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If you happen to be an emerging business with the subsequent excellent item, occasionally you require an angel on your side. A study by the University of New Hampshire's Center for Venture Research showed that "angel investors" - high-net-worth people prepared to invest in entrepreneurial companies at an early stage - shelled out more than $18 billion into early-stage companies last year alone, compared to $304 million by venture capitalists. Finding an angel investor, nonetheless, is not an effortless job. Safer Smokes Inc. is one firm that understands the challenge of attracting the proper investors. This development-stage company is tapping the smoking cessation industry with a special tobacco-free of charge, nicotine-free of charge smoke named Bravo, which has the look of a classic cigarette and burns like tobacco, but is in fact made from lettuce fibers. v2 cigs coupon "Bravo lets you smoke your way out of the tobacco habit gradually," mentioned Puzant C. Torigian, chief executive officer of Safer Smokes. For businesses like Safer Smokes, it could be as well soon to method large venture capital companies, but time to move beyond networking with family members and friends. Angel investors to the rescue. v2 cigs coupon "The challenge for raising capital in today's market place is in harnessing the courage and vision of the angel to see via to the true investment chance," mentioned Torigian. So how do businesses like Safer Smokes attract their angel? * Have a clear-reduce target industry for your product or service. For instance, Safer Smokes is targeting the smoking cessation industry, which has sales approaching $10 billion per year, up from $6 billion just three years ago. Most angel investors prefer organizations that are probably to display positive money flow inside their 1st 18 months, so possessing these types of statistics about your market can be an incentive. * Match the company strategy objectives to the angel's danger tolerance. Investors want to know the product or service will be special and nicely-cultivated. Safer Smokes has a patented resolution that company officials say will "impact the landscape of the wellness care business."