They are looking for business angels, it's a person who's supporting the project from the beginning. That's necessary stage of development for lot of companies when the volume of requested resources are higher than the capacity of the founders but it's still not enough to attract the biggest funds. In two words a guys investing into the project to help it go on developing till they reach the level when they can be supported by huge whales
So the main point is to find some more support to speed up the project development and make a step to a new level of development and investitions? That make sense
I've read that pre-ICO is always a hard way to find a first investors