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Early Stage Capital

Virginia Angel Investor Groups:

460 Angels – Blacksburg, VA and Roanoke, VA. 460 Angels is a seed and early-stage angel investor group focused on funding and coaching hi-tech entrepreneurs with scalable business models based in the Blacksburg and Roanoke, Virginia.  We are seeking technology based product companies which can scale to a global marketplace.  Our members are experienced in engineering, software, finance and management.  More information and application is available athttp://www.460Angels.com

Active Angel Investors – Vienna, VA. Active Angel Investors (AAI) invests in early-stage and expansion stage companies in the following sectors: business products and services, computers and peripherals, consumer products and services, financial services, IT services, media and entertainment, medical devices and equipment, and software.  AAI prefers to invest within a four-hour drive of Washington, DC.  For more information visit:

http://www.newvantagegroup.com.

Blu Venture Investors – Vienna, VA. Blu is a Venture Capital investment Company supporting Early Stage Entrepreneurs in the Mid-Atlantic Region – Maryland, Virginia, Washington, DC and North Carolina.  Our Members are experienced, successful operating executives with experience in a broad range of industries and business models. Each Member successfully launched new Companies, Products or Services.  For more information visit:http://bluventureinvestors.com. 

DayOne Ventures – Blacksburg, VA. DayOne Ventures is a seed stage investment and mentorship program for technology-based startups.  Each spring DayOne engages with three early stage startups through a competitive evaluation process.  Winning teams can receive up to $16,000 to cover personal and business expenses,  office space, and expert mentorship.  For more information visit:

http://www.dayoneventures.com.

D’Arch Angels – Vienna, VA. D’Arch Angels invests in early-stage and expansion stage companies in the following sectors: military and intelligence.  D’Arch Angels prefers to invest within a four-hour drive of Washington, DC.  For more information visit:http://www.newvantagegroup.com.

Fortify Ventures. Founders funding founders.  For more information visit: http://www.fortify.vc/.

New Dominon Angels.  New Dominion Angels is an investor group formed to capitalize early-stage, Virginia-based companies. Their purpose is to positively impact the communities and the economy of Virginia by helping to bring new products and services to market; to support Virginia start-up businesses in both financial and non-financial ways; to learn from all our stakeholders and from each other, and to enjoy the process; to earn fair, risk-adjusted investment returns.  For more information visit: http://www.newdominionangels.com.

Virginia Active Angel Network – Blacksburg, Charlottesville, Richmond, VA. Virginia Active Angel Network invests in Seed & Start-up and early stage companies in the following sectors: biotechnology, consumer products and services, electronics/instrumentation, industrial/energy, media and entertainment, medical devices and equipment and telecommunications. Virginia Active Angel Network prefers to invest within a four hour drive of Charlottesville and Blacksburg. For consideration, contact Richard Crawford info@VirginiaActiveAngelNetwork.com or 434-409-3383.

Out of State Angel Groups:

Angel Healthcare Investors – Newton, MA.  Angel Healthcare Investors, LLC invests in seed and start up stage, early-stage and expansion stage companies primarily with a direct healthcare or life science application that are located in the Northeast. Their primary sectors of focus include: biotechnology, healthcare services, medical devices and equipment, healthcare IT and specialty hedge and private equity funds. Occasionally, Angel Healthcare may consider opportunities outside the healthcare industry or located outside New England. For investment consideration, contact Geoff Maletta at maletta@hcangels.com or 617.630.0777.

Angel Investor Forum – Glastonbury, CT.  The Angel Investor Forum invests in both seed and start up stage, and early-stage and expansion stage companies, with no designated industry preference. Angel Investment Forum has a focus on Connecticut companies. For investment consideration, contact Reginald Babcock at rbabcock14@aol.com or 860.430.1257.

Atlanta Technology Angels – Atlanta, GA.  The Atlanta Technology Angels (ATA) invests in seed and start up stage, early-stage and expansion stage technology companies in the following sectors: Computers and peripherals, electronics and instrumentation, financial services, IT services, Semiconductors, software, telecommunications. ATA prefers to invest in companies located in Georgia. For consideration, contact Knox Massey at knox.massey@angelatlanta.com or 404.526.6039.

Bay Angels – Waquoit, MA.  Bay Angels invest in seed and start up stage companies in the following sectors: biotechnology, business products and services, computers and peripherals, consumer products and services, electronics/instrumentation, financial services, industrial/energy, media and entertainment, medical devices and equipment, networking and equipment and semiconductors. Bay Angels prefer to invest in Cape Cod and the Islands, Southeastern Massachusetts and Rhode Island, although not restricted to that region. Generally, a two-hour drive of Cape Cod. For consideration, contact Robert Lamkin at lamkin@tvm-captial.com or 508-299-8341.

