Entrepreneurs
What South Coast is Looking For?
South Coast prefers to be the first institutional investor in seed to early stage ventures seeking value added capital to achieve an acquisition, licensing, or public offering exit within five years.
Promising companies that meet the following criteria are more likely to be of interest to South Coast Angels. South Coast is interested in applicant companies that:
- Are headquartered within a three hour drive of New Orleans
- Are in a technology sector
- Are seeking investment of $1 million or less from South Coast
- Can match at least 50% of requested funding (from principals or other previous/current investors)
- Are seeking to close their first round of investment with a professional group
- Have a personal referral from a member of South Coast Angels or another angel group
Only companies that meet four or more of the criteria listed above, should spend the time to apply for funding through South Coast.
Getting Prepared
Applicants are encouraged to attend the Investor Ready Entrepreneur seminar prior to business plan submission and should be prepared to accurately and concisely explain the value proposition, market analysis, management strengths, exit strategy, and funding requirements for their company.
