Criteria for angel investments
Criteria
GAN investors will have a regional focus on investment opportunities, and will also make investments in start-ups from outside the area where these opportunities are sufficiently compelling.
Investment criteria we evaluate will include:
- Management team – industry & entrepreneurial experience, CEO leadership; track record of performance; coachable
- Use of Proceeds – funds are used to meet determinable milestones that increase enterprise value
- Disruptive technologies (quantum leap vs. incremental improvement), value-added proposition
- Long term (sustainable) competitive advantage, fundamental understanding of competitive landscape
- Business model, sources of revenue
- Size/ growth rate of addressable market, well defined go-to-market strategy, multi-product/ multi-market opportunity
- Relatively low capital investment
- Beta-stage or more advanced company: existing customers, revenues (or path to revenues) and cash break-even (or path to cash break-even)
- Milestones to next financing requirement
- Exit potential – 5x in 3 years or 10x in 5 years
Sectors of interest:
Besides having a regional focus, GAN investors will predominantly have an interest in investing in the following sectors:
- Light/advanced manufacturing
- Sustainable development technologies
- Medical technologies, products and services
- Information and Communication Technologies
If your business doesn’t fit within one of these 4 sectors, but does meet the “Checklist” requirements in the preceding tab and the evaluation criteria recited above, we will consider other high-quality investment proposals and evaluate their fit with GAN members’ preferences.
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