Contract Finance: Investor needed?
Question:
My company Free&Ben Inc. had just won a contract worth $5,358,000.00 to deliver 50,000 plastic sheeting to FEMA. See fema website for prove of the contract: http://www.fbo.gov/servlet/documents/r/1...
We are trying to secure a letter of credit that will enable our supplier from Vietnam to get the job done. I'm having difficulty meeting Angel Investors intrested in businesses outside of the US. If you are interested, or if the answers below are all you needed on your investment, please contact me at: benicom@email.com.
#1. What will be the return on investment for the Venture Capital/Investor? 10%
#2. In what time period will this happen? June 30 - September
#3 What will be the annual projected sales at this point? As stated above.
Answer:
You may want to go and pitch your ideas where investors gather. Here are some places where angel investors come and those looking for funding can come and pitch their business plans. Be sure to have a strong business plan and describe what makes your business idea stand apart:
Angel Capital Association http://www.angelcapitalassociation.org...
Angel's Forum http://www.angelsforum.com
Band of Angels http://www.bandangels.com
Common Angels http://www.commonangels.com
Keiretsu Forum http://www.k4forum.com
Launchpad Venture Group http://www.launchpadventuregroup.com...
New World Angels http://www.newworldangels.com
New York Angels http://www.newyorkangels.com
Prairie Angels http://www.prairieangels.org (charges $125 to submit idea)
Robin Hood Ventures http://www.robinhoodventures.com... (charges $250)
Here are a couple of capital investors. Perhaps they can help you or refer you to someone who can. Good Luck!
Cornerstone Equity Investors, L.L.C.
717 5th Ave., Ste. 1100
New York, NY 10022
Phone: (212)753-0901
Fax: (212)826-6798
Website: http://www.cornerstone-equity.com...
Mark Rossi, Senior Managing Director
Preferred Investment Size: $50,000,000 maximum. Investment Types: Leveraged buyout, and special situations. Industry Preferences: Diversified. Geographic Preferences: No preference.
Harvest Partners, Inc.
280 Park Ave, 33rd Fl.
New York, NY 10017
Phone: (212)559-6300
Fax: (212)812-0100
Website: http://www.harvpart.com
Harvey Mallement
Preferred Investment Size: $15,000,000 to $100,000,000. Investment Types: Acquisition, leveraged buyout, management buyouts, private placements, special situations, and turnaround. Industry Preferences: Consumer products and services, communications, distribution, fiber optics, and medical/health related. Geographic Preferences: No preference.
I believe the wall you're hitting is Vietnam not being a member of the WTO yet. Until that happens, it's cowboy capitalism in Vietnam. Unless you're a large international corporation, you're probably going to get screwed by the VN government with payoffs and bribes. Any prudent investor will shun away from that environment.
You may want to consider having the business angels back your company instead of the VN company and then you send the money to Vietnam. It's a big risk for you, but probably the fastest way to get your financial backing if you think this deal is going to fly.
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