Accelerate Okanagan - OKGN Angel Summit

The OKGN Angel Summit is a 10-week program designed to educate investors and startup companies from across British Columbia. Through a guided process, angel investors receive training around the investment and due diligence process. This provides participants with a chance to actively learn how to vet companies, provide feedback, and perform due diligence in helping to support early-stage companies. Participating companies will learn about the capital raising process and how to effectively build relationships with prospective investors. At the end of the program, 6 finalists will pitch to an audience of community members. During this finale, a winner will be chosen to receive a minimum investment of $100,000.

The fund negotiates terms normally available to an angel. Ventures are preferred to come prepared with their own term sheet. Investments have been divided between preferred shares and common shares. SAFEs and convertible notes are an option. No board seats are required.