Village Cultivators
Village Cultivators is a Business Incubator and Angel Investment Group who specializes primarily in early stage seed funding. Through Village Cultivators, entrepreneurs can access resources of seed capital along with being a part of a Business Incubator which provides management guidance from other business veterans.
History
Village cultivator was established in 2004 and was created as an association founded by a group of entrepreneurs to assist in start-up growth and capital acquisition. The business was initially established as a Business Incubator to provide its entrepreneur members assistance in cultivating their companies and readying start-up businesses prior to seeking funds from Angel Investors and Venture Capitalist. In 2008 the company started a second membership group of Angel Investors to invest in the companies owned by its entrepreneur members. In 2009 the company began acting as an intermediary for non-member start-up transactions and began charging structuring fees based on the capital they raise for start-up companies.
The company created a proprietary “Business Plan Assessment (BPA)” and a “Summary Term Sheet” to quickly analyzed business plans and start-up projects to assist them in rapidly presenting them to Angel Investors and Venture Capitalist. This system increased their start-up deal flow from very few projects to hundreds of transactions annually.
Due to the economic decline, in 2009 Village Cultivators created a new Angel Investment transaction which they called “Primary Collateralized Credit Facility (PCCF)” in which Angel Investors pledge their financial assets as collateral for the start-up company’s ability to make non-recourse loans against the collateral, in exchange for options, warrants, equity positions in the company and/or simple interest on the collateral. This made it easier for start-up entrepreneurs to access loans and lines of credit previously rejected by financial institutions caused by the banking credit abandonment of start-up companies.