Benefits and Responsibilities
Benefits
- Structure for pre-screening deals, so investors only see the best opportunities;
- Exposure to far more deals than each member would see individually (more diversification and less risk);
- Sharing of time, knowledge and expense for due diligence;
- Syndication with other angel networks to increase total capital invested and decrease individual risk;
- Camaraderie with other members who share the same goals;
- Potential of high returns historically provided by early stage investing;
- Contribution to greater investment activity in Connecticut aimed at improving the economic vitality of the state;
- Access to cutting edge new ideas and technologies in your area of interest.
Responsibilities
- Participation in at least one due diligence team per year;
- Invest at least $25,000 per year in an early stage development company that is also offered to the AIF members;
- Timely payment of membership dues, currently $600 per year, which contributes to the management of the organization and the cost of monthly meetings;
- Members are encouraged to attend meetings; they should be willing to share their investment areas of interest so that AIF management can direct new opportunities to them for review where their expertise can be useful to the entire group;
- Meetings are held monthly and are webcast so members have convenient Internet access to a meeting even when they cannot attend in person.
