SELECTION & INVESTMENT CRITERIA FOR ENTREPRENEURS
Space Angels Network members are active investors looking for opportunities to make a solid return on their money while also helping to shape the next generation of aerospace-related technologies, markets, and industries. We seek viable growth businesses with like-minded entrepreneurs as partners.
- Characteristics. Like most investors, members tend to place the highest priority on strong management teams. However, clear and sustainable competitive advantages, scalability, and initial market validation are also quite critical to successfully securing investment.
- Deal Stage. We accept applications from seed-, early-, expansion-, and growth-stage ventures. However, only fully formed operational companies will be accepted; members generally will not fund ideas or technologies.
- Funding Needs. We accept applications from ventures seeking $5 million or less in funding. There is no minimum, but generally members will actively participate in opportunities ranging from $100,000 to $5,000,000.
Sound like you? Keep on going! Read the FAQs for Entrepreneurs >>
Investors are taking a fresh look at the commercial space industry as a new generation of ventures like NanoRacks are gaining momentum. And organizations like Space Angels Network are critical for linking new investors to credible opportunities” – Jeffrey Manber, CEO of NanoRacks