Many aspiring entrepreneurs on the path to establishing their own business are intensely looking for potential investors. And they do it ineptly, often turning to relatives, friends and acquaintances. But few of them know about the existence of such a universal project as Business Angels. Reviews about this company make you think about changing the search field. It is here that every businessman will be able to find financing for his developing project. What are its features? And how useful is it to access this project?
General characteristics of the project
The unique project "Business Angels" is a special program designed for aspiring entrepreneurs. Its author is Matrosov Yuri Vladimirovich (pictured below). According to him, the goal of the project was to create a virtual platform on which ideas for startups could be found with the further investment of free cash in them. In other words, the author has created a large information and search portal that helps novice businessmen find investors.
This is a kind of catalog of all kinds of financiers and entrepreneurs who are ready to provide financial support to beginners. The company presenting the project itself is a non-profit organization working as an intermediary between business experts, start-up entrepreneurs and potential investors.
What is the algorithm of the project?
Before starting work on the project, entrepreneurs and investors - ābusiness angelsā (this is what people who invest in startups are called in common people) must register. During this process, you should indicate who you are: an āinvestorā or a āspecialistā. In addition, registration involves a brief description of your business idea. It is noteworthy that on this portal you can place not only a plan for developing your own business, but also publish your resume. This option is suitable for people who are in search of work.
After filling in the appropriate form, the questionnaire of the new project participant is sent for moderation, which takes 24 hours. And then you just have to enter the system under your credentials and select the āideaā, āspecialistā or āinvestorā that interests you.
What can participation in the project give?
āBusiness Angelsā (reviews of this project can be found in this article) is a project that opens up prospects for innovators, entrepreneurs looking for an idea for business and investors. According to the developer of the web resource, after the publication of the project, idea or resume, all interested users can familiarize themselves with them.
The main advantage of the portal is the creation of a kind of service market, where everyone can offer or find a specialist, an idea for a business. It is noteworthy that to participate in the project it is not at all necessary to leave your main job, for example, if you want to offer your services.
According to numerous expert reviews, thanks to the capabilities of the site, thousands of users have already found their investor or employer. Among the most sought-after specialists involved in the project, the following experts can be distinguished:
- employees of design and research bureaus;
- employees of projection and statistical services;
- economists;
- copywriters and others.
Investors participating in the Business Angel project can invest in any startup they like. This will help not only open new prospects for earning, but also expand the scope of your influence.
What are the benefits of registering on the portal?
According to most users who managed to register on the portal, participation in the project is completely free. It is believed that web service executives prefer to earn money not from their users, but from advertisers. And this is a definite plus of this project.
The second important point that users of the portal describe is the live communication of the potential investor and innovator. From the reviews it is clear that thanks to this service, the investor fully controls the entire investment process. First, he studies in detail a business plan, project or idea, clarifying various details, then finds out how beneficial this proposal will be for him. Then he discusses all the subtleties of cooperation. And then it controls the entire course of work.
And finally, each innovator has a unique opportunity to seek the help of experienced specialists, for example, in order to calculate the āprospectsā of his project. The investor also has the right to consult with experts who help to choose the most profitable source of financing.
How does work in a project begin?
Work in the project "Business Angels" (feedback on this resource can be heard from both beginners and fairly experienced entrepreneurs) begins with a well-thought-out presentation.
According to the head of the web resource, the main task of the innovator is to find an investor. Therefore, he needs not only to distinguish himself from other participants, but also to present his idea as ultramodern know-how. This presentation must be posted on the site after a simple registration procedure.
Search for investors: the next step
At the second stage, each innovator can either wait until investors are interested in his proposal, or closely search for a suitable candidate. And then it remains only to send out your presentation to the addresses of the selected financiers. So the virtual project "Business Angels" works. Reviews about it will allow you to get to know the company closer. We will talk further about user opinions and a large catalog of experts, innovators and financiers.
What feedback can you hear about the portal?
Since its appearance on the network, the project has caused a flurry of emotions and criticism. Someone liked it, but some did not. Consider the most common opinions about the service. For example, some project participants write that they are satisfied not only with the service, but also with high-quality information support. They are also grateful for their assistance in finding the financing they need.
Others did not find an investor on the portal, but they received a lot of useful tips for finalizing their presentation. According to them, now they know how to make the idea āsellingā.
Still others admire the huge base of investment ideas. They also like the fact that the service is free. Fourth describe the project itself as a convenient site with a presentable design and an accessible menu. In addition, they are satisfied with the regular distribution of new ideas and proposals for investment. In a word, you donāt need to look for anything, everything is āserved on a silver platterā.
The specialists are also satisfied with this project. According to them, the resource offers them unlimited opportunities for creativity, which is so often lacking in the main place of work. Moreover, it helps in finding a part-time job, and also provides an opportunity to make new mutually beneficial acquaintances. The financial experts, analysts, and business representatives also respond positively to the service. They themselves often give advice to beginners and share their invaluable experience. However, do not confuse this promising project with another resource under the same name. We will tell you more about him.
Business Angel: Reviews (Ltd), or Difficulty in Identifying
Often in the network you can find negative reviews regarding the company "Business Angels". The only thing in this case is not the aforementioned project, but the new financial pyramid - Business Angels Inc Ltd (Limited). The company, which began operations in May of this year, offers investors a universal deposit program.
She promises compensation within 4% per day and 100% per month. In this case, the minimum deposit amount is $ 10. But is the company actively paying?
Here's what one review says about the Business Angels hype. It follows that the company initially worked flawlessly. In just 28 days, it was possible to return the invested and earn some money. However, now the resource works only for depositing money, but for withdrawal - no. According to the investor, wherever he goes, he canāt return for a month already, including the earned interest.
Others write that this is all a financial pyramid that is likely to burst soon. Naturally, with all the money of naive investors. Others say that they regularly withdraw money with interest and so far they are happy with everything. Experts, however, argue that when accessing such resources, it is recommended to invest a small amount, which will be uncritical to lose if something happens.
What other projects can help innovators?
Another company that can help you find a potential investor is the Business Angels Association, called Start Investments. This is a non-profit project, operating since 2006 in Nizhny Novgorod.
The company is not an intermediary between innovators and investors, but provides a kind of platform for communication of like-minded people. Everyone can become members of the Association.
Innovators and investors will also be interested in the AddVenture business angel fund, which has been operating in the business services market for more than 8 years. This organization provides assistance in financing the most prominent entrepreneurs and organizations.
In a word, if you want and have free time, you can find not only an idea for investment, but also the investor himself.