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Need nothing short of a miracle to get start-up capital for yourbudding business? Miracles are no problem for angel investors,individuals or organizations that provide relatively small amountsof funding to get businesses through their start-up and initialdevelopment phases, often in exchange for a portion of ownership inthe businesses.
The best place to find angels is within your current circle ofcontacts: family members, friends and professional associates.Other places to look are your chamber of commerce, banks,accounting firms, universities, business incubators, regional orstate economic development agencies, editors of businesspublications and even potential customers.
Here are a few other organizations to help you in yourquest:
ACE-Net, anot-for-profit listing service developed by the SBA, designed tofacilitate the flow of information between entrepreneurs andinvestors. For more information, go to www.sba.gov, click on the"Financing" bar, then click on "ACE-Net."
American VentureMagazine, provides insight and advice on angelinvestors. Contact them at (503) 221-9981 or www.avce.com for a $15, one-yearsubscription of four issues.
Angel CapitalNetworks, www.capcon.com/worldfinance/who01.html
Angel Money,www.angelmoney.com
Internet Angels,(212) 333-8722, www.internetangels.com
Finance Hub,www.financehub.com.
Pamela Rohland writes about the joys and tribulations ofentrepreneurship for a variety of regional and national businesspublications.
