JostSauter137

If you're an emerging company with the subsequent fantastic item, sometimes you want 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 prepared to invest in entrepreneurial firms 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. Locating an angel investor, however, is not an straightforward task. Safer Smokes Inc. is one company that understands the challenge of attracting the appropriate investors. This improvement-stage firm is tapping the smoking cessation market with a unique tobacco-free, nicotine-free of charge smoke known as Bravo, which has the look of a standard cigarette and burns like tobacco, but is truly created from lettuce fibers. "Bravo lets you smoke your way out of the tobacco habit progressively," mentioned Puzant C. Torigian, chief executive officer of Safer Smokes. For firms like Safer Smokes, it may possibly be also soon to approach huge venture capital firms, but 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 through to the real investment chance," stated Torigian. So how do businesses like Safer Smokes attract their angel? Most angel investors favor companies that are likely to show positive cash flow within their 1st 18 months, so getting these kinds of statistics about your market can be an incentive.
 * Have a clear-cut target market for your product or service. For example, Safer Smokes is targeting the smoking cessation market place, which has sales approaching $ten billion per year, up from $6 billion just three years ago.
 * Match the enterprise plan objectives to the angel's threat tolerance. Investors want to know the product or service will be unique and nicely-cultivated. Safer Smokes has a patented resolution that company officials say will "have an effect on the landscape of the well being care business." idea angels