Application process
Recognising that you’ve got a story to tell, and it’s not always easy to tell your story in 10 minutes, we have a three-staged process to our Application Process:
The Pre-Assessment
The pre-assessment stage is a preliminary discussion about your business with our Geelong Angels Liaison, Linda Wong. She will get a better understanding of your business and where you are at. Based on this pre-assessment, she will offer you some recommendations and next steps.
If you would like to have a chat, why not Book a Chat.
Stage 1 – Preliminary Pitch
From the pre-assessment, you might be invited to the pitch at one of the Geelong Angels meetings. If your business is a bit more complex or you are seeking investment of more than $500k, then you will be invited to a Stage 1 pitch.
Key elements that we are looking for in this pitch is:
- Problem statement
- Solution
- Market
- Business Model – how they intend to make their revenues
- High-level financials
- Team
- Traction
- The Ask
Stage 2 – Deep Dive
From the pre-assessment, you might be invited to the pitch at one of the Geelong Angels meetings.
If your business is more mature, easy to understand and you are seeking less than $500k investment, then you will be invited to a Stage 2 pitch.
Your pitch should include:
- Problem statement
- Solution
- Market
- Business Model – how they intend to make their revenues
- Financials
- Team
- Traction
- Exit Strategy
- The Ask
If you have already pitched at Stage 1 and members want to learn more, you will be invited to pitch again at Stage 2.
For your 2nd pitch, we only ask that you present a deep dive on your financials and an exit strategy.