investment consultant, business marketing plan, pharmaceutical consulting services
investment consultant, business marketing plan, pharmaceutical consulting services

WELCOME TO SOLUTECH

investment consultant, business marketing plan, pharmaceutical consulting services
investment consultant, business marketing plan, pharmaceutical consulting services
investment consultant, business marketing plan, pharmaceutical consulting services
investment consultant, business marketing plan, pharmaceutical consulting services
investment consultant, business marketing plan, pharmaceutical consulting services
investment consultant, business marketing plan, pharmaceutical consulting services

How To Find The Right Angel Investors For Your Startup Business​

Angel investors (not venture capital firms) are the most likely candidates to get your businesses from  a piece  of  paper  to  a  proof-of-concept.  These  angel  investors  typically  come  in four distinct groups:

 

Friends and Family

Friends  and  family  investors  have  their  distinct  plusses  and  minuses.  The  plusses  are  these people know you the best, so they are the closest to you in determining whether or not you are backable,  as  first  hand  references.  The  minuses  are  pretty  major:  these  are  your  friends  and family!  It  is  very  difficult  to  mix  personal  and  professional  relationships.  If  you  decide  to ultimately  go  down  this  road,  make  sure  your  friends  and  family  know  this  investment  is HIGHLY risky,  and they should not invest the funds  unless they  are prepared  to lose 100% of their investment (e.g., like money they would gamble in a casino).

 

Individual Angel Investors

As  for  finding  angel  investors  directly,  this  is  the  hardest  route,  by  far.  First,  because  they prefer  to  stay  anonymous.  And,  second,  because  they  don't  know  you  at  all.  Sometimes  rich individuals  have  built  formal  family  investment  offices,  with  professional  managers  screening deals  for  them.  But,  they  prefer  to  invest  $5MM+  in  more  typical  venture  investments,  not $500K  for  a  startup.  Preferably,  you  need  to  find  an  individual  that  understands  your  industry and business model and can bring real value to the table. If they have first hand experience in your space, and they think they can help you accelerate your efforts, it is easier for them to get over  the  investment  hurdle.  So,  identify  those  individuals,  and  try  to  figure  out  someone  they know, who can credibly make an introduction for you.

 

Venture  capital  firms  are  also  aware  of  key  angels  in  their  market,  so  reach  out  to  them  for guidance.  Angel  List  is  a  particularly  good  resource  that  makes  finding  angels  for  your region/industry  easier  than  ever,  so  check  them out  as  a  good  place  to  start.  But,  again,  look for  credible  relationships  to  help  open  the  door  for  you,  preferably  to  investor  is  your  home market (as most angels tend to bias local investments).

 

Angel Investor Networks

Like  the  family  offices,  investors  set  aside  funds  for  angel  investments,  screened  by  a professional team that sources deals for the network. So, the individual angel gets to keep their anonymity  and  have  the  comfort  of  a  team  of  smart  managers  doing  due  diligence  on investment  targets,  on  their  behalf.  Instead  of  one  angel  investing  $1MM  by  themselves,  100 angels aggregate $100MM and invest  as a group in the deals they like the best, individually or collectively. And, on the flipside, it is much easier for you to raise your full amount needed, with one phone call, instead of calling the numerous investors individually. 

 

SOLUTECH  is  a  full-service  consulting  firm  that  specializes  in  the  healthcare  and  medical industry. We provide sensible and cost-effective solutions for regulatory, manufacturing, market research,  acquisition  and  investment  issues,  to  help  you  compete  successfully  against indigenous companies and other multinationals.