There are three phases of work over the coming applications in our organization: Pre-screening Committee, Screening Committee and presentation at the Full Membership Meeting. This way all submitted exec summaries/business plans go through very careful analysis and selection. After the pre-screening made by BAVIN business angels via email every interest marked executive summary is secured by a project manager or a volunteer, who analyze it, put additional questions to the entrepreneur, inquire details.
Then goes the Screening Committee, which involves business angels, experts and volunteers from BAVIN. In case business is deemed of potential interest as an investment opportunity the entrepreneur gets a chance to pitch to the investors face to face at the Full BAVIN Membership Meeting investment event.
Prior to pitching your business, you can undergo some training and preparation where BAVIN project-manager will brief you about what to expect from the event and how top maximise your experience. The objective is to garner a significant level of network's angel investors' interest.
Following your pitch, assuming you were able to raise a sufficient level of angel investor's interest, you will then hold a number of syndicate meetings with interested investors, as well as contact by email and phone with a view to developing a syndicate, drafting your investor term sheet and closing the deal (normally a number of meetings will be held as due diligence is carried out on your business - this can take a number of weeks if not months). Some of the issues investors will consider include your valuation, financials, management team, market potential, competitors, etc.
If your business has the right combination, you may be successful in raising your funds. Congratulations!
Submit Your Executive Summary
Now make the first step to your success! Submit your application: executive summary / business plan by e-mail: This e-mail address is being protected from spambots. You need JavaScript enabled to view it
