Delivered by Bill Murphy of Enterprise Angels.

1. FUNDING YOUR PROJECTMark Renner and Phil Taylor

2. SOURCES OF MONEY Friends and Family Bank Professional Investors/Funds

3. PROFESSIONAL INVESTORS Angel Investors Venture Capital Private Equity

4. ANGEL ORGANISATIONS CAN HELP FILL CAPITAL GAP

5. SOURCE OF EQUITY FUNDS – TYPICAL YEAR New Company Formation

7. 29 have received investment from offshore investors

8. 23 emerged from either universities or Crown Research Institutes, and 19 have been part of business incubators

9. Auckland is home to 53 of the companies, with Christchurch hosting 16

10. 9 have been sold and 7 have been written off or liquidated

12. 1 or 2 of every 10 investments brings most of return

13. Hard to tell which companies will return

14. Angels looking for 10 to 30X potential

16. BioPacific Ventures

17. University commercialisation arms

18. NZ Venture Investment Fund

21. Convertible note?Board seat Protective provisions Drags/tags Pre-emptive rights Exit