Membership in PAN
Individuals who wish to become members of the Portland Angel Network must satisfy several specific criteria.
Member Criteria
- Be certified as an accredited investor under Securites and Exchange Comission Regulation D, Rule 501. This states that an investor is a person who has a net worth in excess of $1 million, either alone or in combination with their spouse, or who has in each of the past two years had an annual income greater than $200,000, or more than $300,000 in combination with their spouse.
- Be currently looking to invest in the next 12 months
- Be a current member of the Oregon Entrepreneurs Network (OEN). You can register for membership here.
PAN also welcomes guests who are interested in joining the group to its programs. They, too, must meet certain criteria. They must:
- Be invited by a current PAN member
- Be an accredited investor
- Have not attended a PAN meeting previously and have not filled out a profile and accreditation forms
Service providers are welcome, if they meet the above criteria and agree to not discuss their services at PAN events.
Definition of investment
PAN defines "investment" as a direct investment in a startup company of at least $25,000 in cash. (Services do not count.) This equity can be from one's own money, or from money one professionally manages for other people, or as part of an investor syndicate.
If you are already a member of OEN and would like to join PAN, please call the OEN office at 503-222-2270. We will help you join over the phone.
Apply now