Heartland Angels Inc : Private Equity Network

Start-Up Companies — Preferred Company Profile

The network considers requests for investments in the range of $250,000 to $2,000,000. Investments outside this range will be considered on a case by case basis. All potential investments are put through our Evaluation & Funding Process.

To join the network and be considered for investment funding, please submit your company profile. Our preferred company candidate for investment will demonstrate:

  • A unique technology, process, or program in the following areas:
  • Significant competitive barriers that favor the company
  • A 3–7 year exit strategy
  • Realistic expectations of significant near term and long-term growth
  • Corporate operations within a 300 miles radius of Chicago
  • Its plans, records and documents maintained in a manner that allows for a due diligence process
  • A management team capable of moving the business through the early stage growth process. The management team will have the following attributes:
    • Competence
    • Perseverance
    • Track record
    • Decency
    • Personal financial commitment of their own net worth
    • Burning desire to succeed
  • Well-defined Intellectual Property portfolio or clearly established product innovation (at the prototype or later stage)
  • The potential to achieve early milestones leading to demonstrably increased valuation
  • A market strategy that enables the business to succeed without a committed and costly national sales structure
  • A growth strategy that allows for incremental funding based on performance

The greatest opportunities lie in innovations in which there is a convergence of technologies and a potential for vertical integration.


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