INVESTMENT PROCESS

 
 

Office hours
We encourage entrepreneurs who are considering being funded by an angel group, to attend ‘Office Hours’, which is an informal information session for entrepreneurs seeking advice. Office Hours are held at 10am-11am on the first Monday of every month in Sydney and 11am-12noon on the first Friday of every month in Melbourne. We would always encourage entrepreneurs to establish a dialogue with us at an earlier date even before they plan to raise money.

Application
Entrepreneurs who believe they are ready to be funded, apply to Scale Angels for funding by submitting an online application on Gust. All members have immediate access to review the application and all accompanying materials provided by the entrepreneur in the deal room on Gust.

Screening
If they fulfil the investment criteria, they are invited to attend a Screening session. Screenings are held twice every second month beginning March 2018 from 9:30-12pm (via Zoom). All Scale Angels are welcome to attend. All applicants will be provided with timely, constructive feedback.

Successful applicants are provided with specific feedback on their presentation to ensure they are ready to present to an Investor Forum, and unsuccessful applicants may be invited to reapply at a later date.

Investor forum
Every other month, three or four women entrepreneurs who are successful in the Screening process are invited to present to the Investor Forum, held at 6:00pm – 8:30pm on Monday in Sydney, 4.30pm-7.00pm on the first Tuesday of  February, April, June, August and October and repeated the on Wednesday t 9:30-12pm in Melbourne. Please refer to our 2018 calendar for exact dates and times.

Due Diligence
At the forum, Scale Angels will determine which companies they are considering investing in, pending Due Diligence. Companies gaining adequate investment interest move to a deep dive meeting, held at 9:30-10.30am the Friday after the Investor Forums, and if interest continues, a four to six week Due Diligence process.

During Due Diligence, Scale Angels review historic financials and financial model, sales and marketing strategy, product road map, IP, management references and background checks, market opportunity, value proposition, business model, competition, material contracts, exit strategy and potential returns.