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Floripa Angels - Frequently Asked Questions |
1 - Why create Floripa Angels?
We have identified an oportunity to contribute with our expertise in an area where there are plenty of opportunities. When something special happens in the business world, opportunity, vision and capacity to execute decisively show up together. Florianopolis provides a synergy of good universities, excellent infrastructure, tax incentives and quality of life. In addition, the city is located in less than 200 km from two other major cities in the State of Santa Catarina: Joinville and Blumenau.
2 - What is Floripa Angels´ purpose?
Floripa Angels aims to shorten the distance between investors and entrepreneurs, examining the best investment opportunities, looking for investors and connecting both.
Floripa Angels aims to shorten the distance between investors and entrepreneurs, examining the best investment opportunities, looking for investors and connecting both.
3 – Is Floripa Angels an Investment Fund?
No. Floripa Angels is a business angels association, where each investor decides to invest by himself.
No. Floripa Angels is a business angels association, where each investor decides to invest by himself.
4 - What is a Business Angel?
It is a professionally and financially successful individual, with extensive experience in business. He is willing to share his knowledge and own resources to contribute with the growth of a promising company and, in return, he expects to receive shareholder participation in the company.
It is a professionally and financially successful individual, with extensive experience in business. He is willing to share his knowledge and own resources to contribute with the growth of a promising company and, in return, he expects to receive shareholder participation in the company.
5 - Why do some investors prefer to remain anonymous?
There are several reasons, but the main one is that the anonymity restricts the amount of informal requests for investments.
There are several reasons, but the main one is that the anonymity restricts the amount of informal requests for investments.
6 – Is there some type of company / priority segment for Floripa Angels´ investments?
Yes, the main focus is on technology companies, most of them Internet services providers, software and digital systems. However, we are not restricted to those businesses.
Yes, the main focus is on technology companies, most of them Internet services providers, software and digital systems. However, we are not restricted to those businesses.
7 - What is needed for an enterprise analysis?
First, it is crucial that the company meets the Investment Criteria. Done that, it is necessary to complete the Executive Summary form. We will contact the entrepreneur after analyzing it, whether it has been approved or not.
8 - What is the usual investment amount?
The amount invested can vary between R$ 50 thousand and R$ 2 million.
First, it is crucial that the company meets the Investment Criteria. Done that, it is necessary to complete the Executive Summary form. We will contact the entrepreneur after analyzing it, whether it has been approved or not.
8 - What is the usual investment amount?
The amount invested can vary between R$ 50 thousand and R$ 2 million.
9 – Does Floripa Angels analyze companies located outside of Santa Catarina?
Yes, but we rather keep the focus on companies in the state.
Yes, but we rather keep the focus on companies in the state.
10 - What is an Executive Summary?
An Executive Summary is the first part of the company's Business Plan, and its purpose is to provide a summary of the entire contents of the plan. It is very important that the Executive Summary is well prepared and organized, so that it can get analyst’s attention. Otherwise, there is a risk that it will not even be examined.
An Executive Summary is the first part of the company's Business Plan, and its purpose is to provide a summary of the entire contents of the plan. It is very important that the Executive Summary is well prepared and organized, so that it can get analyst’s attention. Otherwise, there is a risk that it will not even be examined.
11 - How is the investment process?
The company that is looking for investment will have to pass through several stages of analysis. First, if it is concluded that it is a promising business, a valuation process will be carried out – in which it is determined the value of the company and discussed the negotiations’ legal aspects. The project is then presented to potential investors. Following the investment decision, the company will be continuously monitored through a long-term relationship with Floripa Angels, ensuring that all members are always informed about the investment results. At the end of the process, there are three possible outflows - selling the business, opening its capital in the stock market or a merger.
If, at any stage of its analysis, it is decided that the opportunity does not suit our portfolio of work, we will clearly explain the reason for the review process interruption with total transparency. Regardless of the process outcome, we hope that the entrepreneur will positively evaluate it as an excellent learning opportunity for both sides.
The company that is looking for investment will have to pass through several stages of analysis. First, if it is concluded that it is a promising business, a valuation process will be carried out – in which it is determined the value of the company and discussed the negotiations’ legal aspects. The project is then presented to potential investors. Following the investment decision, the company will be continuously monitored through a long-term relationship with Floripa Angels, ensuring that all members are always informed about the investment results. At the end of the process, there are three possible outflows - selling the business, opening its capital in the stock market or a merger.
If, at any stage of its analysis, it is decided that the opportunity does not suit our portfolio of work, we will clearly explain the reason for the review process interruption with total transparency. Regardless of the process outcome, we hope that the entrepreneur will positively evaluate it as an excellent learning opportunity for both sides.
12 - How long does the investment process take?
Considering all stages, the process generally takes from 4 to 6 months.
Considering all stages, the process generally takes from 4 to 6 months.
13 - Is there a way to ensure that the confidential information about the business will remain that way?
Yes, it will be signed a confidentiality agreement between the parties, ensuring the confidentiality of all information.
Yes, it will be signed a confidentiality agreement between the parties, ensuring the confidentiality of all information.
14 - What are the benefits of being an associated investor of Floripa Angels?
The investor will have access to a high level deal flow, ability to access services related to risk management - such as legal, accounting and taxation support - in addition to sharing their opinions and expertise with other members.
The investor will have access to a high level deal flow, ability to access services related to risk management - such as legal, accounting and taxation support - in addition to sharing their opinions and expertise with other members.
15 – What is the advantage in investing on an early stage company?
There are several individual factors that trigger the decision to participate actively in the venture capital market. The desire to encourage entrepreneurship in the country, the will to contribute with professional experience for a starting business or simply because of the potential high return from this type of investment. The fall of interest rate level combined with the economic stability in Brazil created an environment that favors investing in growing companies, as the long-term returns can be more attractive than in other available options.
If you have any additional questions to clarify, please write to our team and we will be keen to answer them.
There are several individual factors that trigger the decision to participate actively in the venture capital market. The desire to encourage entrepreneurship in the country, the will to contribute with professional experience for a starting business or simply because of the potential high return from this type of investment. The fall of interest rate level combined with the economic stability in Brazil created an environment that favors investing in growing companies, as the long-term returns can be more attractive than in other available options.
If you have any additional questions to clarify, please write to our team and we will be keen to answer them.
