Frequently Asked Questions
1.
Mike: We are an internet advertising company in the launch stage (we have revenue but need capital to expand in order to become profitable). We completed your online matching survey and found that 99 investors would be interested in our opportunity. We are based in Calgary. Are we excluded from using your service on the basis of our location? Regards, Kenneth Dove LostPetsAPB.com
2.
I am an entrepreneur in northern BC. Having been having some extreme challenges but have a product, have built some broad brand recognition and a market. We are running out of funds, and have already gone the love money route. Am currenlty trying the VCC route but the funds will possibly come fast enough. Definitely need specific advice and someone to help me find someone that can help. We have come so far and we are only a couple of months away from profitability with a strong upside. I don't know anyone in Vancouver that could possibly help - can you help me?
3.
Mr Volker; I have two questions for you and hope that you may be able to answer one if not both. I am working on an idea at the moment, but have been perplexed at two things. The first is obvious, and is that of funding. I have read hundreds of articles, columns, and books about the benefits of VCs and Angels. Like most people holding on to an idea/dream I am hesitant at approaching VCs and giving 40-70% of the idea and/or business over to them in the form of equity in return for funding to merely get the idea off the ground. What benefits do Angels play in terms of raising capital of any sort? The VEF seems to be High Tech based, so where does someone in BC looking at redefining the ecommerce/financial services marketplace find Angels that are willing to work with entrepreneurs? Given that is not a simple question or one that can even be answered, what would be the best way in getting my idea out in to the open in the hopes of someone(s) being interested in a financial services idea? My second question revolves around Angels themselves. There is a wealth of information about VCs but little about Angels. My misunderstanding in regards to the role of Angels is somewhat limited in the fact that I do not understand if Angels are generally looking for a quick way to make a buck or if they are looking to provide money and want to be in it for the long run. Do most Angels look for the “quick buck” or are they looking for a major stake in a company? If you might be able to help in my understanding of the role Angels play and what avenues are available in exposing my idea to Angels would be of great help. You have a great idea with the Angel Capital Network and I hope that you might be able to help or point me in the direction where I might be able to get some further assistance. Respectfully, Chris Reid
4.
Hello Mike, Thank you for your covering article. I am an engineer, completing an MBA. As part of my MBA, I will be completing a consulting project. I am seeking an early stage company that would benefit from the development of a business or financing plan, which I plan to develop as my consulting project. Are you able to suggest either companies, individuals or a forum, in which I may be able to seek out such a company? Alex
5.
Mike; I found your organization through the Silicon Valley North publication. The company in which I am a shareholder is in receivership, in spite of having a good product, no debt, a good story, and a large potentially lucrative client (H.E. Butts grocery chain in Austin Texas.)in which they have already Here's my question: Can you lend me $5 million US so I can buy the debentures and move the company into positive cash-flow? Kevin Hall (COO, CFO) has been looking for financing forever, and had to shut the company down for lack of funds. They are so close! The website is http://www.wowmedia.com Thanks.
6.
I am interested in getting together with somebody and exploring the general parameter of angel funding. We presently have a new spin off company with a new technology for the treatment and retardation of progressive myopia. We are looking at a variety of funding options, including angel funding at this early stage, and would like to discuss details on angel funding.
7.
How to connect within the Venture Capital to groups or individuals interested in becoming involved in the following projects... We have 2 projects that we are entering into discussions with venture capital groups in order to take them to launch and early operational phase. Project #1 is a unique Internet interactive site that has ultra-conservative gross pre-tax revenue projections in the first year of >$11.4 Million US / year #2 of >$30.0 Million US / and year #3 of >$37.0 Million US. Our exhaustive industry research suggests that industry data will substantiate pre-tax gross revenues in excess of $100 Million US in the second year of operation. We are looking for $1.5 Million US to compliment the $1.2 Million we have personally contributed to the project to date to take this project to launch and cover initial operational costs. We have an in-depth business plan as well as a management team in place to direct the success of the project. Project #2 is more in its infancy from a business plan standpoint however the technology is established. We have a generator that is 20% more efficient than any existing generator and will be 20 -30% less costly to produce. It is ideally suited for projects such wind turbine and small hydroelectric projects. We already have an expression of interest from a group including Yorkton Securities but wish to explore all opportunities prior to committing to a direction. Your input greatly appreciated. Best Regards Jim Davis
8.
I have been fumbling with a concept and idea for that past year and really want to go live with it however it requires two things. 1. My ability to leave my full time job to manage this project 2. Money, to complete site design, cover my cost of living so I can committ to this full time Can you offer me advice on how I might raise capital through angel investors, govt grants, seed capital etc. I am very motivated and know that I can be successful all I need is someone (or firm) to take a chance on my concept. Any suggestions please.... Thank you James Peter
9.
I am looking for US $6.56M to market our Patented CipherKey Exchange Technology. Who really provide seed capital?
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R&D Funding
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Angel Financing
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Venture Capital
" Debt Financing
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Subordinated Debt
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Going Public
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