For Entrepreneurs
Who We Look For
CHAP is looking for early stage companies that have the potential to become $50 Million companies in 5 years, with a plan to get there. Your company should be incorporated, you should be in the process of putting your management team in place, and have an independent board of advisors who know the industry. You should have a 6-8 page Executive Summary of your Business Plan and a slide presentation which can be delivered comfortably in 20 minutes.
Things You Will Need to Cover
Your Executive Summary and Business Plan should cover:
CHAP is looking for early stage companies that have the potential to become $50 Million companies in 5 years, with a plan to get there. Your company should be incorporated, you should be in the process of putting your management team in place, and have an independent board of advisors who know the industry. You should have a 6-8 page Executive Summary of your Business Plan and a slide presentation which can be delivered comfortably in 20 minutes.
Things You Will Need to Cover
Your Executive Summary and Business Plan should cover:
- Brief description of the product
- Target market description, size and growth projections
- A description of the problem the product solves
- Closest competitors in your market segment; and your comparative strengths and limitations
- Underlying proprietary technology; what makes it unique?
- Brief revenue and profit history and forecast
- Previous investment rounds, amounts, dates, valuations, and names of prominent investors
- Current round: size, how funds will be used, proposed valuation
- Management team: names, position, prior experience in this industry and other start-ups
Our Process
- To get started, E-mail a 6-8 page Executive Summary to our Executive Administrator
- We will review and contact you with questions
- If accepted, you will present to the CHAP Membership
- We will discuss the presentation and determine whether to proceed to Due Diligence
- If not, we will provide feedback to assist you in future presentations
- If we proceed, a Due Diligence team will be formed to evaluate company prospects in detail
- The DD group will then make a recommendation to the membership
- At this point, you will be told whether we have approved an investment
