"OPEN COFFEE" Early Stage StartUp Investors Morning Meeting at the Alki Starbucks from 9am - 11am...
Investors, Angels, and Venture Capitalists Networking Meeting, with Startup CEOs. Welcome to this "Angel SharkTank" produced by American Angels.
It is importnt to note that our American Angels community in Seattle and SIlicon Valley alone, has seen and done well over $ 150,000,000 in deals last year, but we aim to top that this year.
And we have good reason to believe this, because we are already at the threshold of the $ 90,000,000 mark this year, aiming to go over $150,000,000 in financial transactions for through the Network of the Amercian Angels Startups in SIlicon Valley & Seattle alone -- and thus You could also be a Winner and become FUNDED, after You pitch&demo and participate in our Meetings.
We can do amazing things together, becuase we have undertaken the process of democratizing the Crowdfunding process further and further along on the road to make evryone fundable and this is the age of the ICO as we have engaged with many founders and funders to do just that for dozens of StartUps. We'd like to ask to answer these simple questions bellow in order to judge your personalicty and character traits:
Are you a great Startupper?
Are you the "One" to get onto the stage, to woo the Sharks and invite them to invest into your innovation?
Are you "Alpha" and do you want Angels, and VCs to spot you? Are you next to "exit" and become financially independent?
Do you shoot for an IPO?
If you say YES to any of these questions -- then pull up your bootstraps and come to compete here and now.!!! LIST OF STARTUPS: Startups encouraged to apply herewith by emailing at this email address: [email protected] -- in order to get on the stage and take the 'hot seat' to tell your Startup story to the Investors: Startups may be funded immediately at the American Angels SharkTank -- as they have been funded many times in the past. A SharkTank is a Pitch & Demo Startup-expo for all Business Verticals ~ Software / Hardware / All Apps (iOS, Droid, Native & Web) + Any Product/Service. ENTREPRENEURS from around the world in all markets are drawn to this monthly event because we open the doors to Silicon Valley a world - without any boundaries! The "Angels SharkTank" - is AMAZING, because we've had Startups funded on stage and then with a New Valuation have gone onward to raise Millions of dollars as you can see from the list below! Most active group of Investors in Seattle, in Silicon Valley, and in the San Francisco Startup Ecosystems. Here is where all the Investors in Startups are plugged in... The Venue provides refreshments, from the moment you walk in the door! Startups/Founders are judged by Angel Investors, Venture Capitqalists, Industry Experts, Business People, VC's and Angels! Therefore if you want to pitch the Sharks, you better bring your "A" Game! See list of previous Judges / Sharks. AGENDA: 8:45 PM - Attendee Check in 9:00 PM - SHARKS Networking Mixer 9:15 PM - Investor-Speaker(s) 9:30 PM - 2 Minute Pitching begins 9:45 PM - Discussion about IP and Legal Support 10:00 PM - More Networking - VIP After Party... INVESTORS: that have appeared and/or judged the Startups at the "Angels Sharks Tank" in this or prior events: Dr Pano Churchill / Green Capital / YCombinator / 500 Startups / Satori Ventures / Lisa Hanna Angel Investor / Bryant Hayward Angel Investor / Paul Hemming Angel Investor / Li Jiang – VC / Karim Nurani Angel Investor / Manny Fernandez Angel Investor / Suzanna Lam Angel Investor / Parul Sahai Angel Investor / Allan T. Young Angel Investor / Bill Sauter Angel Investor /Max Shapiro Angel Investor / Peter Henry Angel Investor / Mike Sarwari Angel Investor / Andy Pandharikar Angel Investor / Gianni Rosas-Maxemin Angel Investor / Reenu Saini Angel Investor / Steven Roussey Angel investor / Gary Starr Angel Investor / Valeriy Kondruk Angel Investor / Manu Das Angel Investor / Anna Dvornikova Angel Investor / Bhrigu Raj Jhabua Angel / Mario Marinucci Angel / Diletta D'Onofrio Angel Investor / Nobility Ventures Andrew B. Bartels / Voivoda Ventures Petar Nedyalkov / Suraj Kumar Rajwani VC / Stella McCartney / Ron Hathaway / Steel Ventures / Bridge Capital Ventures / STARTUPS: Startups can apply to participate by sending an email with your Executive Summary or pitch deck, here: [email protected] STARTUP SUCCESS STORIES: Startup success and Funding right at, or immediately after participating in the “Angels Shark Tank” event: Looksery Sold to SnapChat for $150,000,000 | Reality Shares raised $32,000,000 | Leland Tea Company PE deal $5,000,000 | Bouxite raised $2,000,000 | Whalepath raised $2,000,000 | Eversnap raised $500,000 | Oru Kyak raised 500,000 | CitiBiss raised $500,000 | Kuli Kuli raised $350,000 | Banter raised $300,000 | Tycoon RE raised $250,000 | Queen B Robotics raised $150,000 | Bounty Hunter raised $100,000 | SmartPhoneRecords raised $100,000 | MyFlow Raised $100,000 | UpOut raised 1MM$ Angel round | Ladada sold to a PE firm | Bringsy