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Angel fund to focus on women and minority businesses

Madison, Wis. - Amid reports that high net worth women represent a largely untapped source of capital for start-up businesses, Wisconsin's first angel fund focusing on investments in women and minority-owned or managed businesses was officially launched at the State Capitol.

The Wisconsin Women's Angel Fund, announced by members of the women-led
The Kauffman Foundation report, titled Women and Angel Investing: An Untapped Pool of Equity for Entrepreneurs, said of the estimated 225,000 active angels, no more than 8 percent are female. Those angels invested $23.1 billion in nearly 50,000 entrepreneurial deals in 2005, according to th......

Full article >>> al flows. "Member investors are automatically notified of the executive summaries," said Joe Kremer, director of WAN.

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Source:wistechnology.com By Joe Vanden Plas 05/09/06


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