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If you are an emerging company with the subsequent great item, occasionally you need 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 people willing to invest in entrepreneurial businesses at an early stage - shelled out more than $18 billion into early-stage firms final year alone, compared to $304 million by venture capitalists. Obtaining an angel investor, even so, is not an effortless job. Safer Smokes Inc. is 1 firm that understands the challenge of attracting the appropriate investors. This development-stage firm is tapping the smoking cessation industry with a exclusive tobacco-free, nicotine-free of charge smoke referred to as Bravo, which has the look of a traditional cigarette and burns like tobacco, but is truly produced from lettuce fibers. "Bravo lets you smoke your way out of the tobacco habit progressively," said Puzant C. Torigian, chief executive officer of Safer Smokes. For firms like Safer Smokes, it could be also soon to strategy large venture capital firms, however time to move beyond networking with loved ones and friends. 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 by way of to the genuine investment chance," stated Torigian. So how do organizations like Safer Smokes attract their angel? Most angel investors prefer firms that are likely to show positive cash flow within their 1st 18 months, so getting these sorts of statistics about your market place can be an incentive.
 * Have a clear-cut target marketplace 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 risk tolerance. Investors want to know the product or service will be special and properly-cultivated. Safer Smokes has a patented solution that firm officials say will "affect the landscape of the health care market." ideangels