raised seed capital & accepted into Plugandplaytechcenter | PLANN accepted into Mind the Bridge accelerator STRICT NON-REFUND POLICY: All Ticket Sales are final. Credit may be provided for future events if you cancel at least 24 hours in advance of an event. There is no credit available if you do not contact us prior to 24 hours before the start of the event. CANCELLATION POLICY: American Angels Inc reserves the right to cancel any event for any reason. Attendees that have purchased a ticket that is canceled will be notified by phone or email if a valid phone or email address has been provided. Attendees that purchased a ticket for a canceled event will be offered a credit to a future event.. FILM & PHOTO: Please note that video and photographs will be taken throughout the event. By entering the event location during our event, you agree that American Angels, it's affiliates and all partners may use your likeness, image, voice, etc. in photos, videos and in any educational, marketing, advertising or related endeavors for our activities. Being on these premises during our event means that you release and hold harmless American Angels Inc, it's affiliates, and partners, from any claims or actions that arise as a result of this production. Thank you for your support and cooperation. Join us as an Angel, and Entrepreneur, an Innovator, an Early Stage StartUp Investor, or as a StartUp Leader and a fellow Tech & Science Geekster... Are you a CEO? Are you a StartUpper? Are You a Leader? Are you an Early Stage Investor? Are you an Angel? Are you an Inspiring Speaker? Do You have a clear line of sight path to Victory? Do you have a good Product? Do you have a Good Product Market Fit? Do you think that you have a Good Team? Are you in Fundraising Mode? Do you seek Angel Capital? Do you want Venture Capital? Do you want team members to help You? Do you want help from the community? Do you want to help others and their Startups? Do you have knowledge and experience that you want to share? Do you seek a position with cutting edge Startups? Do you want to succeed.... ? If you answer YES to any of these questions, then come along to share with the Community all of your goodness and your products and services. Come along to be counted... And then bring along your team, your co-founders, your company info, and your slides and come to present during our famous ANGEL & VENTURE CAPITAL INNOVATION CHALLENGE NIGHT OF SEATTLE. This is a bit like a classic Startup "Boxing" Match Competition, but with a twist: No ring, no mean people, no fighting, no funky oversized shorts, no gloves, no punches, no screaming -- only smart people, nerds, geeks, CEos, Founders, Co-founders, computers, slides, and speeches... Up to 10 smart & INNOVATIVE EARLY STAGE COMPANIES will come to compete on the StartUp stage and Pitch & Demo event.
We will teach you How to Raise Capital... how to scale and how to Win the world. Ten StartUps compete on their own right to represent their community and to own their turf in the space of Entrepreneurship and Intellectual Scientific Development. We seek to find and invite the best Pacific Northwest Technology companies that we can take to the Markets with a healthy Infusion of Angel & Venture Capital from our New Fund "Pi ventures" and from our decades long running Angel Capital practice. We simply aim to help you succeed. Along these lines we select companies that will represent us in the other areas of our practice across the Pacific, because today Tech leadership is far more important, than even military might... when countries compete in the field of glory. And we come today to admit that we need to improve the Technological competitiveness of our country, our state, and our city -- because it seems that we are left short changed, and falling behind the rest... In case You haven't noticed -- there is a Global Competition going on, and our global standing as Innovators is questioned... The stage is set and you are invited to bring your companies, bring your flags, and bring your friends, to come out and compete. You are invited to join this unique Innovation & Technology Forum with StartUp technology leaders from China, India, and the United States, in order to see how these unique StartUps solve big problems, and create valuable products & services that serve both sides of the world. In this version of our Pitch&Demo session, we will also feature the famous STARTUP COMPETITION during our "How to Raise Capital" event in order to support the best of breed StartUps. This is an international competition amongst local and global Startups with the Top Company getting funded on the spot. THIS FRIDAY EVENING WE HAVE AN ANGEL PARTY AND YOU ARE INVITED... We are presenting 10-12 New StartUp companies to Angel Investors. COME NETWORK AND PARTY WITH INVESTORS, CEOs, ANGELS, FOUNDERS, VCs, CO-FOUNDERS, NEW TEAM MEMBERS, OTHER STARTUPPERS, AND ALL THE SMART MOVING ANGELS... WHO ARE HERE TO EXPERIENCE THE "GREAT" STARTUP COMPANIES THIS ECOSYSTEM HAS TO OFFER.
