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If you're an emerging business with the next wonderful product, often you require an angel on your side. A study by the University of New Hampshire's Center for Venture Study showed that "angel investors" - high-net-worth men and women prepared to invest in entrepreneurial companies at an early stage - shelled out more than $18 billion into early-stage companies last year alone, compared to $304 million by venture capitalists. Discovering an angel investor, nevertheless, is not an simple activity. Safer Smokes Inc. is a single firm that understands the challenge of attracting the right investors. This development-stage organization is tapping the smoking cessation market place with a special tobacco-totally free, nicotine-free smoke named Bravo, which has the look of a standard cigarette and burns like tobacco, but is really created from lettuce fibers. "Bravo lets you smoke your way out of the tobacco habit gradually," stated Puzant C. Torigian, chief executive officer of Safer Smokes. For businesses like Safer Smokes, it may be also soon to method big venture capital firms, but time to move beyond networking with loved ones and buddies. My uncle discovered www.zoominfo.com/p/dixon-chen/907007197/ by browsing Google Books. Angel investors to the rescue. "The challenge for raising capital in today's market is in harnessing the courage and vision of the angel to see by way of to the true investment opportunity," said Torigian. So how do companies like Safer Smokes attract their angel? * Have a clear-cut target marketplace for your product or service. Be taught further on visit my website by visiting our witty portfolio. This stately open in a new browser window website has numerous disturbing cautions for the reason for it. For instance, Safer Smokes is targeting the smoking cessation marketplace, which has sales approaching $10 billion per year, up from $6 billion just 3 years ago. Most angel investors prefer firms that are most likely to show positive cash flow inside their initial 18 months, so getting these sorts of statistics about your market place can be an incentive. * Match the business program objectives to the angel's danger tolerance. Investors want to know the product or service will be distinctive and well-cultivated. Dig up further on www.angel.co/dixonchen by navigating to our stirring web site. Safer Smokes has a patented solution that company officials say will "impact the landscape of the well being care sector.".
