Published using Google Docs
ACA NE Regional Syndication Meeting Info for Entrepreneurs
Updated automatically every 5 minutes

Instructions for Entrepreneurs & Deal Leads

The New England Regional Syndication Meetings provide a venue where the top angel-backed companies in the region can pitch to an audience composed of representatives from more than a dozen angel groups. This helps entrepreneurs raise more money, in less time, and from a wider range of investors.

Application Instructions for Entrepreneurs:

Apply by 4/20 @ 11:59 pm - A pitch video (10 min ideal) is required because we no longer watch pitches live at the events. Instead angels review pitches before the event. Tips.

Entrepreneurs and deal leads will receive an email (check spam folder) with a link to view and edit the application at any time. It is up to you to review and ensure the application is accurate. If you accidentally submit more than one application under the same company name only the most recent application will be considered for review.

All applications, those selected for the event and those that are not, will be shared with the members of angel groups throughout New England to give all nominees maximum exposure.

The announcement of which companies have been accepted will be made within a week of the application deadline.

Event date, time, location, and format:

5/4 (ONLINE): 4:00 - 5:30p ET

If selected, then you will be invited to the syndication event. Investors watch your pitch videos before the event. At the event you will provide a 1-minute verbal pitch (no slides), and then get a breakout room. Investors interested will come to your breakout room.

Nomination Criteria:

An ACA-member angel group will champion the deal and serve as the central coordinator for follow-on due diligence efforts.

Factors correlated with being selected and securing funding:

Status:

* Deals in due diligence or in term-sheet negotiation often struggle. If they have a strong champion they can do OK.

* Deals that have $$ invested from the champion angel group do best.

Preparedness:

Companies that are "wrapped up and ready to go" do much better. By that we mean: they have a diligence package available, have all the deal documents ready to go, and a deal lead ready to organize follow-up.  

Diversity: Diverse teams have proven to outperform non-diverse teams and so tend to attract more attention.

Terms: Convertible notes and SAFEs are automatically rejected by large portions of the angel community.

Next Steps for Angels:

  1. Direct the CEO of the company or companies you wish to nominate to the web page you are reading right now.
  2. If you are interested in serving on the committee selecting presenters, let Paul Silva know via this form and he will send you the instructions and conference call info. Deal leads are strongly encouraged to serve on the committee so we can learn more about the company you are nominating.         

Questions?

Contact the chair of our selection committee: Paul G. Silva (413-667-9886 | paul@launch413.com)