Central Illinois Angels

Overview

Central Illinois Angels is a membership-based angel investment organization composed of business leaders and professionals in Central Illinois. The organization focuses on providing equity to opportunities that show a promise of significant return to its members. Since its inception in late 2009, Central Illinois Angels has invested over $20 million in various portfolio companies. The group seeks companies with strong management teams, relevant experience, and a clear exit strategy for investors. Additionally, they value entrepreneurs who are open to advice and coaching from investors and have valuations that align with the group's risk/reward expectations. The organization's mission is to assist early-stage companies by providing investment capital, contacts, strategic advice, and mentoring. They work with promising startups to offer expertise and assistance, facilitating regional economic growth through the combined knowledge of their members. Central Illinois Angels utilizes a structured deal flow process that begins with screening the company, continues with the due diligence process, and is maintained in working with the company after an investment has been made. They strive to generate value for the companies they invest in, for their members, and for the local economy through mentoring and expertise. Central Illinois Angels is a member-led organization guided by a Board of Directors. While it is member-managed, the organization relies on staff support for various screening and administrative activities. The group is committed to fostering regional economic growth by connecting entrepreneurs with potential investors and providing the necessary resources to help early-stage companies succeed. Their focus on mentorship and strategic advice sets them apart as a valuable resource for startups in the Central Illinois region.

Investment Focus

• Accredited investor status
• Active participation in meetings and committees
• Willingness to serve as investment champions
• Agreement to abide by membership terms
• Annual membership fee of $1,000
• Encouraged to invest $50,000 in the first three years of membership