To proceed in our application process please visit our ProSeeder page.
- Proven entrepreneurial team with relevant industry experience
- Defensible and unique idea and business model
- Paying customers or significant market traction
- Fundable and scalable business model
- Thoughtful exit strategy
After the application deadline, typically 8-12 deals will be selected for screening. Our screening process lasts about four weeks and is done via teleconference (or another virtual medium). At the end of this process, 4 deals are usually selected by our Screening Committee to present to the Baylor Angel Network. All presentation meetings take place on the Baylor University campus on a Friday. This 30 minute presentation allows 15-20 minutes to present the business and 10-15 minutes of Q&A. We also invite you to join our angels for lunch.
Following the presentation, our members choose the deals they wish to pursue and a teleconference will typically be scheduled to discuss next steps. If the company has at least $100k in soft interest, the due diligence process will begin. After completion of due diligence, individual funding decisions are made by each member.
The due diligence process is important but also unique to each deal. If the company has at least $100k in soft interest, the due diligence process will begin.
If you currently have a lead investor in this round who has completed due diligence, our members would like to review these materials. If you have not gone through the due diligence process for this round, please see and example of our due diligence checklist here. After completing due diligence, individual funding decisions are made by each member.