Beacon Angels- Boston, MA.  Beacon Angels invest in seed and start up stage companies in the following sectors: business products and services, computers and peripherals, consumer products and services, electronics/instrumentation, medical devices and equipment, networking and equipment, retail/distribution, semiconductors, software and telecommunications. Beacon Angels prefer to invest in the New England States. For consideration, contact William F. Swiggart at wfs@swiggartagin.com or 617.742.0110 x201.

Blue Ridge Angel Investment Network – Asheville, NC.  Blue Ridge Angel Investment Network invests in seed and start-up stage and early stage companies within a two-hour drive of Asheville, NC. There are no restrictions on industries.

Blue Tree Allied Angels – Wexford, PA.  Blue Tree Allied Angels invests in seed and start up stage, early-stage and expansion stage companies in the following sectors: healthcare services, industrial/energy, IT services, medical devices and equipment, networking and equipment, and software. Blue Tree Allied Angels prefers to invest within an hour drive from Wexford. For consideration, contact Catherine Mott atcvmott@bluetreecapital.com or 724.699.1076.

Boston Harbor Angels – Boston, MA.  Boston Harbor Angels invest in early stage (prototype or customers) companies in the following sectors: consumer products and services, electronics/instrumentation, financial services, healthcare services, industrial/energy, IT services, media and entertainment, medical devices and equipment, networking and equipment, retail/distribution, semiconductors and software. Boston Harbor Angels prefer to invest in New England but have no geographic restrictions. For consideration, contact Michael Williams at mic@bostonharborangels.com or 617.742.7887.

Business Utility Angels – New York, New York.  Business Utility Angels invest in and start up stage, early-stage and expansion stage companies in the following sectors: business products and services, IT services and software. Business Utility Angels prefer to invest within the region. For consideration, contact Elizabeth Eiss at Elizabeth@michaelsmith.biz or 847.420.4708.

Capital Access Network (CAN) – College Park, MD.  Operational since November 2003, CAN involves more than than 75 qualified angel investors and venture capitalists, six business incubators, nearly 100 start-ups, and Virginia and Maryland economic development organizations in creating opportunities and growth for developing businesses.  For more information, visit:http://www.rhsmith.umd.edu/dingman/

Charleston Angel Partners – Charleston, SC.  Charleston Angel Partners (CHAP) invest in seed and start up stage companies in the following sectors: biotechnology, business products and services, computers and peripherals, consumer products and services, electronics/instrumentation, healthcare services, industrial/energy, IT services, medical devices and equipment, networking and equipment, semiconductors, software and telecommunications. CHAP prefers to invest in the southeastern US. For consideration, contact Ken Roozen at roozen@charlestonangelpartners.com or 843.768.7408.

Chattanooga Technology Council – Chattanooga, TN.  The Chattanooga Technology Council, Inc. (CTC) is a non-profit organization devoted to promoting the growth of technology businesses and education throughout the greater Chattanooga area. Membership is open to individuals, companies, non-profit institutions, education facilities, and other organizations that are interested in supporting the growth of technology in Chattanooga. For more information- contact Kelley Evatt at kevatt@chatc.org or 423.209.6831.

Chesapeake Emerging Opportunities Club – Columbia, MD.  The Club is a manager-led Maryland limited liability company angel investing fund. The Club was organized to provide its members an opportunity for active involvement in an early-stage private equity fund. There has been an explosion of emerging businesses in the Baltimore-Washington, D.C. region in the life sciences, Internet, telecom, and optical-networking.  For more information, visit:http://www.ceopportunities.com/

CommonAngels – Boston, MA.  CommonAngels invests in early stage companies in the following sectors: software, semiconductors, computers and peripherals and telecommunications. CommonAngels prefers to invest within a two hour drive of Boston. For consideration, contact James Geshwiler at james@commonangels.com or 781.274.9124.

Connecticut Angel Guild – Fairfield, CT.  Connecticut Angel Guild invest in seed, start-up and early stage companies in the following sectors: biotechnology, business products and services, computers and peripherals, consumer products and services, electronics/instrumentation, financial services, healthcare services, industrial/energy, IT services, media and entertainment, medical devices and equipment, networking and equipment, retail/distribution, semiconductors, software and telecommunications. Connecticut Angel Guild prefers to invest within a two-hour drive of Fairfield. For consideration, contact Mike Roer at roer@cvg.com or 203.256.5955.

