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In a continued effort to grow the network of local entrepreneurs and investors in San Luis Obispo and Northern Santa Barbara counties, the EVC has created the Central Coast Capital Network. It will enable local entrepreneurs to access capital from venture capitalists and angel investors, as well as investors to find local companies to invest in.

What is Venture Capital?
Venture Capital is private equity capital generally provided to early-stage, high-potential, growth companies to generate a return (typically through an IPO of the company). A venture capitalist (VC) is a person or investment firm that makes these investments. There are several types of venture capitalists  such as private venture partnerships, industrial venture pools and investment firms. Funding estimates and terms such as return on investment, business operations and exit strategy will vary.

General Range of Investment
$500,000 to $10 million

Companies Suited For
Young innovative tech companies who can demonstrate a potential for rapid growth and market leadership. Typically, businesses must have a strong business model, impressive management team and the potential for the company go public or be acquired.

Additional Information and Questions
If you are interested in leveraging the Central Coast Capital Network or have questions, please contact Mike Manchak (805) 788-2012.


What is an Angel Investor?
Angel Investors (Angels) are individuals or small group investors who invest in early-stage or start-up companies. Angels are often entrepreneurs with experience relevant to the businesses they invest in. Typically, this type of investment bridges financing needs that may exists between self-funded capital and capital provided by venture capitalists. Funding estimates and terms such as return on investment, business operations and exit strategy will vary.

General Range of Investment
$100,000 to $1.5 million

Companies Suited For
Seed to early stage companies.

Additional Information and Questions
If you are interested in leveraging the Central Coast Capital Network or have questions, please contact Mike Manchak (805) 788-2012.

 


 

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