Message for Entrepreneurs
We want to learn about your company! Before sending your application to us, please carefully read and understand the information below, as it will save both of us a great deal of time.
Industry Preference
We invest across all industries and business types. Because our members make their own investment decisions, we don’t exclude any types of business from applying, nor do our members invest only in “tech” businesses. However, we’ve found that innovative businesses with the ability to scale typically draw more investment interest than others. And for companies qualifying for Equity Investment Tax Credits issued by the State of Arkansas, such credits provide meaningful economic incentives to our members for investment.
GEOGRAPHIC PREFERENCE
Because economic development is a core part of our mission, priority for presenting to our group will be given:
Second to companies based elsewhere in Arkansas
Next to companies based in our region
Last to companies based elsewhere around the country
PROCESS
When you submit an application to our group, all Ark Angel members will be able to see and review your application. Based on the feedback from our members, you’ll be notified as to whether your company has been chosen to present at one of our monthly member meetings. Following your presentation, you’ll be notified as to whether there’s sufficient interest from our members for us to proceed into a full-scale due diligence process led by Ark Angel staff and our Investment Committee. Based on the results of due diligence, the investment opportunity will be presented to our members for prospective investment. From the time of your presentation at our member meeting, you should know the amount of investment interest from us within 30-60 days.
If your company is chosen to present at one of our member meetings, we’ll work with you to help prepare you for that presentation. And if we believe your company is not quite ready to present, you’ll get feedback from us as to what we believe you should do to make your company better prepared to seek investment.
If our members want to invest in your company, please know those investments will come directly from our individual members and not from us as an entity. We operate as a network; not as a fund. If the investment interest from our members is sufficient for us to “lead” your capital round, we’ll work with you on term sheet negotiation, deal structure, and legal documentation.
APPLICATION PREPARATION
Prior to applying to us for capital, please be ready to submit a complete application and fully answer all the questions in our application. In addition to the required answers, you also will have the ability to upload any documents you want us to see (pitch deck, lean canvas, executive summary, business plan, product demo or video, etc.). These additional documents are optional, but well constructed supporting documentation will make your application stronger.
Thank you for your interest in the Ark Angel Alliance, and we look forward to reviewing your application!