Bangladesh Angels is the country’s first angel investing platform, founded with a mission to elevate the country’s startup entrepreneurs to the highest level. To be registered as an independent, not for profit company, it is a collaborative endeavor bringing together the leaders in the local entrepreneurial ecosystem and global partners – who share a passion to create value and growth for the startups.
The network looks to invest between Taka 80 Lakhs to 5 Crores in innovative, high-growth companies. We welcome entrepreneurs from all backgrounds including first time entrepreneurs or those who have failed in their earlier attempts. Here’s what we look for:
Complete a brief application outlining the key characteristics of your company.
Our team will get in touch with you to learn more about your company.
If your application is shortlisted, our team will work with you on preparing the materials and assessment for the pitch to investors.
A pitch session will be organized once every quarter where you will present to our members.
During due diligence, the network will verify the statements made in your business plan, presentation, and financial projections, thoroughly research your team's background and track record. An initial discussion of valuation and terms will also happen.
After successful completion of the due diligence process, interested angel group members will present a term sheet that defines the structure of the investment deal - including type of equity and board of directors representation, using industry standard terms and provisions.
When all parties are satisfied with the terms & language in the term sheet, the deal will be executed. But remember, closing the deal is only the beginning of the angel funding process.