Membership Categories

Full Member

The full Member category is designed to include angel investment funds and structured angel investment organizations that meet the membership criteria of the Angel Capital Association. This criteria is listed below, as well as on the Angel Capital Association website [www.angelcapitalassociation.org]

Criteria:

  • The participants in the organization are individual accredited investors, as defines by the Securities Act of 1933 , and the organization has a process to ensure its participants are accredited.
  • Participating investors are actively engaged in investment of their personal capital.
  • The participants or, in the case of an angel fund, a subset of the participants make investment decisions on opportunities presented to the full group. Individuals do not delegate investment decisions to a third party.
  • The group holds regular in-person meetings at least twice annually as part of its investment process.
  • The group has defined processes and procedures for making investment decisions.
  • The group is located in the state of Florida.
  • The organization has held an investment meeting within the 6 months prior to the application.
  • Executed copy of the FAIA Membership Agreement
  • Completed FAIA Membership Application (Sections I and II)

    Examples of qualifying groups include, but are not limited to:

  • Member-managed angel investment organizations
  • Member-led angel investment organizations
  • Angel investment funds

    Non-qualifying entities include those in which participating investors are not involved in the investment decision process. Examples:

  • Broker-dealers
  • Investment advisors and bankers
  • Venture capital funds
  • Stock clubs
  • Groups in which the primary members are organizations rather than individuals
  • Virtual (i.e., Online) angel investment organizations or investment forums
  • Angel investment organizations without formal processes and procedures for making investment decisions (see "Affiliate Member")
  • Individual angel investors (see "Individual Member")

    Benefits/Privileges:

  • Access to all FAIA investment "deal flow"
  • Access to Angel Cast
  • Access to all FAIA programs and events (no fee)
  • Membership on FAIA Board of Directors (automatic)

    Annual Financial Obligation:

  • $250