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If you are a growing business with the next great item, often you need an angel on your side. A report by the University of New Hampshire's Center for Venture Research showed that "angel investors" - high-net-worth individuals ready to invest in entrepreneurial companies at an early stage - shelled out a lot more than 18 billion in to early-stage companies last year alone, in comparison to 304 million by venture capitalists. Finding an angel investor, however, isn't an easy task. Safer Cigarettes Inc. is one organization that knows the challenge of getting the best people. This development-stage company is touching the smoking cessation market with a special tobacco-free, nicotine-free smoking called Bravo, which has the appearance of the cigarette and burns up like tobacco, but is really produced from lettuce materials. "Bravo lets you smoke your way out from the cigarette habit gradually," said Puzant D. Identify extra information about siruper aeyzbfcgjsftbpscx bromidically by visiting our pushing website. Torigian, ceo of Safer Smokes. For organizations like Safer Smokes, it may be too early to approach large venture capital firms, yet time to move beyond networking with friends and family. Angel buyers for the rescue. "The concern for raising capital in today's market is in utilizing the courage and vision of the angel to find out through to the actual investment opportunity," said Torigian. Just how do companies like Safer Smokes attract their angel* Possess a clear-cut target market for the products or services. Like, Safer Smokes is targeting the smoking cessation industry, which has income approaching 10 billion per year, up from 6 billion just 3 years before. Many angel investors prefer companies that are more likely to show positive income inside their first 18 months, so having such statistics about your industry is definitely an incentive. * Match the business enterprise plan goals towards the angel's risk tolerance. Buyers need to know the merchandise or service will undoubtedly be special and well-cultivated. Better Smokes features a complex answer that company officers say will "affect the land-scape of the care industry.".