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STARTING A GROUP
As more and more investors and communities recognize the benefits of establishing angel groups, it's important to have resources that ensure that they don't have to recreate the wheel. The Kauffman Foundation and several ACA members have developed tools that will help groups in formation get a quicker and more effective start.
This page includes many practical tools for determining the best structure for your group and beginning operations. It should be noted that there is not one "right" structure or methodology for assessing community readiness for an angel network - the tools below are provided only as examples.
"Angel Investment Groups, Networks, And Funds: A Guidebook to Developing the Right Angel Organization for Your Community" - by Susan Preston, in association with the Kauffman Foundation.
The guidebook above recommends that communities conduct an assessment of their community and its characteristics for angel group development as a first step.
Case Study - Tech Coast Angels - Luis Villalobos, Founder of this large angel group in Southern California writes about TCA's keys to success and how it operates.
Executive Summary - Example Angel Group Business Plan - Lake Las Vegas Angels - This plan for a fictional angel group provides detailed ideas for development of an angel group.
Implementation Plan
Joining Angel Organizations: A Win-Win Opportunity - Bill Payne, experienced entrepreneur and angel investor, discusses the many reasons that investors’ active participation in angel groups is a great idea for individual angels.
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