Maximize Angel Investments Orlando, Inc. (the Company or Association) is a highly selective membership association (the Angel Network) which exists to fill the funding gap for early stage entrepreneurial enterprises by facilitating the introduction of entrepreneurs and potential angel investors within a professionally structured and managed environment. 

The Company is a membership dues supported association consisting of individual angel investors (Angels).  The Association is focused on potential investments in the following eight tracks:

1.    Software

2.    Life Sciences

3.    Clean Tech

4.    Information Technology

5.    Entertainment

6.    Mobile-wireless

7.    Internet

8.    Retail

Angels must have prior experience in one of these eight tracks or a strong desire, willingness, and capability to learn substantive components of any track in which they choose to invest.

Obligations of the Company to the Angels include:

§       Create Deal Flow  by marketing the Angel Network into the community

§       Actively search out entrepreneurial enterprises for investment consideration

§       Perform initial screening of applicants seeking funding

§       Identify potential investment champions

§       Provide angel investment training for Angels

§       Build relationships with Venture Capital, Private Equity, M&A, Strategic Buyers, etc.

§       Attract new members to increase depth and diversity of knowledge in the network

§       Attract new members to increase critical membership mass to ensure the best deals are funded

§       Organize ten monthly association presentation meetings and two semiannual social events

§       Manage and maintain the Company website

HOW DO I BECOME AN ANGEL?

Angels must qualify as an Accredited Investor:

An accredited investor as defined under Rule 501 of the SEC regulations, which defines an individual accredited investor as: Any natural person whose individual net worth or joint net worth with that person's spouse at the time of his purchase, not including home value or home mortgage liability, exceeds $1,000,000; OR Any natural person who had an individual income in excess of $200,000 in each of the two most recent years or joint income with that person's spouse in excess of $300,000 in each of those years and has a reasonable expectation of reaching the same income level in the current year

OR, I have such knowledge and experience in financial and business matters to be capable of evaluating the relative merits and risks of any investment.

Angels must agree to abide by the terms and conditions of the Association Membership Agreement.

Angels must pay an annual membership fee.

PROCESS FOR MEMBERSHIP QUALIFICATION:

Qualifying individuals are invited to consider becoming an Angel member of Maximize Angel Investments Orlando, Inc.  Membership is at the discretion of the Membership Committee (Committee) and is subject to annual renewal, non-renewal, revocation or termination by the Committee.

Interested parties must complete the Membership Agreement and Membership Survey, then submit the same as directed on the Membership Agreement.

The Membership Committee will review all applications for membership and endeavor to provide applicants with a written response within thirty (30) days of completed application submission. (Checks submitted for payment will be held for processing until after the association membership has been approved.)

Association membership may be terminated or revoked at the discretion and determination of the Committee should it be determined that an Angel has breached any of the terms of Association Membership. Any offending Angel will be notified in writing by the Committee of the intent to terminate or revoke Association Membership, and the on-notice Angel shall have thirty (30) days in which to submit a written response to the Membership Committee, should the Angel deem his/her actions or inactions do not warrant or qualify for termination or revocation of an Angel membership. The Committee shall consider, in good faith, within sixty (60) days of receipt of Angels written response.  The decision of the Committee is final.

WHAT ARE THE BENEFITS OF ASSOCIATION MEMBERSHIP?

Angels will gather for 10 monthly association dinner meetings at which presentations from two to four pre-screened companies will be made for investment consideration. Afterward, there will be time for discussion of Angels observations and analysis. (Dinner, two drinks and parking are included as part of the membership fee)

In addition, 2 annual association social events for Angels and their spouses (included as part of the membership fee) will be organized.

These gatherings present an opportunity for Angels to interact with other angel investors who are experienced in working with early stage companies.

Angels will have exclusive access to the "Angels Only" section of the website, which includes:

§       Access to all deal flow through the Company's website

§       Copies of all presentations and materials provided at the meetings

§       Angel Discussion Areas for confidential online forums to discuss or comment on business plans, companies and general angel investing topics with other Angels

Angels will have exclusive access to educational programs in:

§       Term Sheets

§       Balanced Investment Portfolios

§       Case Studies

§       Due Diligence

§       How to structure investments to receive income tax benefits

§       Other topics in angel investing

Best-practice sharing of investment tips and documents.

Angels will have access to enhanced Deal Flow created by the Company's marketing efforts and the pooling of the Angels contacts and influence.

§       The Company will conduct early stage vetting of all investment seeking applicants to determine their viability.

§       When an applicant passes the first test, the Company management will match the applicant with selected Angels to evaluate whether the network has an interest in further pursuing the applicant.

§       When an Angel thus selected agrees that the applicant has an investable grade company, the matched Angel will become the applicant's Champion.

The Company management will work with both the applicant and the Champion to prepare the applicant for a professional presentation to be conducted at a future monthly Angel presentation meeting.

The Company will build relationships with other angel networks with the objective of wider syndication opportunities for investments deals.

HOW WILL THE COMPANY ASSIST WITH EXIT STRATEGIES?

The Company will build relationships with all sources of investment harvesting opportunities. These relationships will include:

§       Venture Capital firms

§       Private Equity Groups

§       M&A firms

§       Investment Bankers

§       Strategic Investors, etc.