Strategies for attracting angel investors

Abstract

In the early stages of corporate growth, biotechnology entrepreneurs can attract funding from a particular category of investor: the 'angel' investor. This paper describes different types of angel investors and discusses the role angel investors play in providing funding, advice and contacts to early-stage biotechnology companies. Further, some of the qualities angel investors seek in the companies in which they invest are reviewed, and techniques that biotechnology entrepreneurs can employ to increase the likelihood of obtaining funding from angel investors are discussed.