What does it mean to join Heartland Angels? We describe what angel groups are, how Heartland Angels is different, and what the membership requirements are.

1. New Member Informational Deck

2. What does an angel
group do?
• It reviews, qualifies and
invests together in LLC
funded startup
companies, combining
member skills and
benefiting from each
other’s knowledge and
experience.

3. What does the
government require to
be an angel investor?
• Net worth, excluding your
house, of $1M
• Annual income of $200K
($300K for husband & wife)

4. Angel groups
operate differently.
• As long as the annual
membership due is paid, a
Heartland investor can pass on
every offered monthly startup
deal.
• Some angel groups require a
minimum number of yearly
investments.
• In others, you must contribute
X amount to a pool which is
invested by majority vote.
Look for the right fit!

5. What are the
membership
requirements?
• Heartland Accredited Membership
dues are $2,000 annually
• The investment minimum for
companies that you do decide to
invest in is $10,000 each
• There is no minimum required
investment per year
• You do not need a current member
to recommend you
• You do not need a specific amount of
investing experience

6. How do you connect
with other members?
• At Heartland, there are monthly
startup presentations, group
phone calls about potential
investments, committee meetings
and occasional social events.
• How time-consuming is Heartland
angel investing?
• Spend only 2 to 3 hours
attending all or only a few of
the monthly presentations.
• Or spend more time each
month as part of the group
that analyzes and digs deeply
into the feasibility of investing
in the startup that presented.

7. What’s the process for
reviewing a new startup?
• At Heartland, the evaluation
procedure to fund a startup
is a detailed, comprehensive,
lengthy process.
• It doesn’t guarantee a
startup’s success, but it
reduces the risk of investing
in a poorly thought out or
managed startup idea.
• Initial Screening
• SWOT Analysis
• Group
Discussions
• Phone Calls
• Due Diligence

8. Rewards of an
angel investment
• A successful startup can return
3x, 10x or even 100x of an
investor’s original money.
• Investors, of course, all hope for
the next Google or Apple.
• However, some startups fail and
investors lose all of their original
funding.
• Investing in individual startups is
a risky undertaking. To minimize
this risk, you need gradually to
build a diversified portfolio by
investing in 20 to 30 startups.

9. Benefits of
membership
• At Heartland, it’s not just
about money, but it’s
about getting to know
other professionals and
forming new friendships
• We offer abundant
volunteer opportunities
for you to use your
expertise
• Heartland is a unique
experience for learning,
investing, helping startups
grow and enjoying
business camaraderie.

10. Contact Info
http://www.heartlandangels.com
Info@heartlandangels.com
847-675-3057
Heartland Angels, Inc.
c/o Ronald L. Kirschner, M.D.
5300 Galitz Street
Skokie, IL 60077
USA