ClaudinaMartin623

If you are an emerging firm with the subsequent excellent item, at times you need to have 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 individuals willing to invest in entrepreneurial companies at an early stage - shelled out far more than $18 billion into early-stage companies last year alone, compared to $304 million by venture capitalists. Locating an angel investor, nonetheless, is not an straightforward job. Safer Smokes Inc. is one business that understands the challenge of attracting the correct investors. This development-stage business is tapping the smoking cessation marketplace with a distinctive tobacco-free, nicotine-cost-free smoke named Bravo, which has the look of a traditional cigarette and burns like tobacco, but is really produced from lettuce fibers. "Bravo lets you smoke your way out of the tobacco habit gradually," said Puzant C. Torigian, chief executive officer of Safer Smokes. For businesses like Safer Smokes, it could be too soon to method significant venture capital firms, however time to move beyond networking with family members and buddies. 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 via to the actual investment opportunity," stated Torigian. So how do businesses like Safer Smokes attract their angel? Most angel investors prefer businesses that are likely to show positive cash flow inside their initial 18 months, so getting these kinds of statistics about your marketplace can be an incentive.
 * Have a clear-cut target industry for your item or service. For instance, 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 business program objectives to the angel's threat tolerance. Investors want to know the item or service will be unique and nicely-cultivated. Safer Smokes has a patented solution that business officials say will "affect the landscape of the well being care industry." ideangels