AngelTank, Episode 2.0
By Marie Haller, Producer, SEED
One of the biggest challenges I’ve heard from seed stage social impact start-ups – entrepreneurs are repeatedly told they’re “too early” by funders. Yet, many of these entrepreneurs are tackling entrenched systemic issues that require more money to shift than friends and family fundraising allow. The SEED gathering, in its second year, is a two-day event that brings together the “do-ers” in the ecosystem – accelerators, entrepreneurs, angels investors, funds, foundations, university connectors, corporations, and more – to share, learn, and take action on unique solutions to these types of seed stage hurdles.
Beyond collaborative conversations and actionable design labs hosted by participants, SEED also offers an opportunity for entrepreneurs to get funded at the event. Angel Tank , sponsored for a second year by Real Leaders and ImpactAssets, will pull from the field of high quality, vetted entrepreneurs brought by the invite only SEED program partner cohort. This year our partners include Cartier Women’s Initiative, Impact Hub San Francisco, Miller Center for Social Entrepreneurship, Village Capital, ImpactAssets and many others.
Here’s how it works – six incredible ventures share their 5 minute pitches to attendees and an expert five person panel of impact angel investors. The angels offer their advice, their support and ultimately a vote for the top two to receive $10,000 each in investment capital – last year’s top two were Legworks and Root Studio.
The attendees get in on the action too, voting for the audience choice Spotlight Award, a media sponsorship package from Real Leaders, awarded to Countable in 2018. In addition, all SEED attendees are able to make real convertible note investments from micro-donor advised funds through an app on their phones. Anyone can invest as little as $25 in the participating entrepreneurs through these Impact Assets funds. Overall in 2018, almost $45,000 plus the media award, and numerous direct offers of specific support, flowed from the room to the entrepreneurs. We plan to do even more to catalyze capital, advice, and support to these promising early stage social enterprises in 2019.
Join us at SEED for AngelTank, Episode 2.0., and much more – including two full days of focused, small-group collaboration to work toward unlocking a more effective seed stage social impact ecosystem for all of us.
Marie Haller is Producer for SEED2019. She has supported the growth of hundreds of social enterprises over the past 8 years through her work designing and implementing capacity building programs at both Impact Hub San Francisco and Miller Center for Social Entrepreneurship. In addition to her work with social entrepreneurs, Marie is trained as a birth doula and coaches birthing parents as a volunteer at SF General Hospital.