The Center for Venture Research reported recently a
small reduction in the total amount of money invested by angel funds
nationally in 2009 (in contrast to a sharper decline in VC funding), but
an increase in the number of angel investment.
Aspiring entrepreneurs in Arkansas looking for that elusive Monopoly man - you know, the one in top hat and tails with money to burn - would be well served to hit up their rich, eccentric uncle first.
According to Arkansas entrepreneurs who have been through the seed-capital fire, those private funding sources remain hard to find in a still culturally rural Southern state of less than 3 million. Angel funds - which focus more on early-stage ventures and generally finance in the $100,000-$500,000 range - and venture capitalists tend to be more available on the Coasts.
To read the full, original article click on this link: Arkansas Entrepreneurs: Homegrown Home Run Will See Financing Flow - ArkansasBusiness.com
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