South Coast prefers to be the first institutional investor in seed to early stage ventures seeking value added capital to achieve an acquisition, licensing, or public offering exit within five years. Promising companies that meet the following criteria are more likely to be of interest to South Coast Angels. South Coast is interested in applicant companies that:
* Are headquartered in Louisiana or Gulf Coast companies within a three hour drive of New Orleans.
* Are in a technology sector.
* Are seeking investment of $1 million or less from South Coast.
* Are seeking to close their first round of investment with a professional group.
* Have a personal referral from a member of South Coast Angels or another angel group.
Only companies that meet three or more of the criteria listed above, should spend the time to apply for funding through South Coast.