What types of investments will HAN consider?
The Huntsville Angel Network solicits applications from businesses seeking seed and expansion funding of $250,000 to $750,000 in capital, that have a business model and plan that will offer appreciation of at least 5 to 10 times the investor’s money in 4 to 6 years, and that have a clear path to provide a liquidity event for the investors. The HAN seeks opportunities in information technology, biotechnology and life sciences, aerospace, transportation, and energy, but will consider any plan that meets the requirements outlined. While most funding is expected to be in the form of equity, some transactions may involve convertible debt and other hybrid investments. The minimum investment by a HAN member in any company deal is $5,000, with a typical maximum of $50,000.
