Investment Approach

North Coast Angel Fund invests in early-stage, technology-based ventures. Targeted industries include biosciences, advanced materials, electronics and controls, information technology, and energy and power/propulsion.

The typical NCAF initial investment is $250,000 with $200,000 held in reserve for possible follow-on investment.  Most deals take the form of preferred equity securities and involve a NCAF member serving on the board. We anticipate partnering with other angel funds and/or VC investment groups since these early-stage ventures often need support of $1 million or more.

We are most interested in investments where there is an opportunity and a willingness to leverage our members’ significant experience and expertise in key functions such as product development, sales, marketing, management, IT, and follow-on financing.