Screening of investment proposals is a very important service for business angels. Poor quality business plans, unrealistic investments proposal, “crazy” inventors – that’s just a few possible outcomes for business angels, if there was no screening of investments proposals by business angel’s network. Business angels are very busy persons and loading them with hundred of useless propositions does not make any sense. The usual practice of screening is to hire professional investment managers, who could evaluate investment proposals. BAN’s hire investment managers who evaluate investment proposals and reject proposals which do to comply with certain criteria as well as help entrepreneurs prepare better business plans and presentations.
The criteria for evaluation of investment proposals vary among business angels networks, though some of them is common for all proposals.
Why do business angels accept an investment proposal?
Why do business angels reject an investment proposal?