Angel groups benefit entrepreneurs through exposure to a wider set of potential investors, and a structured process that facilitates a relatively quick and efficient investment decision. Angel investing represents a significantly large and growing portion of early stage capital available to startup companies. We encourage you to read Angel Investing 101 and Considering Valuation if you are new to angel investing.
Is an Angel Investment right for me?
It is important that you understand who we are, how we operate, what we look for in potential investments, and what we expect in return.Angels typically invest between $25,000 and $100,000 per transaction individually, and from $250,000 to $750,000 as a group. They invest in one to four transactions per year. On average, angels are patient, with an average term for holding an investment of eight years. For the risk and added value they provide, angels seek returns of at least ten times their investment.We receive hundreds of business plan submissions each month. Our funding process involves a thorough screening process where approximately three companies per month are selected to present to our members for funding consideration.
What we’re looking for
We evaluate based on management team, market opportunity, growth potential, as well as other factors. To stand out from the rest of the crowd, make sure that you meet our investment criteria and that you are fully prepared with a polished business plan and presentation.
New Entrepreneurs If you are applying for funding from angel investors for the time then you can submit an application or edit your existing application here:https://angelsoft.net/angel-group/wilco-angel-network/apply
Before you apply to WAN we encourage you to take advantage of the many resources to help you prepare to succeed in your company and in seeking funding. These will help you refine your business plan, develop a go-to-market strategy and help prepare you for the kind of questions investors are going to ask.
WAN is part of the Wilco Entrepreneurs Community (WEC). Please visit WEC’s web site at http://www.wectx.org to learn more about the WEC Program Plan and entrepreneurial resources in the Greater Austin Area.
The Application Process
- Deal based in Williamson County Texas or the surrounding counties.
- Pre-money valuation no greater than $10M
- Completed or near-completed product and/or service offering (WAN will invest in “early-stage” startups, seed stage (<$100,000 deals) and debt/sub-debt (loans); contact Director before applying)
Please submit your business plan before the submission dates on the calendar to be considered for the screening Meeting. Submission deadlines for the WAN Screening Meetings are at 12p on the following dates:
January 6, 2011—Submission Deadline
February 24, 2011—Submission Deadline
April 14, 2011—Submission Deadline