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VANTEC-Life Science Angel Network Presentation Opportunities

November 4th,2008 through May 5th, 2009

Angel investors are accomplished entrepreneurs who make investments in early stage companies.  These investors truly wish to see young companies succeed and often provide mentoring advice as well as capital.  Local Angel investors began to meet as the Vancouver Angel Technology Network (VANTEC) in 1999.  Three years later, the VANTEC-Life Science Angel Network (LSAN) was formed to focus investor activities on young companies in the life and health sciences.  Since then, the life/health LSAN and the non-life/health VANTEC have alternated the first Tuesday of each month to introduce early stage investors and mentors to promising technology companies.  

The 30 to 40 Angels attending each LSAN are interested and knowledgeable about the life and health sciences industry.  Members are encouraged to invite other angels as the major advantage of this angel network is that its members are peers who share ideas, assessment and co-investing opportunities.  

Presenting companies can opt for one of two formats:

1.    Full 10-Minute Presentation – The company makes a 10-minute presentation followed by a 5-minute Q&A.  The purpose of the Full Presentation is to garner enough interest to obtain subsequent private meetings with the investors.  The company must have an angel sponsor (i.e. a current or potential angel investor) who introduces the company and also collects and manages the feedback after the company’s 10-minute presentation.  The company must present to the pre-screening panel which meets approximately 2 weeks prior to the angel meeting.

2.    5-Minute Snapshot – For companies who have presented before and who wish to provide an Update of their activities since their last presentation to the angel investors; or for new presenters who would like to use this 5-minute Preview to introduce their business opportunity and/or to seek mentoring help.  There is no Q&A.  There is no need for an angel sponsor.  There is no pre-screening process.
Since its inception, almost half of the companies who have presented to these angel investors have received financing.  According to a 2006 study by Rocket Builders, the mean amount of angel investment reported by a past presenting company was $250,000.  About 20% of these companies go on to secure venture capital; the total amount raised from these institutional funds exceeded $200 million.

For more information about the angel networks, please see www.wutif.ca/angels or contact Thealzel Lee at 604-839-5388 or via email tlee@rocketbuilders.com.  There is no cost to the entrepreneur as the VANTEC and the VANTEC-LSAN are generously supported by volunteers and sponsors Fasken Martineau DuMoulin, Ernst & Young, Corporate Recruiters, Technology Incentives, SFU and Rocket Builders.


Next LSAN meetings:

4th November 2008
6th January 2009
3rd March 2009
5th May 2009
Suite 900 - 1188 West Georgia St.
Vancouver, BC V6E 4A2