In just eight months, members of 757 Angels have invested more than $1 million in Hampton Roads businesses looking to grow.
"The goal of the organization is to really be an active part of the entrepreneurial ecosystem," executive director Monique Adams said.
The angel investment group has attracted 86 members — accredited investors and high net-worth individuals — since officially launching in February, Adams said. The nonprofit sprouted from the Hampton Roads Community Foundation-led initiative called Reinvent Hampton Roads, which seeks to help diversify the region's economy to be less reliant on decreasing defense spending.