What to Angel Investors need to look at to fund a start up business?

Business 2.0 http://money.cnn.com/2006/02/28/magazine... has a very good article on angel investors, what they typically look for, what kind of investments they support, etc. They typically look for:

- potential for strong returns on their cash investment
- management capability
- solid understanding of the business
- passion for the idea

You may want to go and pitch your ideas where investors gather. Here are some places where angel investors come and those looking for funding can come and pitch their business plans. Be sure to have a strong business plan and describe what makes your business idea stand apart:

Angel Capital Association http://www.angelcapitalassociation.org
Angel's Forum http://www.angelsforum.com
Band of Angels http://www.bandangels.com
Common Angels http://www.commonangels.com
Keiretsu Forum http://www.k4forum.com
Launchpad Venture Group http://www.launchpadventuregroup.com
New World Angels http://www.newworldangels.com
New York Angels http://www.newyorkangels.com
Robin Hood Ventures http://www.robinhoodventures.com (charges $250)

They want to know that the business is going to make a good profit for them...They are not being "Angel investors" to benefit you.

Management background with enough experience to make the business plan work.

An Executive Summary which is a 3 page overview of the business, the product, the market, and the principles (people) involved, - a three year business plan with current and projected financials.