Have an Idea? Where to Start Casabona Ventures, LLC Mario M. - PowerPoint PPT Presentation

Presentation to Montclair State University Entrepreneurship Workshop CSAM January 27, 2012 Have an Idea? – Where to Start Casabona Ventures, LLC Mario M. Casabona Founder Casabona Ventures, LLC

Casabona Ventures LLC New Jersey based Company providing business advice, strategic planning, and early stage investment capital to technology driven early stage companies. January 28, 2012 Casabona Ventures, LLC 2

Industry Experience n 25+ Year Career in Defense Electronics Industry n Electronic Engineer with 12 Patents issued. n Industry experience at ITT, Raytheon, ERI, Honeywell n Founder & CEO of Electro-Radiation Inc. (ERI) n 1998 SBA National Tibbett Award winner n 2004 sold ERI to Honeywell n 2010 NJTC Financier of the Year n Member IEEE, VANJ, NJTC, NDIA, AOC … n Chairman, Jumpstart NJ Angel Network n Board Member of For-Profit and Non-For-Profit Organizations n Currently Angel Investor and Business Advisor January 28, 2012 Casabona Ventures, LLC 3

Portfolio Companies January 28, 2012 Casabona Ventures, LLC 4

Typical Company Evolution & Funding Development Launch Growth Maturity Reinvention Risk Angel Financing Friends, Family & Grants Venture Capital Financing Financing Develop Manufacture Expand Company Growth Creative & Ship distribution seeks new flattens idea Product channels opportunities January 28, 2012 Casabona Ventures, LLC 5

Develop Creative Idea – Stage I § Document your idea § Research Internet for Uniqueness and for Competition § Determine Cost to Build a Demo § Is Idea Patentable? § Generate a Business Plan § Raise Seed Capital to Build Demo • Bootstrap • Shareholders (Seed Stage) • Loan 1/28/12 Casabona Ventures, LLC 6

Typical Funding Process n Introduction to Investor n Pitch to Investors n Term Sheet n Due Diligence Process n Agreements n Funding Begins n Start Development, manufacturing, … n Next Round of Financing n Possible Exit in Sight January 28, 2012 Casabona Ventures, LLC 7

Good Luck Hope this helped. Contact info: Mario M. Casabona mario@casabonaventures.com www.casabonaventures.com January 28, 2012 Casabona Ventures, LLC 8