The economy is powered by relationships, from making
a sale to securing an investment, business is built
through connections. The Wisconsin Technology Council
has focused on enhancing relationships within
Wisconsin's borders, but as importantly, beyond. The I-Q
Corridor is an outcome of this outreach, a brand for
the land that stretches from the Twin Cities down
through Chicago. The I-Q Corridor is a region rich in
ideas, innovative workers, investment capital and some
of the world's most exciting intellectual property.
In the coming months, the Wisconsin
Angel Network will be launching three initiatives
dedicated to enhancing collaboration and connections
along the I-Q Corridor. This month's eVestor is a
preview of these and the upcoming 2008 Entrepreneurs'
Conference being held June 9-10 in Milwaukee.
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Wisconsin Entrepreneurs' Conference
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June 9-10, Milwaukee
The sixth annual Wisconsin Entrepreneurs'
Conference is designed to be a key gathering point
for entrepreneurs and investors. Many parts of the
program are designed for investors. Highlights for
investors include:
Accredited Investor-only
programming
- I-Q Corridor
Investors' Forum: John
May will provide an overview on co-investing
and lead a group discussion on the new
co-investing network.
- Introduction to
Angelsoft: Members of the Angelsoft team,
headquartered in New York, will hold a tutorial on
the software's functionality which was designed to
enhance deal flow between networks.
Investor-related
programming (open to all attendees)
- 2008 Governor's Business Plan Contest
(BPC) finalist presentations
- BPC
Reception and Awards Dinner
- First Look
Forum: Investor previews of campus
R&D
- 2008 Ken Hendricks Memorial Seize
the Day Award
Follow this
link to register and for more
information.
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Co-Investing Network |
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A challenge in the
early-stage investment market is funding
entrepreneurs seeking $1-5 million, often referred
to as the "funding gap." Typically an investment
this size is too large for a single angel network
and too small for VC's. To help fill the funding
gap, the Wisconsin Angel Network in conjunction
with partners have created a co-investing network.
Using Angelsoft, video conferencing and
face-to-face meetings the group will co-invest in
deals typically too large for just one angel
network. For more information on the co-investing
network contact
WAN director, Joe Kremer.
The
co-investment network will be discussed during the
next I-Q Corridor Investors' Forum being held June
9 during the Entrepreneurs'
Conference.
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New Deal-flow Pipeline |
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The Deal-flow Pipeline (DFP), launched June
2005, fast became the first successful, publicly
available on-line collection of investment deals.
A new product, Angelsoft, will be replacing the
current DFP. Angelsoft enables investors to share
deals and information electronically, enhancing
collaboration and co-investing throughout the I-Q
Corridor. The official switch will be made on June
1. Entrepreneurs with plans on the old Deal-flow
Pipeline will need to re- upload through the new
system.
A tutorial on Angelsoft will be
held on June 9 during the Entrepreneurs'
Conference.
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I-Q Corridor Connector |
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Communication drives
relationships. The I-Q Corridor Connector
electronic newsletter will focus on introducing
the main players in our region's high tech
economy, listing regional events and compiling
investment deals made within the region. The
newsletter will debut this summer.
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Deals Made |
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$6.4 million in four deals
were reported in the past month.
FluGen, $2.2 million
by individual angels
Tissue Regeneration
Systems Inc., $2 million by Venture Investors*
and others
Spaulding Clinical Research,
$1.7 million by Successful Entrepreneur
Investors*
Silatronix, $500,000 by
Venture Investors*
*WAN
Investor-member
Other Investment
News:
U.S. Trailmaps and the
BPC were covered in Entrepreneur magazine, read
the article.
Split Rock Partners of
Minnesota raised a $300 million fund, read
more.
Are we missing a deal or
other investment news? E-mail info@wisconsinangelnetwork.com
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