Our Process
Step 1. Candidate companies will submit their business plans to the group office or by the group website. Business plans will be reviewed by the selection committee made up of the board and volunteer members.
Step 2. Screening Committee - The Screening Committee will review submitting companies for qualification as an interest to members. Some companies may be contacted by a member of the committee to provide additional details.
Step 3. Posted to Web Site as Current Opportunity - Companies that pass initial screening will have their funding application and Executive Summary posted to a secured area of the Web Site viewable only by members.
Step 4. The selection committee will notify the selected candidates and alternates of their selection and inform them of presentation requirements.Candidate plans not selected by the committee will be forwarded to the group for individual review and members will be free to contact those candidates directly.
Step 5. Presentation at Member Meetings - Companies that pass initial screening and are posted to the website will be contacted to present a 15-minute PowerPoint presentation at a scheduled meeting. Additional questions and discussion of your company will also be included in this meeting.
Step 6. Due Diligence Process - If significant interest from members is shown after the presentation, a member will be assigned to lead the due diligence process.
Step 7. Investment - After due diligence is completed, interested members will negotiate deal structure and terms with each company.
Recent News
July 10th, 2008 - BAN Board Meeting - 6:30pm
July 18th, 2008 - BAN is officially welcomed with Membership in the Angel Capital Association
Sept. 10th, 2008 - We are pleased to Welcome Al Murray of Warren, Averett, Kimbrough & Marino, LLC as a Sponsoring Board member
Oct.29th, 2008 - Screening Meeting for 4th Qtr. (Summit Club)
