SDSU/Brookings Angel Fund - New Angel Fund Formed in Brookings, S.D. to Invest in Local Companies
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| February 19, 2008 |  View for printing |
SDSU/Brookings Angel Fund, LLC Becomes 22nd Angel Fund in RAIN Source Capital's Growing Network for Angel Investors
A group of angel investors and RAIN Source Capital have formed a new RAIN angel fund, SDSU/Brookings Angel Fund, LLC, in Brookings, S.D. SDSU/Brookings Angel Fund is capitalized at $1,000,000 and has 18 members, including local angel investors and Minnesota-based RAIN Source Capital, which have pooled their investment dollars to create the fund. The fund will invest primarily in regional companies located in Brookings and the tri-state area of South Dakota, Minnesota and Iowa.
Full Story: http://biz.yahoo.com/bw/080219/20080 ... 3.html?.v=1
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The SDSU/Brookings Angel Funds is a sister fund to the Frontier Angel Fund in Kalispell/Whitefish. Both are RAIN Funds using a model created by RainSource Capital in St. Paul. --Bill Payne
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