Gulf Coast Venture Forum - Ideal Startup Investment
The Gulf Coast Venture Forum (GCVF) was created to encourage the participation of SW Florida Angel Investors who commit growth and intellectual capital for the purpose of enhancing the economic vitality of the region. Typically, the GCVF invests in the Series A round of financing or the equivalent of the first round of outside capital. The GCVF will review investment prospectuses in pre-revenue or early revenue companies involved in a broad array of Florida’s targeted industry clusters and prefer high growth businesses with: • A full time passionate and committed management team that has invested their own capital in addition to their career opportunity cost. While it is not expected that the company have a complete management team, the current team should have minimum of two individuals. Additionally,the assembled team should identify which members they are missing and be prepared to discuss identified candidates. • A large addressable market and clearly stated pain/problem for this market. • Evidence of customer demand through active sales prospecting and funnel management, purchase orders, letters of intent, letters of commitment, or actual shipped/invoiced sales supported by market research. • Competitor Analysis and documentation of competitive differentiators. • Identification of business model and description of how the company makes money. • A contract, agreement, relationship, joint venture, partnership or capacity to manufacturer or distribute the product or service. • Proforma financial statements (B/S, I/S and C/F). The I/S should be bottoms-up with detailed information on revenue build-up (units, sales people, franchise, page views). • A defined exit strategy/return for the Angel Fund including but not limited to share repurchase, rents, dividend, principal and interest payments, merger/acquisition or IPO.
Gulf Coast Venture Forum Invests In These Industries
• Biotechnology
• Marketing / Advertising
• Business Products and Services
• Media and Entertainment
• Clean Technology
• Medical Devices and Equipment
• Computers and Peripherals
• Mobile
• Consumer Products and Services
• Nanotechnology
• Education
• Networking and Equipment
• Electronics / Instrumentation
• Retailing / Distribution
• Financial Services
• Semiconductors
• Food / Drink
• Software
• Healthcare Services
• Sports
• Industrial/Energy
• Telecommunications
• Internet / Web Services
• Travel
• IT Services
Gulf Coast Venture Forum Invests In Companies That Have Reached The Following Milestones
Prototype Ready - $5M in Trailing 12 Mo. Revenue
Concept OnlyProduct In DevelopmentPrototype ReadyFull Product Ready$500K in Trailing 12 Mo. Revenue$1M in Trailing 12 Mo. Revenue$3M in Trailing 12 Mo. Revenue$5M in Trailing 12 Mo. Revenue$10M in Trailing 12 Mo. Revenue$20M in Trailing 12 Mo. Revenue$50M in Trailing 12 Mo. RevenueMore than $50M in Trailing 12 Mo. RevenueMore than $50M in Trailing 12 Mo. Revenue ►◄ Concept Only
Gulf Coast Venture Forum Invests In Companies With These Funding Needs
Pre-money Valuation: USD500,000 - USD5,000,000
Capital Seeking: USD50,000 - USD5,000,000
Previously Raised: USD10,000 - USD2,500,000
Gulf Coast Venture Forum Expects Their Investments To Generate
Expected Revenue By Year 5: USD10,000,000 - USD100,000,000