Tech Coast Angels: Summary of Screening Criteria6
Screening Process
Over 900 companies per year apply on the website for Tech Coast Angels (TCA) funding. Approximately 25% make it to the screening process, and 10% make it into due diligence. TCA typically funds between 10 and 20 new ventures per year. The general process is as follows:
1. Web application
The first step is to fill out an application with overview of company, including a summary of financials and also upload an investor PowerPoint presentation.
2. Initial review
TCA staff and industry-specific investor panels perform an initial screening of the application to ensure it is within the scope of interest. If it passes the initial review stage, the entrepreneur will be ...
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