New angel group FP Angels wants to take bicoastal bias out of angel networks

A recent Kauffman Foundation report on entrepreneurial activity http://money.cnn.com/gallery/smallbusiness/2013/06/18/best-places-entrepreneurs/index.html included places like Montana and New Mexico.

A new national angel group wants to capitalize on the growth of angel investment by providing a more inclusive investment framework.

The focus is technology companies, including healthcare IT and medical devices. It expects to make investments of $50,000 to $500,000 and favors companies with pre-money valuations of $5 million to $7 million.

FP Angels http://fpangels.com/

by Stephanie Baum

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