TwomeyTimms832

If you are an emerging business with the subsequent wonderful item, often you need to have an angel on your side. A study by the University of New Hampshire's Center for Venture Analysis showed that "angel investors" - high-net-worth people willing to invest in entrepreneurial firms 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. Obtaining an angel investor, nevertheless, is not an straightforward job. Safer Smokes Inc. is one organization that understands the challenge of attracting the right investors. This improvement-stage organization is tapping the smoking cessation market with a distinctive tobacco-free, nicotine-totally free smoke referred to as Bravo, which has the look of a traditional cigarette and burns like tobacco, but is really created from lettuce fibers. "Bravo lets you smoke your way out of the tobacco habit steadily," said Puzant C. Torigian, chief executive officer of Safer Smokes. For businesses like Safer Smokes, it may possibly be also soon to approach significant venture capital firms, yet time to move beyond networking with household and pals. Angel investors to the rescue. "The challenge for raising capital in today's marketplace is in harnessing the courage and vision of the angel to see via to the real investment opportunity," mentioned Torigian. So how do firms like Safer Smokes attract their angel? Most angel investors favor organizations that are most likely to show positive money flow within their very first 18 months, so having these kinds of statistics about your market place can be an incentive.
 * Have a clear-cut target industry for your item or service. For instance, Safer Smokes is targeting the smoking cessation marketplace, which has sales approaching $ten billion per year, up from $6 billion just 3 years ago.
 * Match the company program objectives to the angel's threat tolerance. Investors want to know the product or service will be exclusive and properly-cultivated. Safer Smokes has a patented solution that firm officials say will "impact the landscape of the well being care industry." ideangels