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
• Biotechnology
• IT Services
• Clean Technology
• Media and Entertainment
• Computers and Peripherals
• Medical Devices and Equipment
• Healthcare Services
• Other
• Industrial/Energy
• Software
• 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
New
100%
In Progress
0%
Invested
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Ask to Join as an Investor
Are you an accredited investor? Ask to join SDSU Brookings Angel Fund by filling out their Membership Application.