Each proposal will be screened and if your project has generated sufficient interest you will be invited to present your project at the Elevator Pitch event (“IAB Elevator Pitch”). We plan four IAB Elevator Pitch per year, where all IAB members are invited to attend. The presentation must be provided at least 1 week prior to the meeting to ensure that all required information is included. Please note that a proposal that is not selected for the IAB Elevator Pitch may still receive comments/recommendations and could be re-submitted later for further consideration.

The IAB Elevator Pitch will last approximately 30 minutes per project (15-20 min for the presentation and 10 min for Q&A). Each IAB member could independently decide to proceed to Step 4, the due diligence phase. If your project has attracted the interest of one or more members you will agree with them on how to follow-up. IAB, as an Association will be not involved directly in Step 4 and onwards.

Each Angel who has decided to consider investing in your project will meet and discuss terms for entering into a due diligence phase. Most likely this will entail signing a confidentiality agreement as well as beginning business discussion on financial and legal terms.