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National angel investment grew 11 percent in `06

.5 percent of these women entrepreneurs received angel investment in 2006.

Minority angels accounted for just 3.4 percent of the angel population, and minority-owned firms represented 6.9 percent of entrepreneurs who presented their business plans to angels. The yield rate for minority-owned firms was only 7.1 percent, about two-thirds below the overall yield rate.

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Source:wistechnology.com By Joe Vanden Plas 03/19/07


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