“Launch Taranaki” is the brand name of Taranaki Investment Group Incorporated (TIGI), which is a NZ registered incorporated society. Investments made by TIGI members are consolidated and invested through TIGI’s 100% owned nominee company Launch Taranaki Ltd.
TIGI is governed by a Board elected by its members. The Board governs in accordance with the Constitution and a Charter which spells out the operating rules.
TIGI is required to comply with the Financial Markets Conduct Act 2013 and other relevant legislation. This legislation specifies eligibility criteria that members must meet before they can invest.
It is essential for members to understand that angel investing carriers a higher level of risk than many other forms of investing, and investment returns may take much longer to be realised. Accordingly we target much higher rates of return – which may or may not be achieved.
Membership is open to individuals who meet the eligibility criteria. You should be willing to be an active member, participating in events, assisting with the process of due diligence if it falls in your area of expertise and aim to maintain a good level of investment activity. Each individual makes their own investment decisions; and it is not compulsory to invest in any particular investment opportunity or at any predetermined level.
To apply for membership you need to complete our membership application, which includes the following:
- Application Form
- Membership Profile/CV/Bio/Referees
- Confidentiality Agreement
- Investor Eligibility Declaration/Certificate
- Meet with our team
To find out more about becoming a member please (CLICK HERE)
Once we have received your completed application and confirmed your eligibility, your membership will be discussed at the next board meeting. If you have not already done so, a meeting will be arranged with a member of the Board.
After your application has been accepted, you will receive a welcome pack which includes your annual membership invoice. You will also begin to receive regular updates and information regarding investment opportunities.
It is important to note that by joining Launch Taranaki you are not expected to invest immediately. You will first be given the opportunity to attend pitches and investor meetings. If a prospect arises where you have the specific experience required, you may take the opportunity to participate in the due diligence team or process. While formal training and access to industry best practice is important we believe the best way to learn is by actually working on deals with the other investors.
Membership fees are currently $350 per annum.
As a Launch Taranaki member you will benefit from early access to local and national investment opportunities that may otherwise be beyond an individual’s capacity. You will have the chance to network with a range of other experienced business people and become involved in the investment process of deals that interest you. Being a Launch Taranaki member allows you to have input into your investments.
In addition, Launch Taranaki hosts several workshops, education seminars and round tables every year. Subjects include governance, due diligence and investment and other various relevant subjects from visiting guest speakers. These are available to all members.
No one can be an expert in every field. Being a member of Launch Taranaki enables members to draw on each other’s strengths and areas of expertise. The networking opportunities also allow you to hear about new investment prospects, meet with entrepreneurs and associate with other members. Potential investments are discussed collaboratively and any concerns and suggestions are exchanged generously in a total confidentiality.