Please RSVP here: www.AmericanAngels.net
==================== And one of the StartUp CEOs presenting THIS TIME can be You pitching your Company: 1) Your StartUp in any Field of Science & Technology... 2) Your New Business Software Project ... 3) Your Fresh Shared Economy Idea ... 4) Your New Mobile App Team ... 5) Your New Science Company ... 6) Your Technology ... 7) Your New Medicine ... 8) Your New Software ... 9) Your New BioTechnology ... 10) Your New Medical Devise ... 11) Your New Pharmaceutical ... 12) Your New Life Science StartUp ... -------- To RSVP please go here: www.AmericanAngels.net Join the Fun because we are the only Society of Angels in Seattle where you can Present your StartUp Company, Pitch our ANGEL INVESTORS and demonstrate your PRODUCTS & SERVICES without any COSTS or OBLIGATIONS. SO JOIN US FOR THE AMERICAN ANGELS, STARTUPS AND VENTURE CAPITAL PARTY THIS FRIDAY EVE. Come demonstrate your business, share your intended products & services, and pitch your company's fundraising needs in the midst of the best Angels in Seattle and beyond... Bellow there is a sample pitching schedule but we ask for all types of companies to show up and pitch. All sectors of the Economy are of Interest to us provided that they Innovate and have great aspirations to WIN. We are all about VICTORY and if you feel the same way -- come join us. Regardless of your industry and regardless of the specialty of Your Company -- You are invited to "pitch&demo" provided that you are a StartUp in search of Growth, Funds, and Support, form the Best Angels All Around. Things have changed recently in the regulations and the political legal landscape of the StartUp Finance out there... So pay attention, and show up to pitch this month's end at the Friday Angel party: COME PITCH AND WE WILL HELP YOUR COMPANY RAISE PLENTY OF ANGEL CAPITAL TO FULFILL YOUR NEEDS. Join the Fun because we are the only Society of Angels where you can pitch without any COSTS or OBLIGATIONS. Come demonstrate your business, share your intended products & services, and pitch your company's fundraising needs in the midst of the best Angels in Seattle and beyond... Bellow there is a sample pitching schedule but we ask for all types of companies to show up and pitch. All sectors of the Economy are of Interest to us provided that they Innovate and have great aspirations to WIN. We are all about VICTORY and if you feel the same way -- come join us. Regardless of your industry and regardless of the specialty of Your Company -- You are invited to "pitch&demo" provided that you are a StartUp in search of Growth, Funds, and Support, form the Best Angels All Around. Things have changed recently in the regulations and the political legal landscape of the StartUp Finance out there... So pay attention, and show up to pitch this month's end at the Friday Angel party: JOBS ACT & SEC BREAKING NEWS: On June 19th 2015, the Securities and Exchange Commission will implement Title IV of the JOBS Act which will let startups in America raise up to $50M from accredited investors and non-accredited investors, for the first time in 80 years. COME PITCH AND WE WILL HELP YOUR COMPANY RAISE PLENTY OF ANGEL CAPITAL.
"Pitch & Demo Night: How to Raise Capital..." is the best attended and most transacted conference, between Investors and Founders in the Pacific Northwest. This month we are focused on Life Sciences. Specifically on the early stage companies that are bringing to light Solutions for problems in the areas of BioTechnology, BioMedicine, Bio-devices, BioSciences, Bio-Apps, New Pharma, Personalized Medicine, Molecular Biology, Chemistry, Genetics, Health & Wellness, Systems Biology, Digital Health, Health data, Smart pills, Nano-Diagnostics, Nanosurgery, Nano-Agents, Wearables, FDA regulated solutions, democratizing Health, Personal Health, Health Management, Public Health, etc Seattle & Washington state, is the number one place in the world to produce so much Innovation in Biotech, Digital Health, and in all Medicine related sciences... IF YOU WANT TO PRESENT YOUR STARTUP YOU NEED TO FOLLOW THESE TWO EASY STEPS: A) Please RSVP right here and come to present your StartUp on the next pitch&demo meeting. B) Send us right here a One Page Executive Summary that contains a Cap table and Term sheet with your "Ask" for amount of Angel Capital. That's All. Once we receive the Executive Summary, we'll let you know if you are selected to present... When selected -- Come with the single page Term Sheet we will provide You and follow these Ten Rules for StartUps that will help you deliver a Great pitch & nail your Demo for a Successful Angel Night that will help You walk away with a check or two... 1) So go ahead and join here: [www.AmericanAngels.net ] for the monthly Pitch&Demo meeting that you want to present at, and email us right here. 2) Sent a simple Executive Summary to the Organizer [Via message right here] and include additionally, your 'ONE PARAGRAPH' story in the message to the Organizer [This is your "cover-story" for the Pitch&Demo Meetup].
