| ||||||||||
Dr. Ronald P. Rogers CHIROPRACTOR Support for your body's natural healing capabilities 270-384-5554 Click here for details Columbia Gas Dept. GAS LEAK or GAS SMELL Contact Numbers 24 hrs/ 365 days 270-384-2006 or 9-1-1 Call before you dig Visit ColumbiaMagazine's Directory of Churches Addresses, times, phone numbers and more for churches in Adair County Find Great Stuff in ColumbiaMagazine's Classified Ads Antiques, Help Wanted, Autos, Real Estate, Legal Notices, More... |
Kentucky Angel Investors Network will support entrepreneurs Gov. Beshear Launches Kentucky Angel Investors Network to Support Kentucky Entrepreneurs, Investors. Virtual meetings link companies pursuing funding, investors statewide. By Joe Hall Gov. Beshear's Communications office FRANKFORT, KY. (Nov. 22, 2013) - Governor Steve Beshear announced on Friday the creation of the Kentucky Angel Investors Network (Kentucky Angels), a virtual network that links companies pursuing funding with would-be investors from across the state. Gov. Beshear kicked off the initiative at the inaugural Kentucky Investment Summit, held last week in Frankfort. “Experienced mentors and private investors are critical components of a thriving innovation ecosystem,” said Gov. Beshear. “The Kentucky Angel Investors Network will provide the forum and vehicle for private investors to come together, to demonstrate our support for entrepreneurs across the Commonwealth and to invest in Kentucky’s future.” Kentucky Angels will bring new ventures and accredited investors together via monthly online meetings, providing investors access to early-stage deal flow on a statewide basis. Membership is open to investors within the state and other investors passionate about investing in the Commonwealth. The first online meeting is planned for January 2014. “Nationwide, more than 70 percent of early-stage capital received by entrepreneurs comes from investors in the same state,” said Phoebe Wood, a business executive and an active angel investor. “We need to build a robust, statewide ecosystem by supporting our entrepreneurs with strong business plans and teams, and by syndicating deals among our communities.” Initial implementation of Kentucky Angels is led by the Cabinet for Economic Development’s Office of Entrepreneurship, the Lexington office of the Kentucky Innovation Network, and the Von Allmen Center for Entrepreneurship at the University of Kentucky’s Gatton College of Business and Economics. “By increasing the exposure between investors and entrepreneurs, we can provide opportunities to invest in Kentucky’s companies of tomorrow, provide growth capital to entrepreneurs and allow new angel investors access to deals that have been screened and have already generated interest from other investors,” said Cabinet for Economic Development Secretary Larry Hayes. “The Kentucky Angel Investors Network will support and grow the entrepreneurial and creative communities in their immediate areas and throughout the state. The cabinet is proud to support this initiative.” “Monthly online presentations will feature entrepreneurs who already have a lead investor and negotiated term sheet,” said Dean Harvey, executive director of the Von Allmen Center for Entrepreneurship. “This approach will help simplify due diligence for other investors and foster communication among investors and entrepreneurs on a statewide basis.” Earlier this year, Gov. Beshear announced the creation of the Office of Entrepreneurship within the Cabinet for Economic Development with a goal of streamlining the state’s focus and efforts to create and promote a strong culture of entrepreneurship. The office oversees the Kentucky Innovation Network, the Kentucky Export Initiative, as well as an array of other services, programs and initiatives to encourage small business growth. Kentucky Angels website is KYAngels.net This story was posted on 2013-11-23 01:27:57
Printable: this page is now automatically formatted for printing.
Have comments or corrections for this story? Use our contact form and let us know. More articles from topic News:
Letter: Another use for tobacco sticks Where were you when JFK died? - Ralph Waggener's story Poetry by Lemia Laval: Tired FFA students find better use for legacy tobacco sticks Sue Stivers remembers emotions at Sgt. York funeral Trinity United Methodist Church to celebrate homecoming Adair 4-H Ham Auction follows 4-H annual Awards banquet Recycle, Reuse, Renew! - JAIS & CWC Prayer service Sat. Nov. 23, 2013 will bless OCC boxes Poetry by Wiilie M. Feese, Jr.: The funeral of JFK View even more articles in topic News |
|
||||||||
| ||||||||||
Quick Links to Popular Features
Looking for a story or picture? Try our Photo Archive or our Stories Archive for all the information that's appeared on ColumbiaMagazine.com. | ||||||||||
Contact us: Columbia Magazine and columbiamagazine.com are published by Linda Waggener and Pen Waggener, PO Box 906, Columbia, KY 42728. Please use our contact page, or send questions about technical issues with this site to webmaster@columbiamagazine.com. All logos and trademarks used on this site are property of their respective owners. All comments remain the property and responsibility of their posters, all articles and photos remain the property of their creators, and all the rest is copyright 1995-Present by Columbia Magazine. Privacy policy: use of this site requires no sharing of information. Voluntarily shared information may be published and made available to the public on this site and/or stored electronically. Anonymous submissions will be subject to additional verification. Cookies are not required to use our site. However, if you have cookies enabled in your web browser, some of our advertisers may use cookies for interest-based advertising across multiple domains. For more information about third-party advertising, visit the NAI web privacy site.
|