Delaware Crossing Investor Group – Doylestown, PA.  Delaware Crossing Investor Group is a network of former and current executives and entrepreneurs who provide counsel and capital to early-stage and other growth-oriented companies. Delaware Crossing Investor Group is a membership organization of qualified investors who play an active role in the sourcing of prospective portfolio companies, managing the investment process and serving on the board of directors of portfolio companies. While many of the investments presented to the group are high risk, these investments also have the potential for a high return.  For more information, visit:http://www.delawarecrossing.org

Dutchess County Angel Network – Poughkeepsie, NY.  Dutchess County Angel Network invests in early stage and expansion stage companies in the following sectors: biotechnology, business products and services, computers and peripherals,  electronics/instrumentation, industrial/energy, media and entertainment, medical devices and equipment, networking and equipment, and semiconductors. Dutchess County Angel Network prefers to invest in Duchess County. For consideration, contact Thea Glaser at thea@dcedc.com or 845-463-5415.

eCoast Angels – Portsmouth, NH.  eCoast Angels invests in seed and start-up companies in both high and low tech sectors. eCoast Angels prefers to invest within a two hour drive from Portsmouth, with some exceptions. For consideration, contact Myles Archer at ecoastangels@comcast.net or 603.766.6125.

Emergent Growth Fund LLC – Gainesville, FL.  Emergent Growth Fund invests in start-up stage and early stage companies in the biotechnology and high technology sectors. Emergent Growth Fund prefers to invest in companies based in Florida, but will consider others based in the southeast region. Strong interest in companies developing technology licensed from the University of Florida. For consideration, contact Lee May at bellamay1@gmail.com or 904.686.0293.

FSI Angel Network – Wilington, DE.  FSI hosts regular Angel-only events to feature regional entrepreneurs and the companies they are building. We purposely want a large, informal network of accredited Angels who are looking for interesting deals to invest in.  For more information, visit: http://www.firststateinnovation.org/angels.

Gargoyles, Inc. – Westminster, MD. Gargoyles, Inc. invests in seed, startup and early stage primarily with a materials application. Applications may include healthcare, defense, automotive, aerospace or other hard technology application. Their primary sectors of focus include healthcare, defense, automotive and aerospace. Gargoyles will consider new or advanced materials outside of these sectors. Gargoyles will review opportunities not only in the Mid-Atlantic region, but throughout the United States. For investment consideration, contact Jef Curran at jef.curran@originalgargoyles.com or 410-386-9040.

Golden Seeds, LLC – New York, NY; Stamford, CT; Boston, MA. Golden Seeds invests in and start up stage, early-stage and expansion stage and later stage companies in the following sectors: biotechnology, business products and services, consumer products and services, electronics/instrumentation, financial services, healthcare services, industrial/energy, IT services, media and entertainment, medical devices and equipment, networking and equipment and software. Golden Seeds has no restriction on geographic location. For consideration, contact Stephanie Hanbury-Brown at shb@goldenseeds.com or 203.698.4914.

Granite State Angels – Hanover, MA.  Granite State Angels invests in all stages and has no restrictions on industry. For consideration, contact Fred Wainwright at fred.wainwright@dartmouth.edu or 603.646.0107.

Great Valley Pennsylvania Angel Network (GV-PAN) – Scranton, PA. The Great Valley Pennsylvania Angel Network (GV-PAN) is a group of affiliated investors who provide early-stage financing to regional start-up businesses.  Each member of GV-PAN makes his or her own investment decisions.  To be a member of GV-PAN an individual must be an accredited investor.  The group meets on a quarterly basis to review business plans, and to network with firms looking for Angel investments. The Great Valley Pennsylvania Angel Network focuses its private investing efforts in the Scranton/Wilkes-Barre/Hazleton region of Pennsylvania.  The group has a screening committee to pre-select and invite specific companies to do 10-15 presentations annually. For more information, visit: http://www.paangelnetwork.com

Inception Micro Angel Fund – Winston- Salem, NC.  Inception Micro Angel Fund (IMAF) invests in seed and start-up companies in the following sectors: biotechnology, healthcare services, medical devices and equipment and telecommunications. IMAF prefers to invest within a 100 mile radius of Winston-Salem, NC. For consideration, contact Timothy R. Janke at tjanke@imaftriad.com.

