Entrepreneurs 

Thank you for your interest in the Concho Valley Angelo Network. Are you an early-stage company looking for capital? Would you benefit from advisors who have the expertise to help you create and grow your company? If so, then angel investment opportunities may be for you. Texas entrepreneurs from all industries are encouraged to submit their business plans. The plans will be reviewed by accredited angel investors, and those meeting the CVAN investment criteria may be invited to present to the CVAN membership. We invite entrepreneurs to learn more about our investment screening process by reading the overview below.

All companies applying to CVAN must meet the following criteria:

  • To narrow submissions to only serious deals, there is an application fee of $250.
  • Expected capital requests of no more than $2M are considered, with deals above $1M requiring a lead investor and term sheet. CVAN will also consider debt financing with an equity component (i.e., convertible debt or debt with warrant).
  • The candidate company should be based in th eState of Texas, or should commit to relocating to Texas upon the completion of an investment by CVAN members.
  • In order to be seriously considered, a company must have a completed, working prototype and have market validation (pilot, beta users, revenue).

CVAN prefers to focus on Texas-based deals in the early-stage of development. Start-up deals are classified as those completing product development and in business for one year or less. Early stage companies are those where initial capital has been exhausted, and now they are in need of capital for full-scale manufacturing and sales or initial phase and expansion.

Application Process 

Cvan reserves the right to request additional information during the application process which may include (but not to be restricted to) data on finances, IP, partnerships, and/or management background. (Due to the nature of our organization, CVAN cannot execute non-disclosuer/confidentiality agreements).

The application process to the Concho Valley Angel Network is describe below:

1. The company is encouraged to contact CVAN Administrator Donna Osborne cvan@cvan.org, before going through the application process to make sure there is a good fit between the ecompany’s focus and members’ interests. If your company meets our criteria, the application form can be obtained from the Website.

2. Submit your executive summary. We will accept your current executive summary, however, if you do not have one, you can create one using the following executive summary and the website.

3. Complete the Angelsoft online deal room registration.

4. When you submit the application online, you will be asked to pay a $250 application fee. This fee is non-refundable, so it is important to call us and determine if there’s a fit between your company and our investors’ interests. Before submiting your application.

5. Your application will be considered complete when you have completed all of the steps outlined above. Your application will not be reviewed untill it’s fully completed.

6. Our members identify companies in which they are interested, so there is no guarantee that your company will be invited to give an investment presentation.

Application Screening Process

Each company that has completed the CVAN application process will be reviewed by our members. Our members may select up to 3 companies, which will be invited to give a 15 minute presentation and a 5 minute Q&A session at our next Presentation Meeting. The selection process is hightly competitive. CVAN cannot guarantee funding or investor interest for companies that submit an application or participatt in a presentation meeting..

Presentation Preparation

If your company is invited to give a presentation, CVAN may provide additional coaching to help you prepare. Presentation to CVAN does not guarantee funding from CVAN Members or referrals to other funding sources.

Presentation Meeting

CVAN hosts several Presentation Meetings each year. After the company presentations, members who are interested in a follow up meeting are invited to sign up on a sign up sheet or approach the entrepreneurs directly.

Due Diligence

Interested investors may collaborate on due diligence and negotiations. Investment decisions, however, are made on an individal basis. 

Follow Up

After a funding decision has been made, CVAN may ask for additional information from time to time. This information will be used to track CVAN’s performance and update our members on the company’s progress.