Angel Investor Resources

Wisconsin's Investment Infrastructure

• The Wisconsin Portfolio, a yearly publication on risk capital in Wisconsin: Downloadable copies, 2012, 2010, 2009, 2008
• WEDC's 2011 report on early stage tax credits
• Map of Wisconsin's angel networks and funds
• Graph of Wisconsin's angel network and funds investing trends
• Wisconsin historic VC funding levels, 1990 - 2010.
• Risk Capital in Wisconsin: 2006 report on overall risk capital environment in Wisconsin. Released April 10, 2006
• Angel Investing Report: report on the first year's results of Wisconsin's early stage tax credits in 2005. Released January 31, 2006
• The Economic Value of Academic Research and Development in Wisconsin: Published by the Wisconsin Technology Council. (5.6 mb pdf).
• Wisconsin Life Sciences Magazine: Published by the Wisconsin Technology Council in cooperation with the state Department of Commerce and other sponsors (1.4 mb pdf).
• Wisconsin Technology Council's Vision 2020
• Northeast Wisconsin Economic Opportunity Study
• Building the New Wisconsin Economy

• Angel Capital Association Guide to Creating Angel Networks 
• WAN Members and how to get Involved

Deal Sourcing

• Angel Capital Association's Best Practices List (emphasis on deal sourcing)

Due Diligence

• Due Diligence Checklist: from the Kauffman Foundation's Angel Capital Association
• News Article: Due diligence and corporate clean-up
• News Article: IP due diligence for venture capital and angel investors

Structuring the Deal

• National Venture Capital Association's Model Financing Documents: Sample Term Sheet, Investor Rights Agreement, Voting Agreement, etc.
• Private Equity Industry Guidelines Group (PEIGG): Private Equity Valuation Guidelines
• Positioning an Angel Investment for Follow-On Funding

Wisconsin Angel Investment Tax Credits (Act 255)

• Timeline of investment tax credit revisions, through 2011
• Wis Tax Credit Certified New Business Ventures
• Tax Credits and Government Incentives for Angel Investing in
  Various States - by the Angel Capital Education Foundation, July 2008

General Angel Resources

• 2010 Small Business Jobs Act's affect on angel investing
• Angel Capital Education Foundation's report on state best practices for the early stage investment market
• SEC Regulation D, link to full text 
• SEC Regulation D, excerpt of Accredited Investor Definition 
• Department of Financial Institutions' Angel Capital Resource Center
• Angel Capital Association
• National Association of Seed and Venture Funds
• European Angel Network
• National Venture Capital Association
• Community Development Venture Capital Association
• Kauffman Foundation

Early Stage Investment Trends/Research

• UNH Center for Venture Research's 2009 Angel Investing Report
• National Governors' Association State Strategies to Promote Angel Investment for Economic Growth
• ACEF's 2007 Returns to Angel Investors in Groups
• Federal Reserve Bank's 2005 Report on Results from Focus Groups with Angel Investors 
• Angel Capital Association Research web page
• Innovative Strategies to Support Entrepreneurs

Information Sources 

• Wisconsin Technology Council
• Governor's Business Plan Contest 
• Wisconsin Technology Network
• Wisbusiness.com