halo - Business Angels
WHAT IS A 'BUSINESS ANGEL'?
A 'Business Angel' is a private investor who contributes:
- Financial Support
- Experience
- Expertise
- to businesses with growth potential.
Business Angels, regardless of age, have capital, experience and expertise they are willing to invest. They normally want to buy into a small firm where they can benefit from a sound investment return, while also being able to play a part-time role in advising the business.
Most Business Angels find their prospective partners by chance or through previous business contacts. halo aims to make the match more efficient, effective and right for you.
halo will create the platform to introduce those who can and are willing to supply the right ingredients to those enterprises and entrepreneurs in need of such resources.
As a Registered Investor with halo you get access to amibtious companies, with growth potential, you get access to ambitious companies, with growth potential, that are seeking private equity finance and other expertise and skills. You have control of the process and your details remain confidential until you agree that your details can be released to companies.
To get this process started we will request some initial detail from you in order to better understand the type of business that you are interested in. This detail is used to match your requirements to appropriate companies.
We also agree a brief profile with you. This profile is only sent to companies when you decide that you would like to meet up with them.
The Business Angel Network service is available to both individual investors and groups of investors.
EXISTING MEMBERS: -Members Log In
HOW TO BE A BUSINESS ANGEL
Investing in companies is high risk and we will require Business Angels to meet certain criteria established under the Financial Services and Markets Act 2000. Becoming a business angel (or member of halo) will be restricted to those who qualify under the law as Sophisticated Investors or High Net Worth Individuals.
A certified Sophisticated Investor is a person who:-
- has a current certificate signed by an authorised person to the effect that they are sufficiently knowledgeable to understand the risks associated with this type of investment; and
- has signed a statement in the last twelve months in the form prescribed by Article 50(1)(b) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2000
A certified High Net Worth individual is a person who:-
- has a current certificate of high net worth signed and dated by their accountant or employer in the last twelve months stating that such a person had, during the financial year immediately preceding the date of the certificate, an annual income of not less than £100,000 or held net assets to the value of not less than £250,000 (excluding primary residence); and
- has signed a statement in the last twelve months in the form prescribed by Article 48(2)(b) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2001
If you meet either of the above criteria, you are now in a position to complete the appropriate form (available below for download). When you have completed the registration, signed the appropriate form and had the authorised person/accountant or employer sign the certificate, you should forward the originals to halo for our consideration.
halo documents:
Regsitration form.doc
MS Word document registration containing halo terms and conditions.
Pro-forma Certificate re: Sophisticated Investor
MS Word document of a pro-forma certificate re: Sophisticated Investor.
Sophisticated Investors
MS Word document template of a statement of being a Sophisticated Investor.
Pro-forma Certificate of High Net Worth.doc
MS Word document of a pro-forma certificate of High Net Worth.
High Net Worth Individuals
MS Word document template for a statement of a certified High Net Worth individual.
CONFIDENTIALITY
Confidentiality is critical throughout the process to protect the integrity of everyone involved.
To download Investor Registration forms click here.