OUR CRITERIA

 

SCREENING + SELECTION CRITERIA

Peterborough Angels are looking for projects with the following attributes:

– Distinct competitive advantage.

– High value-added component.

– Environmentally friendly impact.

– Green technology, life-science or manufacturing focus.

– Strong management + skills personnel.

– International expansion potential. 

– In-line with the values + expertise of the Angels.

 

APPLICATION PROCESS

A) Connect with the Greater Peterborough Innovation Cluster's Programs Officer, Carey McMaster at cmcmaster@innovationcluster.ca or on +1 705-750-8842.

 

B) Applicants will be sent a presentation template to use to prepare their initial pitch to a PRAN sub-committee, which is tasked with "pre-screening" all applicants. The pitch involves a (maximum) 20 minute presentation using the guidelines below.

 

C) Successful applicants will be invited to present to PRAN at one of our upcoming Investment Forums. 

 

PITCH PREPARATION REQUIREMENTS

When an application is approved to the initial presentation stage, the following information will be required:

1. A concise description of the market need that the company fills.

2. An outline of what the company strives to do and why (vision).

3. A description of what the market realities and size of the opportunity are.

4. A brief description of the product, technology, and/or service.

5. A outline of management team, advisors, and owners. 

6. A brief description of go-to-market strategies.

7. A detailed outline of financials (breakdown of revenues, expenditures, etc).

8. A suggested exit strategy for Angel Investors.

 

Note: As progress moves forward with expressions of interest from the Angels, a comprehensive business plan may become a necessary reference tool for negotiations. This plan remains 100% the exclusive property of the applicant during the entire application process.