IN A TOUGH ECONOMY, ANGELS INVESTORS ARE MORE CAUTIONS THAN EVER
BUT IT'S STILL POSSIBLE TO FIND FUNDING
Where would you be without angel investors? In 2008, 287,350 angels pumped $46 billion into 64,136 companies, making these wealthy individuals the single largest source of start-up capital. Their money comes from their investment portfolios, and theirs, just like yours, have been hammered. Even in a tough economy, deals can still be done. Many angels are entrepreneurs themselves. They usually want to be involved in the business in which they invest; either directly or as a mentor. There will usually be an agreement to pay the money back to them at some future date. There are many options and advise from business professionals should be sought. 500i.com personally refers investors - business angels to privat persons based on the following criteria: compatibility, skills, experience and the amount of finance required.
The information Business Angels ask is: 
Your background or your business history - to give the angel investors confidence in your abilities.
What is your business idea about.
What are your growth plans - how will you deploy the angels funds?
How can an investor help - how will you use the angels skills and network.
Only when the requests of the businessplan and the angel match will details be given. They are given to the angel who will then decide to contact you or not. When you communicate with business angel you will need a sound business plan, your business history, your ability to demonstrate your skills and commitment to succeed. Angels expect you to have a clear idea about what the funds you ask for will be used for. The skills of our people are our best guarantee of future prosperity - and the best investment a business can make in challenging times. We must not pay the price of failing to invest in the very talent on which our future will be built. We also know that, even in tough times, attracting the best people is vital for the success of businesses.
NEVER DEALT WITH AN ANGEL? HERE'S WHAT YOU NEED TO KNOW
Even in hard times, a smart angel will not pass up the chance to back a promising business. Don't expect much tolerance for missteps. All the old rules for pitching angels still apply-be succinct and avoid jargon.
