4:58PM 18th May 2010
Innovation Bay Angel Dinners bring together up to 40 active investors with deep industry knowledge in the technology arena. We don’t believe in dumb money, we believe that funding should bring direct product/market knowledge, contacts and the capability to help you build your company outside of just cash.
To date, our Angel Dinners, have raised just over $5m in seed funding over the last three dinners, with most of the investors assuming board seats in these companies. Funds raised have varied from $250,000 to $2m. The people who attend our dinners are passionate about building a viable entrepreneurial technology ecosystem in Australia, they are supportive and constructive and can help you not only expand the business, but shape the product or service and leverage key contacts. Innovation Bay is where the passion, smart money and networks are found.
We limit the number of people able to pitch at each dinner to three. Those attending the dinner, vote prior to the event on which companies they want to see. The companies with the highest number of votes get to pitch. We encourage our members to engage with anyone who has submitted a pitch via supplying all contact details, this is about collaboration not exclusion. Your pitches will remain up on our website for as long as you would like. Members provide comments on each pitch, so you get real feedback even before the dinner on what people like and want to know more about.
Submit your 90 second video elevator pitch via info@innovationbay.com (subject line: ipitch) by 23rd May 2010.