VENTURE CAPITAL 

After the dot.com collapse, the venture capital (V/C) market has slowly reemerged.  Venture capital funds are frequently pooled funds of numerous individuals or entities. 

You will have to convince the V/C that your business, if funded in the amount you are seeking, will achieve the promised return on investment.  The V/Cs will look at numerous factors including IP and the qualifications of your management team.  Venture capital is more expensive than a loan from a bank, but your business presumably does not qualify for bank financing, e.g., it may not yet have made a product and can not show a profit and loss history. 

You will likely have to make your presentation to multiple groups of venture capitalist.   You can submit a brief business plan with an executive summary with the possibility of then making a 30 minute stand up presentation. 

If accepted, the V/Cs will be requiring a percentage ownership, presumably as preferred stock.   Note this will dilute the ownership interest of the angel investors, as well as the ownership interest of “friends and families”.