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Spokane Angel Alliance

     
 

The Spokane Angel Alliance is an organization of individual accredited investors and corporate members in the Inland Northwest. SAA meetings are held bimonthly at the Davenport Hotel in Spokane; members gather to share lunch, hear about promising young companies and evaluate investment opportunities. While SAA members make their own individual investments, being part of the organization means they have access to screened and well-presented deals, and the support of fellow members who can share the due diligence process and co-invest with them.

The SAA also has relationships with other angel organizations across the region, and is a member of the Angel Capital Association, a national organization of angel groups, so that an SAA member is really part of a very comprehensive network and has access to extensive resources. In addition to the regular investment meetings, the SAA offers educational and social opportunities for members, potential members, and guests. To look at the event calendar, click here.

Entrepreneurs can receive investment capital from angel funds as well as from individuals. In addition to opportunities for individual investments, the SAA members may also participate in a seed fund to pool their money and mitigate risk. Angel funds include Kickstart and WIN Partners. For more information on these funds, contact Catherine Greer at Connect Northwest. To view a selection of our portfolio companies, click here.

What is an "angel?"

Angel investors are accredited individuals who invest their own money in (usually) early-stage companies in return for equity in the company. In addition to providing needed seed funding, an angel may also take an active role in guiding the entrepreneur, advising the company, taking a seat on the company's board, or even joining the company as an executive. An active and effective angel group is a vital component of a thriving, innovative economy. If you are interested in learning more about angel investing or becoming a member of the SAA, click here.

How can I get angel investment capital for my business?

First, determine whether your company is an appropriate candidate for angel investment (the majority of small businesses in need of capital are not). In general, an angel deal will be a business with an innovative product, a scalable business model, and potential for a high return on investment. Next, ask yourself: "do I really want angel investors?" Remember that you are selling part of your company, giving up a percentage of control and potential profit. If you are still nodding your head, click here to submit an inquiry.

For more information on the SAA, contact Catherine Greer at Connect Northwest.

Standard of Accreditation

You can be considered an accredited investor, according to the Securities and Exchange Commission, if your individual net worth (or joint net worth, with your spouse) is over $1,000,000; or, your income for the past two years has been over $200,000 (or your joint income with your spouse has been over $300,000) and you have a reasonable expectation of reaching the same level of income in the current year.

Some corporations and other business entities can be considered accredited investors as well.

Click here to view SEC Regulation D, or contact Connect Northwest if you have questions.

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SAA SPONSORS

The Spokane Angel Alliance would like to thank our generous sponsors:

Connect Northwest Premier Sponsors