Our AMERICAN ANGELS APP offers a 'Solution' by expanding the critical mass of Angels in America, by enabling the Middle Class to join the ranks of the Angels -- and thereby unleashing the vast capital they control, and giving them the Freedom and the Capacity, to shift some of their "Risk Capital" and some of their "Black Box" Wall Street Investments, and maybe even some of their 401K and retirement investments, towards the Startup Equity invesment world. This "frozen Investor Capital" situated in the middle between the small class of Accredited Investors, and the lightweights of the Crowd Funding campaigns -- represents the largest pool of investment out there...
Therefore we've set up an Angels Fund of $ 21 Million USD, blind and agnostic of sector like a No-Load Mutual Fund, in order to engage more and more investors allowed to fund StartUps through the JOBS ACT and through the TITLE IV regulations of SEC, which support our Initiatives and vice versa.
Our funds serve as a vehicle to fund technology and Science based StartUps, and other STEM focused worthwhile Companies in all sectors of the economy, and to also enhance Social Entrepreneurship.
Becoming a member of the Think Tank of the American Angels and their Angel Capital Network and/or being an Investor in one of the many Startups that the American Angels have funded or are showcasing, means you believe thriving entrepreneurial communities lead to a strong economy, and You are willing to put your money where your mouth is, by further promoting Economic, Business, and Lobbying efforts, to make this Innovation and Enterprise America initiative, possible in our world today.
And when you join -- we will invite You to the private events, private "Dragon's Den" meetings, and "Shark Tank" events, where you can get first dibs on interesting companies, and meet other investors from around the world and the country. So here You can join us in reshaping American entrepreneurship.
We are holding these meetings close to Seattle, Redmond, Bellevue and the International Airport of Seattle the Sea-Tac airport, so that all of our investors, members, and friends can have easy access when flying in and out to participate and manage Board Meeting commitments.
However You choose to join us -- please make certain that You are either an Angel, or an Equity Crowdfunder (Title IV), or an Accredited investor, with disposable income, plentiful equity assets, and dedicated Risk Capital to be able to participate. Or You are one of Millions of Angels ready and "willing to fly" freed up through the recent changes of the SEC to finally be able to participate. And that pretty much covers everybody.
We work with Startup America which is a White House initiative that was launched to celebrate, inspire, and accelerate high-growth entrepreneurship throughout the nation.
FACT SHEET: As of 2017 the FUNDING of START UPs has improved drastically because of these Positive Trends, and now AMERICAN ANGELS helps you launch and fund your Startup Entrepreneurial Business with our Simple Tools.
1) JOBS ACT signed into law: https://www.sec.gov/spotlight/jobs-act.shtml
2) WHITE HOUSE LAUNCHES “STARTUP AMERICA” INITIATIVE and F.A.S.T. with PPPs. Washington State shows StartUp Innovation Leadership and launches SCOR to promote Crowdfunding in Washington state as of November 1, 2014, when the Department of Financial Institutions’ rules became effective for ESHB 2023, the “Washington Jobs Act of 2014″.
3) SEC CREATES TITLE IV: Three long years after the JOBS Act, the SEC creates TITLE IV, late in March of 2015. This is when the SEC establishes and clarifies all necessary regulations as TITLE IV in order to democratize, and allow easy Angel investment in StartUps, by implementing the JOBS ACT in it's entirety, for all of the American qualified Investors.
4) PUBLIC PRIVATE PARTNERSHIP: Public and Private Partners Invest in American Entrepreneurs through the SEC early applications of Title IV and working out the bugs via the hyper-localized SCOR system, and through the early stages of SEC regs coming though and tested in the State level and on the National arena.
5) ANGEL CAPITAL NETWORK: Our Angel Capital Network, the AMERICAN ANGELS, as well as our investment grade Angel Capital Fund come into being early to support the Democratization of the StartUp Investment process, and to allow you to reach easily into Venture and Angel Capital for your needs, in order to fund your Enterprise and succeed.
With the implementation of Title IV, the SEC has, after many long years, finally moved on rulings, that as of 2017, will allow everyday citizens (non-accredited investors) to participate in equity crowdfunding and investment in private startups and small businesses -- and it will also make crowdfunding a reality for all Entrepreneurs and Startups.
The long awaited promise of democratizing investment in startups & small businesses in the U.S. through equity crowdfunding laws is about to be fulfilled. These new rulings come under Title IV of the JOBS Act and will done initially through what are called Regulation A+ investment offerings.
I’ll share a brief history of equity crowdfunding laws including details on how the new Title IV / Regulation A+ offerings that include non-accredited investors work, and the impact these changes will bring to the landscape of private investing and fundraising.
A Brief History of the JOBS Act and Equity Crowdfunding
It was three years ago that the JOBS Act was voted into law by Congress and signed by President Obama on April 5th of 2012.
