When Dan Kincaid became one of Cincinnati’s newest angels in September, he promised to invest at least $250,000 in local startups within three years. Five months later, he’s more worried about exceeding that total than simply meeting it.
“There are a lot of interesting things going on in Cincinnati right now,” said Kincaid, a former health-insurance executive who sold his pharmacy management company in 2005, leaving him with time and money to invest.
Kincaid was one of five new investors to join Queen City Angels in 2009. The nine-year-old group of accredited investors now has 31 members, with growing expertise in the field of life sciences.
“With the bench strength we have now, we have a lot more confidence in our ability to adequately assess life-science deals and bring the proper expertise to the company if we make an investment,” said Tony Shipley, QCA chairman.
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Author: Dan
Monk
