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If you are an emerging organization with the subsequent great product, sometimes you want an angel on your side. A study by the University of New Hampshire's Center for Venture Analysis showed that "angel investors" - high-net-worth folks willing to invest in entrepreneurial organizations at an early stage - shelled out a lot more than 18 billion into early-stage organizations last year alone, compared to 304 million by venture capitalists. Finding an angel investor, nonetheless, is not an simple task. Safer Smokes Inc. is one firm that understands the challenge of attracting the correct investors. This development-stage organization is tapping the smoking cessation industry with a distinctive tobacco-free of charge, nicotine-free smoke known as Bravo, which has the look of a classic cigarette and burns like tobacco, but is truly produced from lettuce fibers. "Bravo lets you smoke your way out of the tobacco habit progressively," stated Puzant C. Torigian, chief executive officer of Safer Smokes. For businesses like Safer Smokes, it could be too soon to method significant venture capital firms, but time to move beyond networking with family and pals. Angel investors to the rescue. "The challenge for raising capital in today's market place is in harnessing the courage and vision of the angel to see via to the real investment opportunity," mentioned Torigian. So how do firms like Safer Smokes attract their angel* Have a clear-cut target market place for your item or service. Learn more on the affiliated site by clicking TM. For instance, Safer Smokes is targeting the smoking cessation marketplace, which has sales approaching 10 billion per year, up from 6 billion just 3 years ago. Most angel investors prefer businesses that are most likely to show positive money flow within their 1st 18 months, so getting these kinds of statistics about your marketplace can be an incentive. * Match the business strategy objectives to the angel's danger tolerance. Investors want to know the item or service will be unique and properly-cultivated. To get other interpretations, please check-out Eight Factors To Take Pleasure … | helpfulqua587. Identify more on the affiliated article - Click here The Secret to Overcoming Wrinkles... and Stiff Joints!. Safer Smokes has a patented remedy that company officials say will "impact the landscape of the health care industry.". My family friend discovered thumbnail by searching newspapers.