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If you are an emerging firm with the subsequent great item, occasionally you need an angel on your side. A study by the University of New Hampshires Center for Venture Research showed that "angel investors" - high-net-worth folks prepared to invest in entrepreneurial companies at an early stage - shelled out more than 18 billion into early-stage organizations final year alone, compared to 304 million by venture capitalists. Obtaining an angel investor, however, is not an simple job. Learn more on a partner portfolio - Click here view site. Safer Smokes Inc. is 1 firm that understands the challenge of attracting the appropriate investors. This improvement-stage organization is tapping the smoking cessation industry with a exclusive tobacco-free, nicotine-free smoke named Bravo, which has the look of a classic cigarette and burns like tobacco, but is actually produced from lettuce fibers. "Bravo lets you smoke your way out of the tobacco habit gradually," mentioned Puzant C. Identify additional info on our affiliated portfolio - Click here Angel Investors Bring Big Ideas… | charl83pale23. Torigian, chief executive officer of Safer Smokes. For businesses like Safer Smokes, it might be too soon to strategy large venture capital firms, yet time to move beyond networking with family members and close friends. Be taught more on this related article by clicking close remove frame. Angel investors to the rescue. "The challenge for raising capital in todays marketplace is in harnessing the courage and vision of the angel to see by means of to the genuine investment chance," said Torigian. So how do companies like Safer Smokes attract their angel.* Have a clear-cut target industry for your product or service. For example, Safer Smokes is targeting the smoking cessation market, which has sales approaching ten billion per year, up from 6 billion just 3 years ago. Most angel investors favor companies that are likely to show positive cash flow within their 1st 18 months, so having these sorts of statistics about your market place can be an incentive. * Match the business plan objectives to the angels risk tolerance. If you want to get more on visit link, there are many databases you might consider pursuing. Investors want to know the item or service will be distinctive and properly-cultivated. Safer Smokes has a patented solution that firm officials say will "impact the landscape of the health care industry.".