Finding Angel Investors in the Midwest US
2008-09-05 22:30:23 -
With business entrepreneurial pursuits making headlines and entering television shows both in the US and abroad these days, more and more people are looking to make that change and start their own business. Find out how people in the Midwestern states are doing so. With business entrepreneurial pursuits making headlines and entering television shows both in the US and abroad these days, more and more people are looking to make that change and start their own business. Some use their previous experience to provide a refined version of something that they believe can be improved on, while some people lean towards the innovative side, with an idea that's been pulling at them for months if not years.
While their ideas may cover a vast range of ideas, there tends to be one thing that they have in common. The entrepreneur is ready, all he or she needs is a few hundred, or is that thousand dollars in order to get their new idea off the ground. And then there is the concept of being discovered in the first place. This is where the concept of 'angel investment' comes into play.
With little or no capital, let alone an established brand name, most business entrepreneurs cannot get their company approved for things like loans, as they have no credit record. And so individual funding from various sources is usually required. Known as business angels, these are usually high end investors who will invest seed capital in your company, in exchange for a set percentage of your company's profit, basically making them in some way a silent business partner.
Many of the biggest start-ups in the online world (such as Amazon and Google) got their starts from angel investment, but even offline companies, such as the Body Shop and Starbucks were all started thanks to the help of angel investors.
Not only this, but you no longer have to be living in one of the major metropolis's in order to generate interest from potential investors. Communities such as the Midwest Investment Network provide investors with details of registered entrepreneurs in the Midwest US states (Illinois, Indiana, Iowa, Kansas, Michigan, Minnesota, Missouri, Nebraska, North Dakota, Ohio, South Dakota and Wisconsin), with a majority of the communication occurring online from investors both in the Midwest US and elsewhere - giving entrepreneurs the ability to raise funding not just in the US but internationally.
Further details are available at www.midwestinvestmentnetwork.com - while a list of recent entrepreneurs can be seen at www.midwestinvestmentnetwork.com/home/110