Imporium Angels

Based on San Diego, Southern California, Imporium Angels focuses on new technological industries such as telephony, biotechnology, radio frequency identification (RFID), information technology, software applications, medical equipment, and semiconductors. Imporium members are founders, co-founders, and former executives of their own companies who came from almost every sector of the industry. They are successful entrepreneurs, armed with unprecedented experience in high-risk businesses, who are willing to invest in start-ups with huge market potential. Likewise, their extensive pool of business networks opens to companies who passed their selection process; a move to show how they value young entrepreneurs and their investment. Membership with Imporium Angels is by invitation -- its exclusive nature requires a referral from a current member of the group or an authorization as an accredited investor as stipulated in the Securities and Exchange Commission requirement. What does Imporium Angels look for start-up companies before they invest? New technological industries with competitive management teams, strong market potential, and proprietary technology are the group's top priorities. Interested companies are required to fill up a standard form available on the Imporium Angels' website and submit their executive summaries online. As they are looking for the next big thing in the market today, Imporium Angels encourage clarity and substantial knowledge of their trade to be reflected on each company's executive summary. Consequently, the initial screening committee of the group goes over these submitted requirements every week to look for business ideas that fit their criteria. Executive summaries that passed the initial screening will then be examined by an elite selection committee who will further request for subsequent documents and business plan details from the entrepreneur. Imporium Angels invest on start-up companies for as much as $100,000 to $3.5M, with no fees collected.