While implementation of the JOBS Act was mired by regulators at the SEC, Title II of the JOBS Act was the first portion of equity crowdfunding laws implemented in September of 2013. This portion of the equity crowdfunding laws allowed for public advertising of fundraising. However, it restricted the right to invest to Accredited Investors (wealthier investors) and left everyday citizens out in the cold.
Fast forward to today and we’re, at long last, about to bring non-accredited investors into the new capital market for equity crowdfunding. The new Title IV rulings / Regulation A+ offerings will become actionable after roughly 60 days, following publication in the Federal Register.
With this historic ruling by the SEC, early stage investment is moving further online and being truly being democratized by allowing the general public to invest.
Regulation A+: Equity Crowdfunding With Non-Accredited Investors
The new rules for Regulation A+ offerings which include non-accredited investors are broken up into two tiers (alternatives) that allow companies to raise up to either $20,000,000 or $50,000,000.
Regulation A+ broadens the definition of “qualified investors” to include non-accredited investors, though there are clear caps on how much they can invest. Non-accredited investors can invest a maximum 10% of their income/net worth per year, protecting these often less experiences investors and making it so that they can’t “lose it all” with a single crowdfunded investment.
Entrepreneurs will be able to start raising money from “the crowd.” Prior to these new rulings, only qualified accredited investors could invest. Accredited investors are individuals who earn more than $200,000 per year or have a net worth of over $1,000,000, or entities with over $5M in assets.
Regulation A+ Offerings: Tier I
Tier I of Regulation A+ allows companies to fundraise up to $20,000,000 from both accredited and non-accredited investors. Tier I offerings will not have state pre-emption (as is the case under Title II 506(c) offerings), but rather will fall under a NASAA Coordinated Review (state-related requirements and review). However, while subject to formal review with state regulators, Tier I raises will not be required to perform formal audits and annual reporting as required under Tier II offerings.
Regulation A+ – Tier II
Tier II of Regulation A+ offerings allow you to raise up to $50,000,000 from both accredited and non-accredited investors. The biggest difference between Tier I and Tier II (other than amount of money you can raise) is pre-emption on Blue Sky Laws, removing requirements to register the offering in each state you sell securities. More significantly, Tier II offerings will be required to have audited financials and annual reporting requirements.
Since Tier II pre-empts state law, it is likely to be the favored tier of Regulation A+ and become more widely adopted by startups and small businesses.
How Regulation A+ Offerings Essentially Work
For companies utilizing Tier II of Regulation A+ offerings, in short companies will prepare all of their final offering documents and have an audit performed on them and their financial statements. They then submit a Form 8a short-form to the SEC and file it electronically via EDGAR online. Once approved, their deal can go live and take in non-accredited investment online utilizing equity crowdfunding platforms.
The Future of Investing in Startups & Equity Crowdfunding
I don’t believe the VC model will greatly be “disrupted” and will certainly not get displaced by equity crowdfunding in the short, or the medium term. But in the long run, they will be disintermediated by Funding Platforms, Angels, Strategics, and "Equity Crowds" that can offer a whole lot more to the StartUps they fund and a fundamental ease of access and democratization of resources.
Still I know that great companies are built over time by incredible founders and by the investment and guidance of experienced and seasoned investors who can truly add value. And those VCs who adapt to the New Age of "Equity Crowds" along with the Super Angels , and the Strategics -- they partner with -- will win the Game, along with specialized Investment Banks.
That's the FUTURE, but for now it helps to understand the story of how equity crowdfunding will play out in the short term because it’s helpful to look at the early stage startup market through some of the validated numbers…
Right now we have a VC investment market that is about $30 Billion annually, and an Angel investment market [Angel Accredited Investors] that is roughly $20 Billion annually.
There are about eight (8) million total accredited investors in the US today, of which an estimated 3% have invested in a startup enterprise, at least once.
More broadly across all early stage private investing, there are roughly $1.2 Trillion in total private placements done each year in the US.
Equity crowdfunding is changing the face of these existing markets by moving them online, reaching new wealthy investors, making the process more social and open, and creating a massive new set of distribution and marketing channels for fundraising.
Over time, equity crowdfunding will eat into the existing investment markets of VC, while also bringing in alongside them an entirely new class of investor (retail, non-accredited) to fill up the ranks of the Angels.
This new class of investors will grow to become influential, powerful, important voices in the early stage ecosystem: they’ll validate new companies and ideas, fuel their early growth, and then late stage investors will have good reason to pay attention.
Kickstarter and IndieGogo, paved the way for people to donate and purchase products via crowdfunding, but these backers have been left wanting when companies are massively successful and profit or sell – as was the case when Oculus VR sold to Facebook for $2 Billion and the Kickstarter backers of the company got nothing in the sale...
With the introduction last week of Title IV from SEC, we must all admit that Things are now changing ... fast.
Now "equity crowdfunding" and what I call "Equity Crowds" are transforming crowdfunding into an opportunity to not just pre-purchase products, but become a true owner and shareholder in a high growth startup.