Investors’ Circle – San Francisco, CA; Boston, Massachusetts.  Investors’ Circle invests in early stage, expansion, seed and start up companies in the following sectors: business products and services, consumer products and services, healthcare services, industrial/energy, media and entertainment, medical devices and equipment, retail/distribution, and for-profit social enterprise in: energy and environment, food and organics, media and education, healthcare, community and international development, and women and minority-owned. Investors’ Circle has no geographical restrictions on investing. For consideration, contact Michael Bartner at mbartner@investorscircle.net or 617.566.2600.

Investors Cirlce of York – York, PA. .  The IrishAngels network comprises a select group of Notre Dame alumni and friends who are experienced in entrepreneurial endeavors and interested in supporting new venture development.  For more information visit: http://www.business.nd.edu.

Jumpstart New Jersey Angel Network – Princeton, NJ.  Jumpstart invests in seed, start-up stage and early-stage technology companies in the Mid-Atlantic region in the following sectors: biotechnology, business products and services, computers and peripherals, electronics/instrumentation, financial services, healthcare services, industrial/energy, IT services, medical devices and equipment, networking and equipment, semiconductors, software and telecommunications. For consideration, contact Katherine O’Neill at koneill@jumpstartnj.com or 856.813.1440.

Lancaster Angel Network – Lancaster, PA. .  Launchpad invests in seed and start up companies in the following sectors: business products and services, computers and peripherals, consumer products and services,  electronics/instrumentation, healthcare services, IT services, medical devices and equipment, semiconductors and software. Launchpad prefers to invest within a two-hour drive from Boston. For consideration, contact Hambleton Lord at info@launchpadventuregroup.com.

Long Island Angel Network – Long Island, NY.  Long Island Angel Network invests in seed and start up stage and early stage companies. No preference on industry, but prefer the technology sector. Prefer to invest in Long Island or companies willing to move to Long Island; NY Metropolitan area for co-investments. For consideration, contact Ann-Marie Scheidt at annmarie.scheidt@stonybrook.edu or 631.632.7006.

LORE Associates – Radnor, PA.  LORE Associates invests within a two-hour drive of Southeastern Pennsylvania. For consideration, contact Bill Moore verus@tpinv.com or 610.964.8452. For consideration, contact Steve Nagler at snagler@evw.com or 212-561-3611.

Triangle Accredited Capital Forum-Wake Forest, NC.  Triangle Accredited Capital Forum invests in seed and start up stage companies in the following sectors: biotechnology, computers and peripherals, medical devices and equipment, networking and equipment, semiconductors and software. Prefer to invest in Central North Carolina. For consideration, contact Bill Warner at paladin@paladinandassociates.com or 919.570.1023.

Wilmington Investment Network – Wilmington, NC.  Wilmington Investor Network prefers to invest in seed and start up and early stage companies in the following sectors: biotechnology, business products and services, electronics, medical devices and equipment. Prefers to invest in the southeastern US region. For consideration, contact Michael Cain at mgcain@wilmingtoninvestor.com or 910.538.6641.

The Investors Circle of York is a group of local accredited Angel investors looking to invest in companies that need capital for start-up, expansion or acquisition. ICY has invested over $3,000,000 in businesses.  For more information, visit: http://www.yorkkiz.org/Partners.html

LAN (Lancaster Angel Network) is a group of loosely organized accredited investors that meet monthly to review and invest in vetted early stage companies. To date we have invested more than 15 million in equity.  For more information, contact Michael Shoemaker at mas@wellspringfv.com.

Mid-Atlantic Angel Group Funds I & II, LP – Philadelphia, PA. MAG I & II were created to bridge the gap between angel funding and institutional venture capital funding serving the Greater Philadelphia Region. These member-managed funds provide investors with an opportunity for active involvement in diversified venture capital investments throughout Pennsylvania, New Jersey, Delaware, New York, and Maryland. The funds seek to leverage various public and private funding resources and networks by providing equity capital to seed and early-stage, technology-based, high-growth companies. Fund members include experienced entrepreneurs, high net worth individuals, institutions, and other accredited investors interested in realizing a high return on invested capital in Regional technology companies and being a key part of Regional growth.  MAG I was formed in January 2005 and has completed investments in 12 companies and has 89 angel and institutional investors. MAG I has completed its funding cycle. MAG II was formed in April 2009 and has 65 angel and institutional investors and is actively seeking to make investments.  For more information, visit www.magfund.com or call Chris Starr, Founder and Executive Director at 215-972-6700 x3061 or e-mail chris@sep.benfranklin.org.

