Organizations such as the Bulldog Angel Network
at Mississippi State University and the Mississippi Angel Investor Network through Innovate Mississippi are examples of accredited angel funding groups that are positively impacting our state's startup economy.
Earlier attempts to organize angel networks
managed to draw HNWIs into meetings with startups, but the efforts fizzled.
Currently, no such angel groups actually operate in Wales although the Welsh Government's creative industries sector panel recently suggested that sector-specific angel networks
should be encouraged in Wales.
The Minerva Business Angel network
, part of the University of Warwick Science Park access to finance service, has for years been a beacon of hope for start up and early-stage businesses - many of which have gone on to create jobs and prosperity for the area as a whole.
A BUSINESS angel network
saw off stiff competition to win the prestigious Investor Allstars, private investor network of the year award.
With the title of "A cross-road for continents, cultures and early stage investors", this year's event will be hosted by the Middle East Technical University's Technopolis' business angel network
The WBAA's founding members who met in Dubai recently are the Arab Business Angels Network (ABAN) United Arab Emirates, Angel Capital Association (ACA); British Business Angels Association-UK (BBAA); Center for Business Angel Research (CBAR) China; Indian Angel Network
(IAN) India; Red Espanola de Business Angels (ESBAN) Spain; Australian Angels Investors Association (AAAI) Australia; Southern Angels, Chile; Italian Business Angels Association (IBAN) Italy; and the France Angels.
Sex is a driving factor in the changing pattern of business angel investment - and not just because business angel networks
describe themselves as "dating agencies" for entrepreneurs and angels.
One of the Angel Networks
newest efforts is Winfrey's Katrina Homes, an initiative to build and furnish housing for victims of Hurricane Katrina.
Most angel networks
require investors to meet securities law requirements as accredited investors and most have special provisions to keep investors with mind-sets incompatible with the group's from entering.
The high proportion of inactive investors in the Stevenson and Coveney sample may reflect the fact that a characteristic of business angel networks
, such as Venture Capital Report, is that a significant minority of subscribers are 'voyeurs' rather than serious investors.