So join this revolution and become one of many Leaders seeking First Mover Advantage to reach our goals... and join the ranks of the Angels in our midst.
"Startup America” is a White House initiative to celebrate, inspire, and accelerate high-growth entrepreneurship throughout the nation. This coordinated public/private effort brings together an alliance of the country’s most innovative entrepreneurs, corporations, universities, foundations, and other leaders, working in concert with a wide range of federal agencies to dramatically increase the prevalence and success of America’s entrepreneurs.
This mission to promote entrepreneurship is a core component of President Obama’s national innovation strategy for achieving sustainable growth and quality jobs. Not only do startups bring a wealth of transformative innovations to market, they also play a critical role in job creation across the United States. Those entrepreneurs who are intent on growing their businesses create the lion’s share of these new jobs, in every part of the country and in every industry. Moreover, it is entrepreneurs in clean energy, medicine, advanced manufacturing, information technology, and other fields who will build the new industries of the 21st century, and solve some of our toughest global challenges.
The core goals of Startup America are to increase the number and scale of new high-growth firms that are creating economic growth, innovation, and quality jobs; celebrate and honor entrepreneurship as a core American value and source of competitive advantage; and inspire and empower an ever-greater diversity of communities and individuals to build great American companies.
Expand access to capital for high-growth startups throughout the country;Expand entrepreneurship education and mentorship programs that empower more Americans not just to get a job, but to create jobs;Strengthen commercialization of the about $148 billion in annual federally-funded research and development, which can generate innovative startups and entirely new industries;Identify and remove unnecessary barriers to high-growth startups; and Expand collaborations between large companies and startups.
Treasury Department simplifies Rules for $5 Billion in Tax Credits for Private Investment in Lower-Income Communities: The Treasury Department is working on a set of regulatory reforms to the existing New Markets Tax Credit, which the Administration is proposing to expand from $3.5 billion to $5 billion in its FY2012 budget proposal. These reforms will make it easier for community development entities to attract private-sector funds for investment in startups and small businesses operating in lower-income communities. The reforms, which are expected to go into effect later this year, will relax the reinvestment requirements for community development entities investing in certain operating businesses..
Treasury Dept. Convenes Small Business and Entrepreneurs Access to Capital Conference: The Treasury Department will host a March 2011 conference to explore access to capital for small businesses. Access to capital is vital to spurring investment in small and innovative businesses, promoting job creation, and fueling sustainable economic growth. A broad range of options to help small businesses access the capital they need to expand and grow will be discussed. More details will be released in the coming weeks.
Connecting Investors, Funders, Mentors, and Entrepreneurs
SBA and Department of Energy Launch Mentorship Program for Clean Tech Startups: The SBA, in partnership with the Department of Energy (DOE) and Advanced Research Projects Agency-Energy (ARPA-E), will fund four private business accelerators. These four programs will have proven records of success and use the funding to support an additional 100 clean energy startups across the country. These accelerators will provide intensive mentorship from seasoned entrepreneurs to a selection of the most promising new companies previously funded by DOE and ARPA-E. This pilot program is the first step in the development of a large, distributed network of entrepreneurs, mentors, and startup accelerators. Learn more.
Department of Veterans Affairs Launches New Incubators to Help Vets Start High-Growth Businesses: The Department of Veterans Affairs (VA) will establish two of the first integrated business accelerators focused solely on helping our Veterans launch and sustain their own businesses. The first accelerator program offers an interactive website that provides a comprehensive roadmap for starting a small business and provides assistance in utilizing the diverse set of resources available to support Veteran entrepreneurs. The second program includes a business incubator facility, located in Waukesha, Wisconsin, where early-stage Veteran-owned businesses are mentored by experienced entrepreneurs and trained to develop the skills needed to build successful businesses.
Making Government Work for Entrepreneurs
Top Administration Leaders Announce National Tour to Support Public Participation in Removing Barriers to Entrepreneurship: The President has issued an Executive Order and accompanying memorandums to federal agencies to identify and take steps to eliminate or reduce processes that are outdated or overly burdensome to entrepreneurs. As part of this effort to receive feedback from entrepreneurs on the front lines, the Administration will launch online suggestion tools for the public and go on the road to innovation centers like Research Triangle Park, Austin, Boston, Silicon Valley, Atlanta, Pittsburgh, Minneapolis, Boulder, and other innovative cities to hear from entrepreneurs about the challenges they face, share current Administration efforts to support entrepreneurship, and to streamline or eliminate the biggest barriers to startup growth. Learn more.
