SDSU Brookings Angel Fund - Angel Group

SDSU Brookings Angel Fund

Angel Group | Brookings, SD, United States
brookingsangelfund.com

Share your venture with SDSU Brookings Angel Fund

SDSU Brookings Angel Fund - Ideal Startup Investment

SDSU/Brookings Angel Fund, LLC, is a South Dakota Limited Liability Company, formed in 2007. It is a RAIN® (Regional Angel Investment Network) fund member of the Rain Source Capital network of funds headquartered in Saint Paul, Minnesota. The RAIN network consists of 24 funds, with over 350 members across six states in the upper Midwest. The SDSU/Brookings Angel Fund is assisted in administration by the Enterprise Institute.

Focus:
The SDSU/Brookings Angel Fund, LLC was created to selectively provide seed funding for area start-up companies in need of equity capital with the goal of spurring economic development . The typical investment in “entrepreneurial companies” generally falls into the $25,000-$100,000 range. In addition to investments made by the SDSU/Brookings Angel Fund, LLC, deals reviewed by the fund could receive investment from individuals within the fund. The SDSU/Brookings Angel Fund also has the ability to share favorable deals with other funds in the Rain Source Capital network.

Investment Profile:
The members of the SDSU/Brookings Angel Fund try to focus on those companies and deals, which meet as many of the following criteria as possible:

a) Solid business enterprise model
b) Deals most favored would be located and have economic impact within our region, defined generally to be the state of South Dakota and bordering states
c) Companies and/or deals, which create worthy jobs, skills and economic opportunity within the region
d) Enterprises, which are “intellectual property protected”, developed proof of concept, and have the ability to engage creation and distribution in a measurable market
e) Companies that show high growth potential with significant return on investment and a clear exit strategy over a 4-7 year time frame
f) The SDSU/Brookings Angel Fund, LLC is open to all industrial sectors, but would tend to support economic enterprise in the following niches:

Companies located in incubators
Companies engaged in agricultural support and/or enterprise
Companies engaged in research and concept development (science-medicine)
Companies engaged in value added agricultural enterprises
Companies engaged in alternative energy production and/or conservation
Companies that use technology to position businesses in rural areas

SDSU Brookings Angel Fund Invests In These Industries

BiotechnologyIT Services
Clean TechnologyMedia and Entertainment
Computers and PeripheralsMedical Devices and Equipment
Healthcare ServicesOther
Industrial/EnergySoftware
Internet / Web Services

SDSU Brookings Angel Fund 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

SDSU Brookings Angel Fund Invests In Companies With These Funding Needs

  • Pre-money Valuation: USD500,000 - USD5,000,000
  • Capital Seeking: USD25,000 - USD2,000,000
  • Previously Raised: USD100,000 - USD5,000,000

SDSU Brookings Angel Fund Expects Their Investments To Generate

  • Expected Revenue By Year 5: USD5,000,000 - USD25,000,000
  • Expected Returns: 10x Investment - 30x Investment
  • Expected Years to Exit: 3 Years - 7 Years
  • Expected Years to Break Even: 3 Years - 5 Years

SDSU Brookings Angel Fund Investment Portfolio

Not Available

Group's Activity

  • Invested in past 12 months: $0
  • Average investment size: Unknown
  • Average days until invested: 186
  • Applications in last 30 days: 2
  • Days average screening time: 55
  • Until first view: 43 days

Deal Funnel - Last 12 Months

New100%
In Progress0%
Invested0%

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