Entrepreneurs guide to submitting an application for funding
Thank you for your interest in registering with Halo Business Angel Network. The Business Angels that are members of HBAN invest as both individuals and through syndicates. The companies wishing to pitch for investment from the Business Angels are selected based on the quality of the information they submit through the application platform (GUST).
For this reason the quality and accuracy of the information submitted at this point is of paramount importance.
In order to raise funding ideally, your company should meet the following criteria:
- A product that is ready for commercialisation.
- Pre-revenue is considered however some early market traction is preferred.
- A management team with relevant experience.
- An identifiable market opportunity.
- An internationally scalable business model.
- Headquartered in Ireland
- In one of the following sectors - Technology, MedTech, AgriTech or Food
We invite you to call us before submitting your application in order to assess the suitability of your investment opportunity for the HBAN business angels.
We suggest you take the time to prepare and review the text that forms the content of this application in an offline environment first.
Once you have completed the word doc template and reviewed (and spell checked) your application, we suggest you paste the final text into each of the relevant respective boxes in the online version of the form (link can be found below).
The GUST platform is both a national and international platform, with Angels from around the globe accessing the opportunities*. Thus a well prepared application will attract stronger attention. We encourage you to upload supporting documents, including business plans and financial tables, as well as presentations and videos, as this will significantly enhance your prospect of attracting investor attention through the platform. Please watch this short instructional video before submitting your application to us.
In order for your application to be received by HBAN you must complete all required fields on both the company profile and additional questions tab. Only when there is a green tick beside each required fields will the submit button appear.
What happens next?
A member of our team will be in contact as soon as possible with feedback on your application.
If there is sufficient interest you will be invited to pitch at one of our investor syndicate meetings. Prior to your pitch you will undergo one-on-one coaching with the HBAN team, where HBAN resources permit, to tailor your pitch to the relevant investor group.
Please note; raising private finance takes time with a lot of discussion and negotiation required before an actual cash investment takes place. It also involves a legal process including due diligence undertaken by the investor and the signing of shareholders agreements. You need to be prepared to put the time and resources required into the process before you start.