LINK-Caribbean Magazine

HERBOO manufactures organic sustainable personal hair and body care products using Jamaica’s finest herbs and spices. Not uncommon for small startup companies Herboo was challenged in raising the capital to grow explained Javin, “We tried raising capital through the traditional medium of getting a bank loan however the prerequisites needed was just unattainable for a startup not to mention collateral. In addition, banks are more focused on making a profit on their loan and ensuring we can pay it back.” Javin saw the opportunity to gain angel investment as a means to not only secure funds, but also gain useful genuinely want to see young companies become successful and to help their communities and economy flourish. Most individuals who are apart of Angel Investing are usually entrepreneurs themselves, so they understand a lot of the obstacles we will face, and they know how to maneuver them. The other obvious thing is that the Angels come with a wealth of knowledge that will help our company to grow.” being unsuccessful, Javin applied for a LINK-Caribbean Investment-Readiness grant which enabled the company to make some significant changes to become more investible. After initially approaching Alpha Angels in Jamaica and knowledge “with Angel Investments these are a group of individuals who