Administration Expands “DC-to-VC” Summits on Investing in Healthcare Technology: DC-to-VC events are targeted engagements between federal leadership and venture capitalists, innovators, and entrepreneurs, focusing on how to address emerging opportunities while simultaneously improving our country’s health through better, more efficient care delivery. Led by the Chief Technology Officer of the Department of Health and Human Services, in cooperation with the White House, the Office of the National Coordinator for Health Information Technology, and the Centers for Medicare and Medicaid Services (CMS) Innovation Center, an expanded series of workgroups and discussion roundtables are slated for 2011 that build upon significant previous successes.
Commerce Department’s Economic Development Administration To Launch i6 Green:
The EDA’s i6 Green, which will be implemented in partnership with six federal departments and agencies, builds on the success of last year’s inaugural i6 Challenge. This program, with anticipated funding up to $12 million, is designed to encourage innovative, ground-breaking ideas that accelerate technology commercialization, new venture formation, and job creation across the United States. This year’s challenge focuses on both regional economic development and environmental sustainability. i6 Green will reward communities that utilize Proof of Concept Centers to accelerate technology-led economic development in pursuit of a vibrant, innovative clean economy. These centers will be supported by regional partnerships that draw upon a wide range public, corporate, university, non-profit, and philanthropic stakeholders.
The Federal Funding Opportunity Notice is now public and can be found here.
U.S. Patent & Trademark Office (USPTO) Gives Applicants Greater Control Over Examination Timing and Enables Fast-Track Examination Within 12 Months: The USPTO is pursuing an Enhanced Examination Timing Control Initiative (Three-track Examination) to give innovators more control over the application processing and support a more efficient market for innovation. Under this initiative, applicants would be able to request prioritized examination (Track I), obtain processing under the current procedure (Track II), or request a delay lasting up to 30 months (Track III). Entrepreneurs who are seeking capital, or accelerated market penetration, may benefit from the prioritized examination offered by the Track I option. In contrast, those entrepreneurs working to commercialize more embryonic ideas may prefer the extended timeframe associated with Track III. Another benefit to entrepreneurs will be shorter overall examination queues.
The StartUp America Partnership [www.startupamericapartnership.org ] is an alliance of top entrepreneurs, venture capitalists, angel investors, corporations, universities, foundations, and other leaders, joining together to grow the entrepreneurial ecosystems that support innovative, high-growth U.S. startups. Long-term commitments will include:
Education: Expanding high-impact entrepreneurship education programs to more high schools, community colleges, and universities, reaching thousands of additional students.
Commercialization: Clearing the path to market for primary research in more universities, through a combination of regional ecosystem development, faculty engagement, and streamlined technology licensing.
Acceleration: Replicating successful entrepreneurship accelerator programs in more cities and universities, by recruiting more experienced mentors to support more startups.
The Startup America Partnership convenes an Entrepreneurship Action Summit, bringing together the greatest entrepreneurs and innovators in America to dramatically accelerate startup success and job creation.
American Angels are Inspiring the Next Generation of Entrepreneurs
First Equity Crowdfunding established in Washington State:Equity Crowdfunding went live in Washington state as of November 1, 2014, when the Department of Financial Institutions’ rules become effective for ESHB 2023, the “Washington Jobs Act of 2014″. http://www.dfi.wa.gov/small-business/small-company-offering-registration
However in reality Crowdfunding is live in Washington state only as of November 1, 2016, when the Department of Financial Institutions’ rules became fully effective and were court tested for ESHB 2023, the “Washington Jobs Act of 2014″. You can find the final rules and the final crowdfunding application form here. For those who haven’t heard, ESHB 2023 allows an internet offering of up to $1 million to Washington residents. Issuers (i.e., the company raising the funds) must take steps to ensure that only Washington residents are presented with the actual offering. Any Washington resident can invest, but the following restrictions apply: For investors with an annual income or net worth of less than $100,000, the greater of either (i) $2,000 or (ii) 5% of the investor’s annual income or net worth (not counting personal residence). For investors with an annual income or net worth of $100,000 or more, 10% of the annual income or net worth of the investor (not counting personal residence), up to $100,000.You can find the final rules and the final crowdfunding application form here. http://www.dfi.wa.gov/securities/rulemaking
Dr Churchill launches ENTERPRISE AMERICA in 2013:
Enterprise America seeks to conquer the new frontiers of Science, Medicine & Technology, through the Innovation StartUp companies created to scale the efforts of the existing Academic and Creative communities of these United States. Dr Kroko works with Universities and Institutes that are at the epicenter of Innovation across the country and offers his Innovation Master Class Weekend Bootcamp there. He has offered this Innovation StartUp Weekend, at Harvard, MIT, Stanford, UW, and all over the world at the best Science schools, such as Oxford, Cambridge, Tsinghua, Sapienza, Sorbonne, Heidelberg, Imperial, ESCP, LBS, and many others -- because Innovation is a global endeavor and yet nowhere else is as welcome as in the United States of America. Dr Kroko works actively to expand this Innovation StartUp Weekend to many more Universities and Science centers across the United States, such as the schools in the Boston Triangle, Raleigh North Carolina, Los Angeles, New York etc...
