Angel+Investing

This type of investor typically puts funds into very early-stage companies with promising high potential growth. The "strategy" explained on Steve Walker and Associates' site is pretty typical for most angel investors: "Our target opportunity is considered the investment of seed capital in "early-stage" companies. By concentrating on this market, we are afforded the opportunity to see very early-stage technologies and services that will be the next evolution of mainstream technologies."

More specifically, Birmingham Angel Network lists the following as its criteria for investing: > > > > > >
 * 1)      **New Company, Product or Business Strategy,**
 * 1)      **with a Sustainable Competitive Advantage,**
 * 1)      **with Exhibited or Provable High Growth Potential,**
 * 1)      **Located in (or at least near) Alabama with a preferrence for Birmingham metro,**
 * 1)      **with Prior Capital Investment by the Owners (of at least 10% of Capital Sought),**
 * 1)      **Seeking Investment Capital from $250,000 to $1,000,000.**

Angel investors tend to be technology-, industry-, and geographic-specific. This makes sense because they can be most successful in businesses and technologies that leverage their own professional experience and the highly prized network of contacts they have in a particular region.

Birmingham Angels Steve Walker & Associates
 * Angel Investors**