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WAN investor-member meeting and I-Q Corridor Investors' Forum
Host: Michael Best and Friedrich, LLP |
Catalyzing Angel Technology Investing
An exclusive event for angel investors and technology transfer professionals
Link to more information
Host: Bank of America |
2010 Early Stage Symposium
November 10-11
Monona Terrace Convention Center, Madison
Register now. |
WAN Members
Investor-members
Appletree Capital
Baird Venture Partners
Brady Corporation
Capital Midwest
Capvest Venture Fund
Central Illinois Angels
Central WI Business Angels
Continuum Investment Partners
DaneVest
Daycholah Capital
Golden Angels Network
Illinois Business & Investors Forum
Kegonsa Partners
Lake Superior Angel Network
Marshfield Investment Partners
Mason Wells
MDC Venture Debt Fund
NEW Capital Fund
Peak Ridge Capital
Origin Investment Group
Pennies from Heaven
Phenomenelle Angels Fund
Promega Corporation
Silicon Pastures
St. Croix Valley Angel Network
Stateline Angels
Successful Entrepreneur Investors
Triathlon Medical Ventures
Venture Investors
Wisconsin Investment Partners
Women Angels, LLC
Informal networks: 1
Advisory Committee
Sec. Lorrie Keating
Heinemann (Chair)
Dept. of Financial Institutions
Sec. Aaron Olver
Dept. of Commerce
Tim Keane
Golden Angels Network
Richard Leazer
Wisconsin Investment Partners
John Neis
Venture Investors
Tom Still
Wisconsin Technology Council
David Ward
NorthStar Economics
WAN Staff
Joe Kremer
Director
Jodi Hoeser
National Conference Director |
Newsletter Sponsors
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| Each year the Wisconsin Angel Network takes an inventory of ways we are fulfilling our mission of fueling the growth of entrepreneurial, early stage financing. By tracking metrics such as website traffic (23,532 visitors during the fiscal year ending June 30), the number of downloads of WAN resources (1,137 views of on-demand videos; 2,776 downloads of the business plan, presentation and pitch templates) and specific pages (2,856 views of the WAN Guide to Early Stage Financing), we are able to better understand which and how much of our resources are being accessed. The Wisconsin Angel Network is also involved in a number of yearly events, including the upcoming 2010 Early Stage Symposium, during which entrepreneurs seeking investors get a chance to network and pitch potential funders. |
 WAN event: 2010 Early Stage Symposium
 During events such as the Wisconsin Early Stage Symposium, produced by the Wisconsin Technology Council, the Wisconsin Angel Network helps entrepreneurs make capital connections. The WAN Investors' Presentations provide about 20 companies the opportunity to make seven-minute presentations to an audience that includes early stage investors. Another 20 will participate in the Elevator Pitch Olympics, a fast-paced opportunity to convince a panel of investor-judges they should invest in, or at least take note of, your company. Individual pitch opportunities to investors and peers during breaks and receptions provide a unique networking environment. Follow this link to more information about the symposium and the presentation opportunities. |
WAN publication: Monthly newsletter, the eVestor
WAN's monthly newsletter, the eVestor, debuted in September 2006 with the goal of keeping the early stage investment community informed and connected on news, public policy, resources, investments and events. Each month eVestor is electronically distributed to more than 2,000 individuals with another 200 electronic copies downloaded and 200 hard copies handed-out at events. Electronic copies of past eVestor's can be downloaded at www.wisconsinangelnetwork.com/newsletter.
