About Capital Angels
BACKGROUND
Formed in 2005, the Capital Angels is a corporation that provides a forum for accredited investors to meet to proactively support Capital Region entrepreneurs through both investment and direct activities supporting the companies.
Capital Angels provides a forum and structure for regular and formal meetings with potential companies and entrepreneurs, facilitating information exchange. The members of Capital Angels make individual investment decisions based on their own individual assessment of the opportunity presented. By the very nature of these investments, they are high risk at best. As an organisation, Capital Angels cannot make and does not make representations as to the suitability of any potential investment nor does Capital Angels as an organisation make investments or investment decisions.
For a much better understanding of the Canberra Angel Network, please visit our very extensive web site at www.capitalangels.com.au
HOW WE WORK
The Capital Angels typically meets for dinner every two months from 5:45pm until approximately 10:00 PM to provide an environment for companies to present in front of potential investors. In these dinner meetings, those members who are interested in the Company, would subsequently engage the presenter and work out an investment . The objective of the Scrub Team is to do an in-depth analysis of the Company, the market, the technology and the investment potential. Reports are prepared and, if appropriate, a term sheet is developed.
Every two months, Capital Angels has a dinner meeting at the Boat House. At these meetings, there is typically an educational speaker. In addition, two Companies will present that have been through the Scrub process, have a term sheet and at least a couple members willing to invest make their pitch for members to invest.
While the organisation does employ staff to provide substantial help in running the day-to-day operations, all of the evaluation and investment work is on a volunteer basis.
As part of your $1,500 annual dues, in the first year you may attend at no charge, the annual Angel Investing Seminar to help bring you up to speed. A copy of last year's program is enclosed.
GETTING TO KNOW YOU
Getting to know you is simple. Go to www.capitalangels.com.au and click "Join Capital Angels" on the left of the first screen. This next screen will provide you with more detailed membership information and at the bottom of the page there is a link to our online "Membership Application".
GETTING TO KNOW US
The easiest and best way to get to know us is to see us in action. As appropriate, we will invite you to attend a Screening Meeting and once you have completed an online application, a monthly dinner meeting. During these sessions, please feel free to join in the action. All opinions, questions and viewpoints are welcome. We will do our best to meet you and introduce you to other members and to make you welcome.
BOARD APPROVAL
The Board of Directors must approve all new members. The Board meets monthly and considers Applications from New Members on a regular basis.
SUMMARY
So, the quick version of how to join us is:
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