Angel Investor Network Program
The Missouri Technology Corporation has awarded grants to four Missouri angel investment groups to enhance the availability of angel investments to startup companies in Columbia, Lee’s Summit, Springfield, and St. Louis. Each angel investment group received a $30,000 one-year grant in FY2009 to fund operational expenses such as staff, as well as professional services for the review of potential investments, member training, and development. The grants have an optional one-year renewal.
The term “angel investor” refers to investors who provide seed and early-stage capital funding to entrepreneurs and companies that are in the gap beyond self-funding but before traditional venture capital funding. Many companies at this stage of development would not be able to continue to exist and grow without the funding provided by these investors.
The following angel investor groups received grants:
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