- 632 West 6th Avenue
- Anchorage, Alaska 99501
- © 2012 Municipality of Anchorage
Below are the documents used by the 49th State Angel Fund:
A two-page brochure explaining the program to the public. Please note that we no longer accept any submissions to the fund except for partner fund proposals - that of creating a public/private investment fund. v 04-01-2013
What all reviewers within 49SAF are looking for when evaluating investment applications.
Certification for Use of Proceeds
A two-page document identifying what kind of businesses may receive investment, and the purposes for which they may use the funds.
Annual Reporting Requirements
A two-page document identifying what kind of data investees (operating companies which receive 49SAF dollars, even if through a partner fund) must report back each year. This is largely driven by Anchorage's agreement with US Treasury.
The agreement between US Treasury and the Municipality of Anchorage which describes how this $13.2M in funding may be used for the 49SAF program and its management.
Applicant details provided to the 49th State Angel Fund are held confidential, pursuant to AO 2012-59, passed by the Anchorage Assembly July 10 2012.
Example Term Sheet - Convertible Debt Note
When 49SAF is leading an investment that is seed stage and under $500,000, here's how the investment is often structured.
Note: Documents which may be added to this area in the future include a new Program Overview, information regarding 49SAF policies and procedures, and updates to the above.