GRAND STRAND ANGEL NETWORK
"Where Locals Invest Locally"
The Grand Strand Angel Network (GSAN) is a group of accredited investors from the greater Grand Strand area with a focus to evaluate, fund, and mentor local pre-seed and seed stage companies. Through our partnership with eMYRge, we will be able to identify technology based, innovative, scalable companies that have the potential to disrupt existing markets or create new ones.
GSAN will be a Network-only group and not a committed Angel Fund. Our members will be presented with investment opportunities in a coordinated process where they make individual decisions on whether to invest or not.
We expect initial transaction size to range from $25k-$100k, with the understanding that further capital may be needed. We will not preclude any qualified companies needing more capital that fit our investment criteria from being considered by GSAN. The final decision to invest is up to the member(s).
HOW DOES IT WORK?
- eMYRge will vet and prepare founders to determine which companies should be sent to GSAN for consideration. All companies must complete an application to receive funding.
- GSAN will conduct its own screening process to determine which companies will present at the monthly meetings.
- Once interested Members have been identified, GSAN will help manage and facilitate the deal to make sure the process is moving. Our investment process will be efficient allowing transactions to be completed within 4 months.