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Our Philosophy
and Practice:
Transcending the Angel Fund Role
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Aurora Angels itself is primarily an angel fund looking to provide investment capital.
But it is also uniquely positioned to offer extra
value to entrepreneurs over and above investment of funds should a
start-up company desire such. Many members of Aurora have direct and
significant operational experience.
To
realize the full commercial potential of technical breakthroughs, a
start-up company needs business acumen, effective execution, and a network
of supportive relationships. Many members of Aurora Angels possess
many decades of technical and business experience with both small and
large companies, both in North America and internationally. They have lead
or participating in companies advancing from the idea level past initial
public offerings or acquisition. Where
appropriate, we provide direct and substantial amounts of advice as
mentors, and may be willing to sit on boards in our individual capacities
in order to lend credibility and be involved in:
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Technology
Transfer |
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Strategic directions setting, |
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Acting as a catalyst to attract qualified
management and boards, |
 | Introducing companies to additional
corporate development sources provided by university, federal, state
and local support organizations; |
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activating our networks to establish or cement relationships.
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If
your company is on the technical leading edge but perhaps does not
have the full complement of experience to kick-start the various functional
aspects of a nascent enterprise such as HR, recruiting, finance, accounting,
legal, sales and marketing, Aurora is the perfect partner.
Through our affiliation with the Michigan Technological University
and Michigan Tech Smart Zone , consultants with an impressive
amount of operational experience and a business methodology can be
brought to bear to provide advice and direction as to how functional
areas of the company should be organized. This allows your company
to leverage a great deal of sophisticated experience inexpensively,
while only hiring persons on a full-time basis as needed for day-to-day
operations.
Starting
on a certain continent should not limit your expansion to others.
Aurora Angels enjoy a network of contacts in North America and
internationally and can assist your company in establishing a bridgehead
across the continent in either direction. |
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