Operated by StartUpNV, a nonprofit statewide incubator and accelerator for Nevada-based startup companies, AngelNV has opened registration for its angel investor bootcamp designed for both first-time and experienced investors. The bootcamp will start Jan. 12 with weekly sessions on angel investing strategies and tactics presented virtually and with limited in-person seating at the International Innovation Center @Vegas downtown.
Interested investors can sign up online for more information at https://startupnv.org/investor-registration/.
AngelNV is a program of StartUpNV that provides expert mentorship to startups and access to a network of capital partners. During AngelNV’s 10-week investor bootcamp, participants will collaborate with other soon-to-be angels, learn about investing, and leverage experience to mitigate risks, review deals, and narrow the applicants seeking funding from the AngelNV entrepreneur bootcamp to six finalists. From among the finalists, they invest together in one company, with each investor contributing a minimum of $5000 investment (plus a $1,000 administrative and program fee).
Jeff Saling, executive director of StartUpNV and its AngelNV program stressed that AngelNV investors need not be “super wealthy” to participate and can be at the beginning of their investment journey, such as successful professionals or retirees.
“We want to democratize wealth creation through private company/startup investment opportunities. This enables many people, not just the wealthiest in society, to have the chance to make great returns from a modest $5,000 to $10,000 investment while also helping local startups get off the ground and succeed,” added Saling.
Modeled after the highly successful San Diego Angel Conference, AngelNV teaches startups the fundamentals of attracting venture capital and understanding the venture capital process. Startup founders participating in the bootcamp can apply for AngelNV funding (a one-time $49 application fee is required or $29 before Nov. 30). The 40 or more accredited angel investors who participate in the AngelNV boot camp will have invested in the AngelNV Conference Fund – and together, they award a $200,000 investment to be announced at a special Shark Tank-style event March 25, 2021.
StartUpNV launched AngelNV this year to foster an angel investment network for Nevada-based startups and attract to the state scalable startup businesses and entrepreneurs with big ideas to build a more diversified and resilient economy. For more information on AngelNV visit: www.angelnv.com.