JaneenChapa953

If you're an emerging business with the next wonderful item, sometimes you require an angel on your side. A study by the University of New Hampshire's Center for Venture Study showed that "angel investors" - high-net-worth men and women prepared to invest in entrepreneurial companies at an early stage - shelled out far more than $18 billion into early-stage organizations last year alone, compared to $304 million by venture capitalists. Obtaining an angel investor, nevertheless, is not an simple task. Safer Smokes Inc. is 1 firm that understands the challenge of attracting the appropriate investors. This development-stage organization is tapping the smoking cessation market place with a distinctive tobacco-totally free, nicotine-free smoke known as Bravo, which has the look of a conventional cigarette and burns like tobacco, but is really produced from lettuce fibers. "Bravo lets you smoke your way out of the tobacco habit gradually," stated Puzant C. Torigian, chief executive officer of Safer Smokes. For companies like Safer Smokes, it may be too soon to method significant venture capital firms, however time to move beyond networking with loved ones and pals. Angel investors to the rescue. "The challenge for raising capital in today's industry is in harnessing the courage and vision of the angel to see by means of to the actual investment chance," said 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 first 18 months, so having these kinds of statistics about your industry can be an incentive.
 * Have a clear-cut target market for your product or service. For instance, Safer Smokes is targeting the smoking cessation market place, which has sales approaching $10 billion per year, up from $6 billion just three years ago.
 * Match the company strategy objectives to the angel's danger tolerance. Investors want to know the item or service will be distinctive and well-cultivated. Safer Smokes has a patented remedy that company officials say will "influence the landscape of the well being care business." ideangels