120 likes | 227 Views
ACCESSING ANGEL & VENTURE CAPITAL A PRESENTATION TO FROM February 19, 2009 Presented By: Jim Noble Regional Coordinator Northern Ontario Enterprise Gateway (705) 377-7600 1-866-924-7600 noeg@amtelecom.net www.noeg.ca. NOEG – An Overview. Incorporated non-profit with a volunteer board.
E N D
ACCESSING ANGEL & VENTURE CAPITAL A PRESENTATION TO FROM February 19, 2009 Presented By: Jim Noble Regional Coordinator Northern Ontario Enterprise Gateway(705) 377-7600 1-866-924-7600noeg@amtelecom.net www.noeg.ca
NOEG – An Overview • Incorporated non-profit with a volunteer board. • Funding from FedNor. • Mission to stimulate the flow of capital (equity) investment and management expertise from northern investors into high-growth potential Northern Ontario companies. Accessing Angel & Venture Capital
NOEG – Accomplishing theMission. • Formation of local/regional angel investor networks. • Building links to other angel groups to increase investment capacity. • Help entrepreneurs prepare for investment – through our investor-ready programs. • Provide a process and link through which investor-ready entrepreneurs can access accredited investors. Accessing Angel & Venture Capital
Angel/VC Investment Landscape VCs 2,876 Deals $21B 2004 Investment In North America Angels 48,000 Deals $22-$24B Accessing Angel & Venture Capital
The Traditional Funding Landscape – Where Angels &VC’s fit Founder/Friends/ Family HIGH Level of Investment Risk Assumed by Investor Seed Start-Up Early Growth Established Stage of Business LOW Government. Angels VC’s M&A/Equity Markets Commercial Banks Accessing Angel & Venture Capital
The Funding Landscape“After the Meltdown” Founder/Friends/ Family HIGH Level of Investment Risk Assumed by Investor Seed Start-Up Early Growth Established Stage of Business LOW Government. Angels VC’s (VC Ghost Town) M&A/Equity Markets Closed The Funding Gap for Start-Up’s and Early-Growth Companies is widening Commercial Banks More Risk Adverse Accessing Angel & Venture Capital
Impact on Entrepreneurs • Cash is king (cash-flow) • Must learn to bootstrap (do more with less) • Valuations will be less • Must be sure investors have deep enough pockets to get across the “funding gap” • Harder to get funded Accessing Angel & Venture Capital
Impact on Investors • Potential reduced investment capacity • Increased risk of dilution • Getting “stuck” with no exit • BUT – ANGELS ARE STILL INVESTING Accessing Angel & Venture Capital
Angels & VC’sCompared & Contrasted Accessing Angel & Venture Capital
Angels & VC’sCompared & Contrasted Accessing Angel & Venture Capital
Angels & VC’sCompared & Contrasted Accessing Angel & Venture Capital
Contact Me: Thank You and Questions Jim Noble, NOEG Regional Coordinator by telephone at 1-705-377-7600, toll free 1- 866-924-7600 or through our website at www.noeg.ca. Thank you. Accessing Angel & Venture Capital