The Waco Angel Network is an organization dedicated to providing quality investment opportunities for accredited angel investors in the Greater Waco area and to connecting growing companies with information and advisors for the purpose of raising money and assisting in their growth.
Entrepreneurs who need capital and/or expertise to build their business can benefit from this unique funding option. Angel investment is the “right” source of funding for only a small proportion of entrepreneurial businesses. When considering yourself for investment by an individual angel or angel group, ask yourself these key questions:
- Am I willing to give up some amount of ownership and control of my company?
- Can I demonstrate that my company is likely to realize significant revenues and earnings in the next three to seven years?
- Can I demonstrate that my company will produce a significant return for investors?
- Am I willing take the advice from investors and accept board of director decisions I may not always agree with?
- Do I have an exit plan for the company that may mean I’m not involved in three to seven years?
The Waco Angel Network seeks business plans meeting the following criteria:
1. Texas-based deals
2. Total fund raise no greater than $2 million (Any deal more than $1million must come with a lead investor and a terms sheet.)
3. Completed or near-completed product/service offering.
If your business plan meets our minimum criteria, we invite you to submit your plan to WAN using the link below. Please note, we charge $250 per plan submission.
Entrepreneur Login Link
Angel Capital Education Foundation
1. Listing of angel groups in United States and Canada
2. Information resources for entrepreneurs
Angel Investor News
1. Background on angel investing
2. Preparing business plans and presentations
Baylor University – John F. Baugh Center for Entrepreneurship
1. FastTrac Entrepreneurship training program
2. Innovation Evaluation Program
Emerging Technology Fund and the North Texas RCIC
1. Funding opportunity from through the State of Texas
2. Pre-seed to commercialization stages may qualify
2. Startup planning
3. Business plan development guides
Inc.com – Working with Angels
1. Articles and practical advice for entrepreneurs interested in obtaining angel funding.
Kauffman Foundation eVenturing
1. See “Funding Sources” for a collection of articles, tools, and templates on pitching angels
MCC-Small Business Development Center
1. One-on-one counseling services and
2. Business training courses
1. Business planning
2. Marketing planning
3. Strategic planning
Small Business Administration
1. Workshops on business formation