Power of Angel Investing: An Overview Seminar

April 30, 2010

A faculty of experienced angel investors, serial entrepreneurs and expert service providers delivers the seminar.  Plenty of time is available for meeting other attendees and faculty throughout the day and in an evening cocktail reception.

The Arizona Technology Investor Forum (ATIF), MIT Enterprise Forum Phoenix, Invest Southwest and TiE Arizona are pleased to host a full-day seminar on angel investing to the Phoenix community. This workshop was developed by the Kauffman Foundation, the leading center for entrepreneurial education in the country, and is now offered by the Angel Capital Education Foundation. This seminar has been delivered on over 100 occasions in four countries. This is the first time the program has been offered in Phoenix.

Who Should Attend

• Successful entrepreneurs who have exited their businesses and have interest in staying involved in early stage companies
• High net-worth individuals with senior business/entrepreneur experience who now have the time and interest in investing in early stage companies
• Investors who are interested in learning more about investing in seed and early stage technology companies.

Subjects Covered in this Curriculum

• How angel financing fits in
• Is angel investing right for you?
• Angel portfolio strategy
• Due diligence
• Structuring the deal
• Valuating startup companies
• The post-investment relationship

Seminar Faculty

This seminar features local experts in high growth ventures and early stage investing opportunities, including seasoned angel investors with diverse investment experience, tax and legal experts, and angel-financed entrepreneurs. They will be led by Lead Instructor Steve Mercil, the founder, President and Chief Executive Officer of RAIN Source Capital, an organization that forms and manages a network of local, statewide, and multi-state angel funds.

Mercil is on the Board of Directors of the Angel Capital Association and the National Association of Seed and Venture Funds.  Mercil is a principle in the InvestAmerica NW, LLC, the General Partner of Invest Northwest, LP, which is a venture capital fund focused on middle market and later-stage companies located in Iowa, Minnesota, Montana, North Dakota, Oregon, South Dakota and Washington. He has a master’s degree in statistics and measurements and a bachelor’s degree in biology from the University of North Dakota.

Agenda

7:30am – 8:00am            Registration and Continental Breakfast
8:00am – 8:25am            Welcome and Opening Remarks
Session I
8:25am – 9:00am            How Angel Financing Fits In, Presentation and Q&A
9:00am – 9:25am            Is Angel Investing Right for You, Panel Discussion
9:25am – 9:55am            Angel Portfolio Strategy, Panel Discussion
9:55am – 10:15am          Break
Session II
10:15am – 10:40am        Overview of Due Diligence, Presentation
10:40am – 11:10am        Discussion of Due Diligence, Panel Discussion
Session III
11:10am – 12:00pm        Structuring the Deal, Panel Discussion
12:00pm – 1:00pm          Lunch – Provided
Session IV
1:00pm – 1:30pm            Valuation Methodologies, Presentation
1:30pm – 2:50pm            Break-out Group Case Discussions
2:50pm – 3:10pm            Break-out Group Case Presentations
3:10pm – 3:30pm            Case Studies and Valuation, Panel Discussion
3:30pm – 3:45pm            Break
3:45pm – 4:00pm            The Post Investment Relationship, Presentation
4:00pm – 4:45pm            The Post Investment Relationship, Panel Discussion
4:45pm – 5:00pm            Closing Comments

Location

Hilton Scottsdale Resort
6333 North Scottsdale Road, Scottsdale, Arizona

Cost

The registration fee for this seminar is $250.00.

Accredited investors that are members of ATIF, MIT Enterprise Forum Phoenix and TiE Arizona can attend the event for free.

Registration

Registration is required and will be taken on a first-come, first-served basis.  Seating is limited to 40.

All attendees must certify that they are accredited investors in accordance with Regulation D of the Securities Act of 1933, but no prior angel investing experience is required.

Questions

Please direct all questions to Jim Goulka at jegoulka@lonemountain.net or 602-463-0844.

Apply to Present at the May 2010 ATIF Investor Meeting

ATIF, the Arizona Technology Investor Forum, is now accepting submissions from early-stage Arizona technology companies interested in presenting at its May 21, 2010 Investor Meeting. ATIF connects technology ventures in Arizona with active investors. ATIF has invested over $2.3 million in eleven ventures over the past two years.

When: Submissions are due April 30, 2010

What:  Process to submit your company to ATIF for its quarterly meeting of investors

Where: Companies can submit online: http://angelsoft.net/angel-group/atif

To be qualified for consideration, submitting ventures must be based in Arizona, a technology company that’s either in start-up phase or early stage, and seeking investments of up to $500,000. All companies are required to provide a business plan, financial plan, executive summary and an investor presentation.

The ATIF Selection Committee will evaluate all submissions during the month of January in preparation for the May Investor Meeting. Applicants will be notified by May 5, 2010, of the results of the Selection Committee, and finalists will present to ATIF members on Friday, May 21.  Prior to the investor meeting, finalists will work closely with an ATIF due diligence team in preparation for their presentation.

Early stage technology ventures that are interested in the ATIF submission process can learn more at http://atif-az.org/entrepreneurs.

About ATIF

The Arizona Technology Investor Forum (ATIF) is an active community of accredited investors who invest in early-stage technology companies based in Arizona. ATIF was founded in 2007 and has quickly become an important resource for new technology ventures that are the future of our local economy. Since May 2007, ATIF members have invested over $2.3 million in Arizona-based technology ventures that have presented at ATIF meetings.

