Angel Investment Networks
Venture capitalists have all but moved out of early-stage investing, and angels—typically, wealthy individual investors willing to provide initial seed money to a company—have an entrepreneurial spirit that attracts them to startups. We see angel networks filling a growing need for investments in early-stage companies between $500,000 and $2 million. Research shows that regions with organized angel groups make larger investments and tend to reinvest more often.
Pennsylvania Angel Network
The Pennsylvania Angel Network (PAN) is a member association of angel groups across Pennsylvania. For more information, contact:
Valerie Gaydos, President
Phone: 717.238.1222
Email: valerie@paangelnetwork.com
Lancaster Angel Network
The Lancaster Angel Network is a group of successful business people that meets monthly to review companies in a wide variety of industries and businesses of all sizes. The meeting is held over dinner and is preceded with a cocktail mixer. Meetings are held the second Tuesday of the month, except in August. Businesses interested in making a presentation should email executive summaries to:
Michael A. Shoemaker
c/o Wellspring FV LLC
128 East Grant Street, 4th Floor
Lancaster, PA 17602Phone: 717.293.5151
Fax: 717.293.1611
Email: mas@wellspringfv.com
Southwest Pennsylvania Angel Network
SPAN—the Southwest Pennsylvania Angel Network—is an organization that connects angel investors seeking early-stage investment opportunities with the region’s most promising startup technology companies. Each quarter, two companies are selected to present their business plans to SPAN members who then have the opportunity to evaluate the organizations for potential investment. For additional information contact:
Innovation Works
2000 Technology Drive, Suite 250
Pittsburgh, Pennsylvania 15219-3109Phone: 412.681.1520
Email: info@innovationworks.org
Susquehanna Investment Network
The 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:
Bill Metzger, Sr.
Susquehanna Investment Network
One Kelly Square
Route 15 North
Lewisburg, PA 17837Phone: 570.568.2000
Fax: 570.568.9000
Email: csi@uplink.net
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:
Winners Investment Network
3900 Industrial Park Drive
Devorris Center for Business Development
Altoona, Pennsylvania 16602Phone: 814.944.6113
Email: abcd@abcdcorp.org
Investors’ Circle of York
The Investors’ Circle of York meetings are held the third Wednesday of the month in York, PA at 6pm. Interested entrepreneurs should contact Carole Swope as listed below.
Carole Swope
York County Economic Development Corporation
144 Roosevelt Ave., Suite 100
York, PA 17401Phone: 717.846.8879 ext 3034
Fax: 717.843.8837
Email: cswope@ycedc.org
More Information on Angel Networks
Angel Capital Association
The Angel Capital Association is a nationwide membership organization of angel investment groups. The association holds an annual conference and provides training to angel groups. Go to www.angelcapitalassociation.org for more information.
National Association of Seed and Venture Funds
NASVF is an organization of innovation capital leaders: private, public and non-profit organizations committed to building their local economies by investing in local entrepreneurs. They hold annual conferences and provide training in equity investment both to investors and entrepreneurs. Go to www.nasvf.org for more information.
Inc.com
Publishes this online directory of angel networks.
