Increasingly, we're hearing from entrepreneurs that have received interest from an outside investor or are just about to approach investors and they want us to "take a look" at their deal. They're not necessarily looking for funding from us, but just want an informed opinion as to whether the terms on the table are fair, or customary. Or maybe they've never raised money before and just want to understand the process.
We're happy to do that!
Everyone Network: For a limited time there is NO FEE to join the FI Everyone Network.
FI Accredited Network: Membership is $1,000 per year, or $1,500 for two years. New investors also incur a one-time $500 registration fee. The year starts on your join date. After signing up, we will invoice you.
Like most angel groups, we charge fees to offset the costs of deal acquisition, review, and communication; due diligence; investor coordination and education; and our unpaid work in foodshed ecosystem development.
There is currently no charge to apply for funding. Once your application is received we will review it against our qualification criteria. Should there be a fit, we charge a one-time on-boarding fee to cover the administrative cost of formatting your offering into our "Investor Interest" email and circulating it to our Investor and Syndicate Networks. We never charge a "success fee" based on the size or outcome of your raise. In addition to our fees, companies raising money can expect other 3rd party fees.
FI charges a simple monthly retainer for Advisory Services. The amount of the retainer varies by client, dependent on the complexity and effort of the expected work and the client's stage of business.