The first chapter of Enterprise America is in Seattle to be found right here: www.AmericanAngels.net
JOIN US BECAUSE ALL THE MEMBERS WILL BE INVITED TO PARTICIPATE IN THE UPCOMING ENTREPRENEURSHIP ACTION SUMMIT 2015. The Entrepreneurship Action Summit, brings together the greatest entrepreneurs and innovators in America to dramatically accelerate startup success and job creation.
Dr Pano Churchill relaunched "ANGELS ACROSS AMERICA" and invited all those Angels from other places to support and create local Chapters in their Cities and in their Universities. This is an Open Call for Entrepreneurs, Angels, Universities, PostDocs, Master Geeks, Proffs, Entrepreneurs, and Leaders, to Start-Community, their Country, and their CIty.
Contact us here in order to see how we can help You to START UP your city chapter.
American Angels runs an Incubator in Seattle WA and wants to include your StartUp in it. It also offers high powered meetings, like this StartUp Weekend bellow that is unlike any other, and we help you by sharing a wealth of Information about the StartUp Launch, the IP needs, the Team building help, and even plenty of extraordinary Legal Help. Feel Free to Register for this one by emailing [email protected]
For the Entrepreneur, for the new CEO, for the C-Level StartUp Founder, and for all the Business folks out there -- this Startup Weekend bellow is for you:
Now, whether you’ve already launched your startup or not, this START UP WEEKEND offers invaluable insights to help you build on a solid foundation, raise funds successfully and legally, and avoid missteps that too often derail promising startups.
For the Start Up Executive team members, the startuppers, the students, the business people, the consultants, the business attorneys, the accounting professionals, and for the finance experts: This is also a good fit for you too, because you will pick up new tools and insights for serving, advising,and representing Smart Sstartups.
Join us for this upcoming StartUp Weekend to flesh out your StartUp knowledge and fund your Business.
If you want to register -- please email us here: [email protected]
We Aim To Help You Succeed.
Please don't fail yourself by not showing up...
Meanwhile we hope that in the future we will have an opportunity to built further upon this success, and want to invite all of you to our upcoming MeetUp of the American Angels Capital chapter in Seattle. Join the SEATTLE ANGELS here at www.AmericanAngels.net
And further I want to ask you to self select or nominate yourself and others to lead this effort of the American Angels community building in other parts of this Country, or in other Cities, countries, industries, universities, and towns of our well connected world for Innovation & StartUps.Take your cue from here and Be a Leading Angel from here on out.
Join us because AA is Connecting Mentors and Entrepreneurs through the AA mobile app.
And because AA is Connecting Startup Corporations and Entrepreneurs the AA way.
AMERICAN ANGELS ACCELERATING INNOVATION TODAY through THEIR EASY STARTUP FUNDING MECHANISM:
Financing You Start Up through American Angels and Accelerating Innovation has now become as easy as using the AA Mobile App on your smartphone: Go and download at www.AmericanAngels.net
After years of waiting the JOBS Act, SEC finally passed title IV of the bill which is the Reg A+. Its an enhancement to the existing Reg A rules which very few companies use since it was too expensive for raising too little money -- now we can democratize the process and do all of it easily through the AA simple Mobile App and other tools.
With the new rules in place, now any company may raise up to $50 Million from unacredited investors in their own state per year... The other great benefit of this is that this method of crowdsourcing allows an average person to invest in StartUps and in small enterprises in their own communities and also to use risk capital to invest in budding Start Up Enterprises that are still private companies for an upside towards one of them becoming a Unicorn or having a magnificent Exit to the Capital Markets that will make everyone super wealthy.
That's how Billionaires are created and we can do this by investing in our own Main Street StartUps, for the first time. Of course, there are some restrictions that apply to this form of Early Stage Crowdfunding Investments, but this is a great start and a giant step forward.
For more information you can read the official SEC release or the VentureBeat or Forbes articles.
Change is good, because we see another opportunity for businesses, for StartUps, for Social Enterprises, for Crowdfunded B-Corps, Co-ops, or Community Developers, and all forms of Business & Mission Driven Impact enterprises to utilize for an easy access to Capital at the earliest stage of the Startup. As a matter of fact it is the best tool to use when raising money, in the old American DIY fashion, because all businesses need to connect to their customers, users, and employees, and raise money either through reward, debt, or equity methods of crowdfunding depending on their particular situation -- and we make it easy.
Combining all of these funding types in one location we allow businesses to go to one location to find out which methods work best for them, and one location for Angels to manage their portfolio of investments and even blind pools of Investment.
So come and join us and see where this journey takes us: www.AmericanAngels.net