After reviewing your executive summary, our internal committee will determine if your business could be of interest to iStartup Angels. If you succeed, you will be invited to present to us. Be prepared to deliver a 30-minute investor presentation and answer questions for an additional fifteen minutes.
Presentation to members
Following the screening meeting, you will be invited to present to our key partners. You will have the opportunity to elaborate on your business plan. Prepare to deliver a 30-minute presentation and address questions for an additional 15 minutes.
During due diligence, we will verify the statements made in your business plan, presentation, and financial projections. We will thoroughly research your team’s background and track record. If you play an active role in facilitating this process, it will help to expedite a final investment decision.
Term Sheet Negotiation
After successful completion of the due diligence process, iStartup Angels Group will present a term sheet that defines the structure of the investment deal – including type of equity and board of directors representation, usually using industry standard terms and provisions.
Funding & Beyond
When all parties are satisfied with the terms and language contained in the term sheet, the deal can be executed. But remember, closing the deal is only the beginning of the funding process. Now you have access to a network of value-added contacts and experienced professionals who can provide essential guidance for the growth and success of your venture. Adhering to the responsibilities at this stage will enable you to get the most from our relationship.
If you're a startup in a pre-seed stage and don't have yet the necessary materials, don't worry we can help. Check our "Startup Package