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Midwest plays small role in VC investment, angel groups to the rescue

> According to the San Francisco Business Times, and based on a University of New Hampshire study, angel investors in the U.S. invested about $22 billion last year, or the same amount as VCs, in 48,000 entrepreneurial ventures (this would average out to about $460,000 per venture). This is an amazing trend that needs to be clearly watched as VC money gets harder and harder to access.

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Source:wistechnology.com By Michael Rosen 02/20/06


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