Angel Investment Network

The STOC Angel Investment Network

The STOC Angel Investment Network (AIN) is a group of individuals interested in investing in early to later development stage businesses that can demonstrate potential commercial success and can present a written, high quality business plan. STOC, together with the Binghamton University (BU) School of Management, will review business plans of companies seeking Angel investment and facilitate their presentation, as appropriate, to the STOC-AIN investor network, typically at a monthly dinner meeting. As a 501(c) 3 not-for-profit entity, STOC itself will not be an investor nor will it receive any fees should any Angels invest in the presenting businesses.

How We Work

The AIN is not an investment fund or club. Likewise, the AIN is not a gift or granting organization. Interested individual investors will work with prospect companies to reach an investment agreement that is attractive and beneficial to both parties. AIN members may choose to invest individually or as a group of several investors.

The role of STOC

STOC will solicit, review and screen business plans from companies interested in seeking Angel level investment from outside investors (typically but not limited to individuals). STOC will determine those prospect companies that may be of interest to AIN members and may designate them for presentation at an upcoming dinner meeting of AIN investors. STOC, together with the BU School of Management will provide business plan and presentation rehearsal feedback to Angel investment candidate companies prior to this meeting to insure productive presentations and help the companies with their business planning efforts. Additionally, STOC may refer companies to additional community resources available to help them with their planning, or alternative sources of funding should that seem appropriate.

AIN Company Candidates

Companies in need of Angel level funding (typically $100K to $1 million) desiring to present to the AIN should have a well developed written business plan, a management team, and some level of sales and/or intellectual property protection . Typically, the owners/leaders of the company should have substantial human and personal capital invested prior to seeking the investment of others.

Candidates for the AIN will typically be from technology-related industries, or be a value-added manufacturing or service company that will ultimately generate jobs in the Southern Tier of New York and other communities. Generally, STOC-AIN will not consider basic service businesses unless they afford a relatively immediate opportunity for regional or national expansion.

AIN Candidate Next Steps

If you have a company with a proven idea, a business plan with a defined market and existing or prospective customers identified, if you have invested significant human and personal capital in the business and are now seeking an outside investor to help you to continue to grow your business, you may wish to consider presenting your opportunity to the STOC-AIN. You should be aware that the information you expose to the AIN cannot be guaranteed confidentiality (a separate Non-disclosure Agreement may be obtained from an AIN member should one express an interest in your business and wish more detail). If you wish to be considered for review by the STOC-AIN, please contact STOC Executive Director John Hayek at jhayek24@aol.com or 607.748.1817.

Are You an Angel Investor?

The STOC-AIN is comprised of civic-minded “Accredited” individuals and businesses seeking to expand their investment portfolios into small business opportunities which contain a relatively high level of risk, offset by a correspondingly high level of potential reward. They will often wish to become involved in some way with the businesses into which they invest. Potential Angel investors should contact STOC Executive Director John Hayek at jhayek24@aol.com or 607.748.1817.