A SHORT PROGRAM TO EDUCATE UPCOMING ANGEL INVESTORS IN ATLANTA AND CONNECT THEM WITH DIVERSE FOUNDERS

What would happen if you found awesome professionals in Atlanta, put them in the same community, trained them on the basics of angel investing and then connected them to dope diverse-led startups?

For the 2024 edition, we’re doing this in conjunction with our ATL BLK TCH program and have partnered with 1248 Angels, the Atlanta Chapter of BLCK VC, and the Center for Black Entrepreneurship in order to drive investment for more Black founders. Thanks to Kapor Center, Emory’s Philanthropy Lab, and the Community Foundation of Greater Atlanta’s GoATL Economic Inclusion Fund for the funding to launch this program.

This is innovation done right.

WE’RE LOOKING FOR THESE TYPES OF PROFESSIONALS

This program is for professionals that either qualify to be an accredited investor or expect to qualify in the next three years based on the following criteria:

Accredited Investors

Income Criteria: An individual with an annual income exceeding $200,000 (or $300,000 together with a spouse) in each of the last two years and expects to maintain the same level of income.

Net Worth Criteria: An individual with a net worth exceeding $1 million, either alone or together with a spouse, excluding the value of the person’s primary residence.

Professional Criteria: Individuals who hold certain professional certifications or designations, or who are knowledgeable employees of a private fund.

Non-Accredited Investors

Individuals who do not meet the income, net worth, or professional criteria outlined for accredited investors.

THE EXPECTATIONS

At the end of the day, we want to drive more angel investment in diverse-led startups. For the 2024 cohort, we are focused on startups with Black founders. We want graduates of this program to make an investment by the end of the year:

Accredited Investors

Investment: Invest at least $2,500 into a startup by the end of 2024.

Introductions: Make three (3) intros to potential customers for Atlanta-based Black-led startups.

Non-Accredited Investors

Investment: Investment at least $1,000 via crowdfunding platforms by the end of 2024.

Introductions: Make three (3) intros to potential customers for Atlanta-based Black-led startups.

WHAT YOU’LL LEARN FROM THIS PROGRAM

Foundational Knowledge

Gain a thorough understanding of the fundamentals of angel investing, including its risks and rewards.

Startup Evaluation Skills

Learn how to effectively evaluate startups’ business models, market potential, and key success indicators.

Due Diligence Expertise

Acquire the skills to conduct detailed financial, legal, and operational due diligence to identify potential investment risks.

Investment Decision-Making

Develop the ability to make informed investment decisions and understand essential deal terms and structures. 

Post-Investment Support Strategies

Learn strategies for providing valuable post-investment support and mentoring to help startups grow and succeed.

HOW THE PROGRAM WORKS

(Virtual Unless Noted | Dates Subject to Change)

APPLICATION PERIOD

July 30: Applications open

August 25: Application close

SESSIONS

Wednesday, August 28: Program Opening Session (Evening | In-Person)

Wednesday, September 4: Session #1 – Understanding The Startup Ecosystem (Evening | Virtual) + Office Hours (Scheduled On Your Own Time)

Wednesday, September 11: Session #2 – Evaluating Startups (Evening | Virtual) + Office Hours (Scheduled On Your Own Time)

Wednesday, September 18: Session #3 – Due Diligence Process (Evening | Virtual) + Office Hours (Scheduled On Your Own Time)

Wednesday, September 25: Making The Investment Decision #4 (Evening | Virtual) + Office Hours (Scheduled On Your Own Time)

Wednesday, October 2: Session #5 – Preparing To Make Your First Investment (Evening | Virtual) + Office Hours (Scheduled On Your Own Time)

Monday, October 7: Program Closing Session at Intentionally Good Summit Vol. III (In-Person)