Northern Illinois Angels Angel Investor Network
Angel investing has long been an important source of financial support and mentoring for new and growing businesses bridging the gap between individual (friends and family) and institutional venture capital rounds of financing. Over the past several years, Northern Illinois Angels and this sector of the private capital market has been formalizing in response to both growing demands and complexity.
Northern Illinois Angels - Northern Illinois Angels was established to fill the unmet needs of accredited investors and entrepreneurs by providing:
- Qualified accredited investors with access to private stock offerings by early stage companies demonstrating exceptional potential for rapid growth and capital appreciation; and
- Select entrepreneurs with access to growth capital in combination with the skills and experience of mentoring investors and other service providers necessary to realize the value proposition identified by the entrepreneur.
Our founding members have each started and built one or more successful companies. We also have extensive experience investing in early stage companies.
Our commitment to you as fellow investor members, entrepreneurs and partners is based on the highest degree of professional standards. Our Board and staff are focused on anticipating your needs and will always work to exceed your expectations. And, we will always have your best interests in mind and work with you to help you reach your financial goals.
Contact:
Chicago IL
IL Angel Networks are as unique as the private investors that make them up. Northern Illinois Angels is a group of accredited investors (sophisticated investors) who get together to review companies for potential investment. The investments can be made by accredited individuals belonging to the IL network or by the network itself as a limited partnership.
Some angel networks charge a fee to the entrepreneur for the business plan to be reviewed, or for an in-person presentation to be made to the "angels" group and other angel networks don't.
Learn about as many angel networks / groups in your area as possible.
Like Northern Illinois Angels, the number of organized angel groups / networks has grown in response to several factors:
- The growth of venture capital funds and the attraction of venture investing
- The legal and economic complexity of these investments.
As a result, angel investment screening by Northern Illinois Angels, is consistent when compared to other angel investment groups. Specific organizational and legal structures, however, remain varied. Most groups, including Northern Illinois Angels (Chicago IL) develop their own organizational structures and processes independently. For entrepreneurs and other IL angel investors, the net results of this change are mostly positive. Although the models of business angel groups continue to evolve, these groups are generally better financed than ad hoc groups of individual / private investors in Chicago IL.
Northern Illinois Angels (Angel Investment Network) provides an extended network that benefits both funded companies and private co-investors / other angels by providing greater due diligence, operational support and domain expertise. Business angel groups, such as Northern Illinois Angels and other groups (IL) can also provide a key source of qualified deal flow for venture firms - IL - as well as provide intermediate capital for companies with financing requirement levels between individual / private investors and institutional venture capital.
