Activate Angels: Angel Group support
Call for Proposals are now open for Stream 3: Activate Angels: Angel Group support.
Angel investors play a critical role in supporting entrepreneurs and early-stage businesses to commercialise innovative products and services.
Active and well-coordinated angel groups contribute to startup ecosystems by providing:
- Investment from members
- Strategic and operational expertise into investee companies
- Access to trusted networks and target markets.
The Activate Angels initiative will provide operational support to establish a strong and highly active local angel group that will raise awareness of angel investing, facilitate education and improve the investor-readiness of startups. A competitive application would commit to delivering the following:
Develop and nurture a community of investors
Develop the knowledge of, and skills in, early-stage investing
Develop relationships with interstate & International investors
Identify and curate a pipeline of investible companies
Provide a referral service of investees to specialists
Please refer to Section 3 of the RCSF Guidelines including any additional Eligibility Criteria for Stream 3 – Entrepreneurship and Innovation Ecosystem Initiatives.
A total funding pool of up to $450,000 over three years has been allocated to Activate Angels in this call for proposals. Funding will be provided on a matching 1:1 basis (there will be a preference for cash over in-kind support).
Proposals close midday (12pm) Friday 20 December 2019.
Read the Activate Angels: Angels Group Support Application Guidelines and the RCSF guidelines to determine your eligibility.
Questions or queries can be directed to RCSFcontact@sa.gov.au.
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