One of the biggest challenges facing entrepreneurs is money. Accessing growth capital, securing investments, and generating revenue are issues that plague startup and growth-stage businesses alike.
The OKGN Angel Summit is a 10-week program designed to expose both entrepreneurs and accredited investors to the world of angel investing. This is done through a guided, hands-on process where a small venture capital fund is raised, deals are screened, and an actual investment in a startup is made. Participating companies will learn the capital raising process and build investor relationships with 30 active investors.The culmination is a public event on Thursday, March 12, 2020 where 6 finalists make their pitch to an audience of community members, and the winner is awarded an investment of up to $200K from the fund. That’s right, $200K.
Apply to participate in the OKGN Angel Summit.
The Cost
The cost to participate in the OKGN Angel Summit as a company is $199. OKGN Angel Summit uses Gust to securely and privately collect your company information, business plan, and due diligence information. Entrepreneurs who are seeking growth capital and meet the criteria below can apply by completing the application form. The deadline to apply is December 1st, 2019.
The Criteria
-
Early stage companies seeking investment of $100k – $1M
-
Eligible companies should be within a half-day drive of Kelowna
-
Must be able to attend and participate in pitch sessions and the finale on March 12, 2020
-
Ability and willingness to accept and use an investment up to $200k
-
Prototype (MVP) working towards product/market fit
-
Passionate and capable founding team
-
Identified early adopters in a large addressable market
-
A plan to scale with potential for a 10x return in 5 years
-
Deck and information must be uploaded to Gust
The Perks
-
Opportunity to connection with active investors
-
Public exposure and storytelling
-
Company deep dive sessions for finalists
The Schedule
Sunday, December 1 |
Application deadline |
Monday, January 13 |
Top 24 – Quarter Finals Selected |
Wednesday, January 15 |
Information Session for Quarter Final Companies |
Friday, January 17 |
Investment Readiness Training for Quarter Final Companies |
Monday, January 20 |
Quarter Final 3 minute pitches and mixer |
Tuesday, January 21 |
Quarter Final 3 minute pitches and mixer |
Monday, January 27 |
Top 12 – Semi Finals Selected |
Wednesday, January 29 |
Investment Readiness Training for Semi Final Companies |
Monday, February 3 |
Semi Final 10 minute pitches |
Tuesday, February 4 |
Semi Final 10 minute pitches |
Monday, February 10 |
Top 6 – Finalists Selected |
Monday, February 18 |
Due Diligence kickoff and training |
Saturday, February 22 |
Company Deep Dive for Finalists |
Sunday, February 23 |
Company Deep Dive for Finalists |
Monday, February 24 |
Due Diligence |
Monday, March 2 |
Due Diligence |
Monday, March 9 |
Due Diligence |
Thursday, March 12 |
Finale |