WoodsideIde991

If you're an emerging organization with the next great item, at times you need to have 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 folks willing to invest in entrepreneurial companies at an early stage - shelled out a lot 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 effortless activity. Safer Smokes Inc. is 1 company that understands the challenge of attracting the correct investors. This development-stage firm is tapping the smoking cessation market with a exclusive tobacco-free of charge, nicotine-cost-free smoke known as Bravo, which has the look of a traditional cigarette and burns like tobacco, but is in fact created from lettuce fibers. "Bravo lets you smoke your way out of the tobacco habit steadily," stated Puzant C. Torigian, chief executive officer of Safer Smokes. For companies like Safer Smokes, it may be also soon to approach big venture capital firms, but time to move beyond networking with family and friends. Angel investors to the rescue. "The challenge for raising capital in today's market place is in harnessing the courage and vision of the angel to see through to the genuine investment opportunity," mentioned Torigian. So how do businesses like Safer Smokes attract their angel? Most angel investors favor companies that are most likely to show positive money flow within their very first 18 months, so getting these sorts of statistics about your marketplace can be an incentive.
 * Have a clear-cut target market for your product or service. For instance, Safer Smokes is targeting the smoking cessation industry, which has sales approaching $10 billion per year, up from $6 billion just 3 years ago.
 * Match the organization strategy objectives to the angel's danger tolerance. Investors want to know the item or service will be special and properly-cultivated. Safer Smokes has a patented remedy that firm officials say will "have an effect on the landscape of the well being care sector." idea angels com