Based on Appleton, Wisconsin, the NEW Capital Fund focuses on high growth businesses in agriculture, manufacturing, information technology, and life science industries. The Fund supports early-stage companies through equity investment and seed capital financing that can help them achieve initial company milestones to further attract subsequent funding from venture capitalists and other angel groups. With 76 topical partners and roughly $10M worth of capital, the Fund aims to invest in 12 to 14 businesses three years from now.
NEW Capital Management, Inc. oversees the primary operations and usage of the Fund along with its Investment Board that is comprised of five ace members that facilitates the investment process. Also, it allocates the group's resources to alleviate the risks involved in financing start-up companies and gaining an above-average rate of return as well.
Original Article: NEW Capital Fund, Angel Investor Group in Appleton, Wisconsin