Subscribe to the eVestor by following this link. |
WAN group: Midwest co-Investment Network (MIN)
The Midwest co-Investment Network (MIN) was launched during the summer of 2008 by WAN and a partner in Illinois, Dennis Serio of the Illinois Business and Investors Forum. Membership is made up of 16 angel networks and funds in Wisconsin, Illinois, Minnesota, Missouri, Ohio and Connecticut. Thus far eight deals have been introduced to the group for co-investment, with six deals completing their funding rounds with MIN member involvement. The group will be meeting in conjunction with the Midwest Research University Network in Chicago on October 14 during the Catalyzing Angel Technology Investing event. Follow this link to more information. |
WAN tool: The Deal-flow Pipeline
Originally designed in-house, the Deal-flow Pipeline (DFP) opened in June 2005 and became the first on-line connection between investors and entrepreneurs with successful results. In June 2008, the DFP was switched from our proprietary database to a commercially available web-based platform called Angelsoft. Angelsoft is used worldwide by 400 angel networks and funds and provides a comprehensive and secure way for entrepreneurs to complete funding rounds. The DFP currently houses 237 registered companies with 63 investors, many leaders of angel networks and funds, having access.
WAN investor-members with access to the DFP are given the chance to be the first to review the plans of presenters at the annual Early Stage Symposium and the Diligent Dozen, the twelve finalists in the Wisconsin Governor's Business Plan Contest. The Midwest co-Investment Networks also uses the Angelsoft platform, giving member-investors easy access to co-investment deal information.
Entrepreneurs seeking funding, follow this link to create a free account on the DFP. |
WAN outreach: New angel network north of Highway 8
Wisconsin's second angel network north of Highway 8 was announced. Former Wisconsin Commerce Secretary Dick Leinenkugel is leading an effort to start an angel investing group in Vilas County, a premier resort area in northern Wisconsin. Among those involved is G. Steven Burrill, founder of Burrill & Co., a San Francisco investment bank focused on life sciences companies that has more than $1 billion under management. Both Burrill and Leinenkugel have vacation homes in Vilas County. Burrill is chairman and Leinenkugel is interim executive director of the Vilas County Economic Development Corp. Follow this link to read more. |
I-Q Corridor deals, acquisitions and exits
Quincy Bioscience, $250,000 by DaneVest Tech Fund*, read more.
Zystor Therapeutics Inc. acquired for $22 million plus $93 million attached to milestones, read more.
Exact Sciences registers to sell $150 million in securities, read more. Telkonet to raise $1.3 million through stock sale, read more.
*WAN investor-member Other investment news:
SBA lending in Wisconsin plunges in July, read more.
Tech execs bullish yet cautious, read more.
Challenges aside, Wisconsin's biotech sector positioned for growth, read more.
State-backed venture funds carry risks, rewards, read more.
Skype, going public, hopes for $100 million from first offering, read more.
Madison satellite center awarded $60 million grant, read more. |
Upcoming events
WIN-Milwaukee Medical College of Wis. NIH grant - Sept. 8, Wauwatosa
Call for company presenters, deadline 8 am on Sept. 20. Click here to apply | |
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In Closing
Inaugurated in January 2005, the Wisconsin Angel Network's roots were established a year earlier. A public-private collaboration group was created with founding members being Secretary Lorrie Keating Heinemann of the Department of Financial Institutions, key legislators, the Wisconsin Technology Council and a group of investors. The group began laying the ground work for the WAN program by securing an initial public investment of $300,000 and generating broad support throughout the community. WAN was launched in conjunction with the 25 percent early stage investment tax credits.
Since 2005 Wisconsin's angel network and funds have grown from six to 22 (soon to be 23) and investments from this segment of the early stage investment market have increased from just over $5 million in 18 deals in 2005 to $22.1 million invested in 56 deals during 2009, an increase of 50 percent over 2008 levels and bucking all national, investment capital trends. With help from many supporters, the WAN is helping to grow an economy based on technological innovation, an educated work force and high-paying jobs. Coming soon: The 2010 edition of The Wisconsin Portfolio examines year-to-date early stage investments and more. Follow this link to last year's Wisconsin Portfolio.
Please share eVestor with others; if you're not on our e-mail list, click here to join.
Joe Kremer, director
Wisconsin Angel Network
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