Minority Angel Investment Network – Philadelphia, PA.  Minority Angel Investment Network invests in seed and start up stage companies in technology, but will consider other high growth opportunities. Prefers to invest within a four-hour drive of Philadelphia. For consideration, contact Terrence Hicks at terry@sep.benfranklin.org or 215.972.6700 x3799

New World Angels Incorporated – Boca Raton, FL.  New World Angels Incorporated (NWA) invests in pre-revenue or early revenue stage companies (but will consider some seed / start-up and later stage deals) in the following sectors: biotechnology, business products and services, computers and peripherals, consumer products and services, electronics/instrumentation, financial services, healthcare services, IT services, media and entertainment, medical devices and equipment, networking and equipment, software and telecommunications. Prefer to invest in firms having a significant Florida presence, with a preference for management teams based in Southeast Florida. For consideration, contact Rhys Williams at  rhyswilliams@newworldangels.com or 561.620.8494 x15.

North Country Angels – Montpelier, VT.  North Country Angels prefers to invest in the New England states, and has no preference for stage or industry. For consideration, contact Fred Wainwright at fred.wainwright@dartmouth.edu or 603.646.0107.

Orange County Angel Network – Goshen, NY.  Orange County Angel Network invests in seed and start up companies in the following industries: business products and services, consumer products and services, electronics/instrumentation, medical devices and equipment and software. Prefer to invest only within New York. For consideration, contact Robert Hannan at rhannan@orangecountycapital.com or 845-294-4295.

Pennsylvania Angel Network – Harrisburg, PA.  The mission of PAN is to provide resources and support to angel investment groups throughout the Commonwealth of Pennsylvania. The organization believes that providing support to angel groups will improve the overall investment environment for angel investors and increase the number of investors and investment dollars in Pennsylvania and thus support economic development in Pennsylvania. PAN invests in seed and start-up stage, early stage, expansion stage and later stage companies. For consideration, contact Valerie S. Gaydos at Valerie@paangelnetwork.com or 717.238.1222.

Piedmont Angel Network – Greensboro, NC.  Piedmont Angel Network (PAN) invests in seed and start up stage and early stage companies in the following sectors biotechnology, computers and peripherals, consumer products and services, financial services, industrial/energy, media and entertainment, medical devices and equipment, networking and equipment, software and telecommunications. PAN prefers to invest within a four-hour drive of Greensboro. For consideration, contact Lou Anne Flanders-Stec at lafstec@piedmontangelnetwork.com or 336-235-0941.

Pocono Mountains Angel Network – Monroe County, PA. .  Robin Hood Ventures invests in early stage companies in the following sectors: biotechnology, business products and services, computers and peripherals, electronics/instrumentation, financial services, health care services, industrial/energy, IT services, medical devices and equipment, networking and equipment and software. Prefers to invest within a two hour drive of Philadelphia. For consideration, contact Ellen Weber at  eweber@robinhoodventures.com or 610.993.9060.

Rochester Angel Network -Rochester, NY.  Rochester Angel Network invests in seed and start-up stage and early stage companies with a preference for deals in Rochester, NY region and upstate NY (but nothing prohibits investment deals elsewhere). For consideration, contact James Senall at james@greaterrochesterenterprise.com or 585.530.6209.

Springboard Capital – Jacksonville, FL.  Springboard Capital invests in seed and early-stage companies in the following sectors: business products and services, medical devices, products and services, IT and software, consumer products and retail, business and financial services. Prefers to invest in the Southeast. For consideration, contact Alan Rossiter at rossiter@springboardcapllc.com or 904.861.2400.

The Pocono Mountains Angel Network is an Accredited Investor’s membership organization designed to provide its members with investment opportunities including but not limited to investments in the areas of Homeland Security, Advanced Manufacturing, Healthcare, Information Technology, Life Sciences/Biotechnology, and Financial Services.  For more information visit: http://www4.esu.edu/aboutesu/cred/angel.cfm.

Susquehanna Investment Network. SIN is a group of 57 highly successful business people with a wide variety of member skill sets bases around business and manufacturing. The angel investors represent 11 counties in Central Pa. referred to as the “Pa. Heartland” and meet the third Wednesday of each month. Meetings start with a networking reception followed by presentations during dinner. The average investment range is from $25,000 to $500,000. For additional information contact: Bob McCormack at bmccormack@evenlink.com.

Winners Investment Network: In Blair County, we recognize that funding sources are required above and beyond startup packages and traditional “bootstrapping.” Altoona-Blair County Development corporation can help provide this “bridge opportunity” through its Winners Investment Network. WIN is made up of a regional network of highly successful entrepreneurs and businessmen. For additional information contact: abcd@abcdcorp.org.

Special thanks to the Center for Innovative Technology (CIT) for compiling this list.