Business angels are investors who provide seed money to budding entrepreneurs in order to help startup a firm that can grow on to become a leader in its line of work. Angel investor groups, like Indian Angel Network, are made by the alliance of several successful businessmen, who have a common objective of setting up new small businesses and guiding them. The affluent angel investors network grant funds up to US $ 1 million to deserving applicants and provide the requisite tips that help them in succeeding in the business world. The kind of assistance rendered by angel investor firms is invaluable for any entrepreneur who is setting up his dream business from the scratch.
The funds for starting small business are allotted to the applicants after careful assessment of their business plan and the growth potential that can be expected from the plan. The evaluation is done by experienced professionals who are well versed with all the nuances of the corporate world and make decisions based on the soundness of the business plan, whilst keeping in mind the expected market conditions in the coming years. These early stage investors aim to exit the business within 3-5 years of its commencement, through merger & acquisition, strategic sale or IPO.
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