Our Process
Application
You can apply through Gust. Please attach a pitch deck, cap table, historical financials, pro forma, and term sheet (if applicable). Applications are internally reviewed before scheduling a screening call. We accept applications on a rolling basis.
Screening
The Screening Committee is a group of member volunteers responsible for increasing the quality of investment opportunities for the broader organization while providing useful feedback to entrepreneurs seeking financing. These are typically held on Friday mornings, with two to three monthly screening calls.
Format: 30-minute remote call || 10-15 minute presentation + 20 minute Q&A session.
Monthly Meeting
Each month, the screening committee selects two companies to present to the broader membership of 100+ investors. Founders are encouraged to present in person and network with our members after their presentations. Monthly meetings occur on the second Tuesday of each month (except December).
Format: 15 minute presentation + 15 minute Q&A with member networking
Due Diligence
Following the monthly meeting, we will collect interest and feedback from our members to determine the next steps. Companies that gain interest from our group members will participate in a due diligence call. Potential investors will ask questions during this call to complete their due diligence. Due diligence calls typically occur each month's 3rd and 4th weeks.
Format: One-hour remote call of member Q&A
Investment
After due diligence, we will ask all our members for their committed investment amount. Our team will help facilitate a smooth transaction between our committed members and the founder. Call for investment commitments typically occur each month's 4th and 5th week.
Additional Information
Due Diligence Fees
There is no application fee for a startup company who comes through our process. The Nebraska Angels, a not-for-profit organization, helps coordinate the collection of signatures and funds from members who make investments. To offset the cost of processing the transaction, we request companies that receive investments greater than $200,000 by the Nebraska Angels, excluding an investment from Invest Nebraska, to contribute a one-time payment of $2,000. This will help ensure that the organization will be available to assist with the collection of investments, utilizing our Special Purpose Entity, and providing startup resources like our job board.
