Entrepreneurs

Jumpstart believes that wealth creation starts with a strong relationship between the angel investor and the entrepreneur. For this reason, all Jumpstart angels invest personally in a company. In other words, Jumpstart angels do not pool funds to invest as a group. The result is a strong, personal bond between the angel and the entrepreneur.

How much investment can I expect from Jumpstart?

Jumpstart normally invests amount $200,000 up to $1,000,000. If you need more, Jumpstart may syndicate the deal with other angel groups to raise up to $2 million. If you need more than $2 million, you should seek out venture capitalists.

What kind of businesses appeals to Jumpstart?

Jumpstart prefers businesses with a proprietary technologies that have the potential to grow rapidly. Jumpstart will also consider companies that apply innovative technologies to traditional businesses.

What about valuation?

The current or pre-money value of your business is often the most difficult issue to resolve prior to closing the investment. The pre-money value determines how much of your business the angel investor own after making the investment. If the pre-money valuation is $1 million and the angel investment amount is $500 thousand, the post-money valuation is $1.5 million of which the angels own a third.

Will angels help run my business?

Angels have different attitudes on getting involved in your business. Some angels are passive investors while others are mentors. A few angels will even help with the day-to-day management your business. You need to find the angel that offers the capital and the level of involvement you need.

What is the Jumpstart review process?

Email both a ONE PAGE summary of your company as well as a summary business plan (under 30 pages) to Jumpstart. If there is sufficient interest, you will be invited to make a ten minute presentation followed by a ten minute of Q&A at the monthly Jumpstart meeting. Most presentations do not result in a funding. However, your chances of success will improve dramatically if you are introduced to Jumpstart by a member angel.

How do I meet Jumpstart angels?

Seek out Jumpstart angels at networking events. Jumpstart regularly holds Meet the Angels events. Jumpstart Angels also speak at many regional events. They may be highlighted on the upcoming events section on the home page. The NJTC also offers numerous events where you may meet a Jumpstart angel. Reach out to angels to find out how to make your business an attractive investment.