While individual angels are incredibly important, few prospective angels have the time, know-how or financial resources to participate in multiple investments acting alone. As a result, angel networks have emerged as a method for providing an introductory service to potential deals, connecting like-minded individuals to share the workload, accessing the collective wisdom of others and syndication of deals. As such angel networks often overcome the many challenges associated with solo investing and investing in risky environments, such as emerging markets like the Caribbean.
The Regional Angel Investor Network (RAIN) aims to improve access to investment opportunities throughout the Caribbean, for angel investors. It is focused on connecting investors with start-up, early-stage and growth companies seeking finance; increasing Caribbean deal flow. Investors that are members of an Angel Group or network, are a syndicate of solo investors, or a legally registered institution are also able to apply for a LINK-Caribbean Co-investment grant and have up to 50% of the investment matched to invest in to a start-up/early growth stage business.
Alpha Angels is primarily based in Montego Bay, they encourage the growth of early-stage ventures in Jamaica and the Caribbean through seed-stage investments.
First Angels JA
FAJ is focused on potential investments in digital applications, digital media, the creative industries and other innovative businesses.
Based in Barbados, Trident Angels is a network of successful business leaders interested in investing their money and experience into ventures that have the potential to grow and create value.