Wednesday, July 12, 2006

Angel groups take wing

The number of angel groups increased nearly 60 percent over the last three years from an estimated 150 in 2002 to 250 last year, according to an analysis by the Angel Capital Education Foundation and the Ewing Marion Kauffman Foundation.
Angel investors, found across the country, have become a key source of early financing as venture capitalists have put their larger cash coffers to work in bigger investments.

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