about your business, so our internal review committee can decide if your company should: a) be invited for an initial screening presentation; b) be referred to one of our partners for help in evolving your business plan; or, c) be turned down as unlikely to receive funding from our members.
The Bay Angels Process
PHASE I - Application
PHASE II - Preliminary Review
A pre-screening committee reviews the Executive Summary. If it is favorable, the applicant is invited to present at the next full Bay Angels monthly meeting. If not, the Executive Summary is returned with comments.
PHASE III - Full Presentation
Applicant presents to the full Angel group. The group is polled, interested members are invited participate in the initial Due Diligence phase.
PHASE IV - Due Diligence
Meeting is set up with Applicant and interested Angels to further investigate possible Angel involvement. If Angels are still interested, we continue with due diligence to conclusion.
PHASE V - Negotiations
Full due diligence checklist submitted. Angel negotiations and investment.
Executive Summary Guidelines
The Executive Summaries should have the following elements in them.
Technology
Market size, need and your solution
Product or Service explained
Competition
Sales and Marketing Strategy
Intellectual Property (what is protected and how)
Management team
Use of Proceeds
Financial overview
Exit Strategy & Current Valuation
A Screening Committee will process the Executive Summaries.
If you have an investor Champion or Sponsor that has first hand knowledge of your business and is a Bay Angels member or observer, be sure to point that out.
Before submitting your business plan for our consideration, you must determine if angel capital - and specifically capital from our group - is right for your company.
Online application.
Our business plan application is designed to extract the most important details about your business, so our internal review committee can decide if your company should: a) be invited for an initial screening presentation; b) be referred to one of our partners for help in evolving your business plan; or, c) be turned down as unlikely to receive funding from our members.
The Bay Angels Process
PHASE I - Application
PHASE II - Preliminary Review
A pre-screening committee reviews the Executive Summary. If it is favorable, the applicant is invited to present at the next full Bay Angels monthly meeting. If not, the Executive Summary is returned with comments.
PHASE III - Full Presentation
Applicant presents to the full Angel group. The group is polled, interested members are invited participate in the initial Due Diligence phase.
PHASE IV - Due Diligence
Meeting is set up with Applicant and interested Angels to further investigate possible Angel involvement. If Angels are still interested, we continue with due diligence to conclusion.
PHASE V - Negotiations
Full due diligence checklist submitted. Angel negotiations and investment.
Executive Summary Guidelines
The Executive Summaries should have the following elements in them.
Technology
Market size, need and your solution
Product or Service explained
Competition
Sales and Marketing Strategy
Intellectual Property (what is protected and how)
Management team
Use of Proceeds
Financial overview
Exit Strategy & Current Valuation
A Screening Committee will process the Executive Summaries.
If you have an investor Champion or Sponsor that has first hand knowledge of your business and is a Bay Angels member or observer, be sure to point that out.
