ORLANDO, Fla. --- All across America, Angel Investors are betting millions of dollars that local start up companies can lead the U.S. economy out of recession to growth, jobs and profits.
Ohio Tech Angels in Columbus has 282 investor members who are scouring the region for promising start up enterprises requiring $1 million to $2 million to get off the ground. In Southern California, the Tech Coast Angels invested more than $20 million over the past two years. The Band of Angels in California’s Silicon Valley has invested more than $200 million to date. Mid-America Angels in Lawrence, Kansas invested more than $8 million over the past five years from a mere 44 members.
If William De Temple has his way, Central Florida will play a leading role in that economic resurgence.
“We are the newest kids at the party and we have a fertile field of fresh young start up enterprises here in Central Florida to choose from,” De Temple said.
His Maximize Angel Investments of Central Florida, Inc. has already recruited some 22 investors, each of whom has agreed to commit at least $50,000 annually to fund promising startups.
De Temple is hard at work recruiting more investors, and he hopes to announce the first allocations of Angel capital as soon as next year.
On Nov. 9, Maximize Angel Investments is bringing angel investment guru David Berkus to a seminar at the Grand Bohemian Hotel in Downtown Orlando to school potential investors in the fine points of participation.
“Angel investors are a different breed,” De Temple said. “We aren’t interested in just handing over capital to companies. Angel investors play a major role in supporting the entrepreneurs they capitalize with their knowledge, experience and contacts which creates synergy in a company’s growth and development,” De Temple explained.
“Angel investors are typically expert in more than one field, and they have a great deal to offer besides startup capital,” he said.
They have definitive goals as well, De Temple explained.
The Houston Angel Network boasts a healthy four “exits” over the past two years. One “Exit” delivered Tech Coast Angel Investors more than 110 times their initial investment last year.
“The end result of our work benefits the community, but the overreaching goal of the angel investment model is to generate substantial profits and returns,” De Temple said.
De Temple said angel investors look for opportunities that will generate returns of at least 10 times their investment.
“Angel investing is fun, but we aren’t in it to have fun,” De Temple said. “This is how you rebuild a nation’s economy,” he added.
For more information about the seminar, contact Maximize Angel Investments of Central Florida, Inc., at 407-674-1925 or visit www.maxangelinvestments.com.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.