Southwest Regional Angel Summit – March 21-22 in Tucson

Angel Investors in the Southwest,

The Desert Angels is once again hosting the Southwest Regional Angel Summit in Tucson, Arizona.  The Summit will take place on March 21-22, 2010.  Angels from around Arizona, as well as Southern California, Nevada, and New Mexico, have agreed to participate in our 3rd annual summit.

Please join fellow angel investors from across the Southwest to discuss key angel issues, including deal syndication, term sheets, developing a regional deal database, and receive updates on the state of follow-on VC funding.

March 21-22, 2010
Lodge on the Desert
306 N Alvernon Way
Tucson, AZ 85711

Register Today at: http://www.tfaforms.com/142362

Special group rate of $129/night available for Summit participants. Visit www.lodgeonthedesert.com and use Group Code ANGEL to reserve your room at the special rate.

Golf Tournament
Sunday, March 21st
Skyline Country Club
$66 fee

If you have any questions, please contact me directly. Thank you.

Bob Morrison
Director, Desert Angels
bob@desertangels.org
(520) 490-8137

ATIF Announces New Leadership, Growth Plans

PRESS RELEASE

Arizona Technology Investor Forum Becomes Separate Entity from ASU, Names New Director and Announces New Initiatives

(Tempe, Ariz. – Nov. 12, 2009) – The Arizona Technology Investor Forum (ATIF), an angel investment group focused on early stage technology companies, announces the organization has spun off from ASU and is focused on growing its presence and influence in Arizona. As part of the transition, ATIF named Paul Winandy, experienced investor and entrepreneur, as the organizations’ new director. Paul replaces Tom Duening, who founded ATIF in 2007. Duening left the Fulton School of Engineering at ASU to take a new position with the University of Colorado at Colorado Springs.

“I’m excited to say that Tom Duening, our members, and key Fulton School faculty have embraced this change as an opportunity to grow ATIF and continue our mission for investors and tech entrepreneurs in Arizona,” said Paul Winandy, director of ATIF. “We look forward to an exciting new year for entrepreneurship and innovation. You can bet ATIF will be at the heart of some of Arizona’s most exciting ventures in 2010 and beyond.”

Paul Winandy has been a leading contributor to four successful startup businesses; two of which were named to the Inc. 500 list and concluded with acquisitions by public firms. Tom Duening remains an emeritus member of the ATIF board of directors. Additionally, the new board consists of some of the most influential investors and businesses people in Arizona including:  Nicholas Aretakis, Arkayne; Ed Hall, Associate Dean in the Fulton School of Engineering; Michael Hool, Hool Law Group; Chuck Jirauch, Quarles & Brady; and Rob Logan, ShaMac Holdings.

Additional exciting changes at ATIF include:

• A new website: www.atif-az.org is the official website of ATIF. The new site contains important information for both entrepreneurs and investors.

• ATIF will now have four Investor Meetings a year (previously three meetings) to allow more startups to present to ATIF members.

• ATIF is now an independent, non-profit organization that still has tie to ASU but operates under it’s own private management.

• ATIF is aiming to partner with all major investor and entrepreneurship organizations to create more opportunity and growth to the states’ business community.

About ATIF
The Arizona Technology Investor Forum (ATIF) is an active community of accredited investors who invest in early-stage technology companies based in Arizona. ATIF was founded in 2007 and has quickly become an important resource for new technology ventures that are the future of our local economy. Since May 2007, ATIF members have invested over $2.3 million in Arizona-based technology ventures that have presented at ATIF meetings.

ATIF Meeting Schedule for 2010

This is the meeting schedule for ATIF members for 2010 and the remainder of 2009.

Apply to Present at October Investor Meeting

June 15, 2009

ATIF, the Arizona Technology Investor Forum, is now accepting submissions from early-stage Arizona technology companies interested in presenting at its October 2, 2009 meeting.  ATIF, an angel investment group connected with the ASU Ira A. Fulton School of Engineering, connects technology ventures in Arizona with active investors. ATIF has invested over $2 million in seven ventures over the past two years.

When: Submissions are due August 17, 2009

What:  Process to submit your company to ATIF for its quarterly meeting of investors

Where: Companies can submit online: http://angelsoft.net/angel-group/atif

“ATIF members are accredited investors, most of whom live in the Valley. They have strong interest not only in investing in worthy technology ventures, but also in seeing their investments create new economic opportunities in the community,” said ATIF director, Dr. Thomas Duening. “To make that happen, many take active roles in the ventures in which they invest. I would encourage any technology venture seeking capital to find out if ATIF is the right organization for them.”

To be qualified for consideration, submitting ventures must be based in Arizona, a technology company that’s either in start-up phase or early stage, and seeking investments of up to $500,000. All companies are required to provide a business plan, financial plan, executive summary and an investor presentation.

The ATIF Selection Committee will evaluate all submissions during the month of September in preparation for the October Investor Meeting. Applicants will be notified by September 14 of the results of the Selection Committee, and finalists will present to ATIF members on Friday, October 2.  Prior to the investor meeting, finalists will work closely with an ATIF due diligence team in preparation for their presentation.

Early stage technology ventures that are interested in the ATIF submission process can learn more at: http://atif.asu.edu/entrepreneurs.php.

About ATIF

ATIF is a non-profit entity associated with ASU’s Ira A. Fulton School of Engineering and its Entrepreneurial Programs Office (EPO). Its mission is to generate a new wave of technology entrepreneurship by providing needed seed or early-stage funding for qualified ventures. Limited to Arizona-based companies, and investments of $50,000 to $500,000, ATIF provides the fuel for early stage ventures to achieve critical milestones and refine business models.