• Differentiated product or service
• Emerging market for the product
• Scalable business with plan to meet growing market
• Management capable of executing to plan
• Attractive deal terms
• Achievable exit strategy that exploits opportunity

To be considered by Maine Angels, companies need to submit the application form, an Executive Summary (preferably addressing the key points noted above), and a term sheet or description of terms. Maine Angels members will consider the opportunity at an upcoming meeting (cutoff for consideration generally is receipt by Maine Angels no sooner than two weeks prior to the next scheduled meeting). If sufficient interest exists following presentation of the opportunity at the meeting, one or more Maine Angels members will contact the company for more information and, perhaps, to conduct additional due diligence. Depending on timing of the deal and whether or not one or more members continue to show interest, the company may be invited to make a presentation in person to the Maine Angels membership at un upcoming meeting. If there is not sufficient interest to go forward, the company will be contacted, most likely by email.

Maine Angels investment application form

Tips for dynamic presentations to investors, posted March 2008.