Saturday, December 20, 2003
According to Jeffrey E. Sohl, director of the University of New Hampshire's Center for Venture Research, angel investing activity is increasing with the bump up in the stock market.
Nationwide, angel investment activity tracks the stock market and is more volatile. In 2001, angel investing totaled about $30 billion. Last year, it dropped by nearly half to $15.7 billion.
Here's an article on the increasing activity in Philadelphia. Go.
If you want some background on angel investing, here is an excellent article by Fred Wainwright, the Executive Director of the Center for Private Equity and Entrepreneurship at the Tuck School of Business. Go.
posted by Ed Morrison |
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Some Background on EDPro Weblog
The purpose of this weblog is to help economic development professionals -- EDPros -- keep up with the changes sweeping our profession. Strap on your goggles. It's a whole new game. There are no experts any more. The only place to learn about economic development is from other EDPros who are doing it.
One other point: the prevaling approach (paradigm, if you like) in economic development is shifting from competition to collaboration. There are a lot of reaasons underlying this shift, but here's the important insight: You, your community, and your region will do better by collaborating and sharing information.
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Speaking and workshops on Open Source Economic Development
As the idea of Open Source Economic Development starts spreading, more people are asking about it. Visit the I-Open web site to learn more. My colleagues and I are happy to explain the basic concepts in a talk or a workshop. E-mail Susan Alshuler if you'd like to learn more about workshops and speaking.
Background on Ed Morrison
Download some background information on me here.
Angel investing is starting to turn up
