Sunday, August 07, 2005
More and more regions are moving to fomalize angel capital networks. Here's an article that explains what is taking place on the Treasure Coast in Florida. Read more.
Bill Wetzel, an economics professor at the University of New Hampshire, coined the term after conducting research on new venture creation in New England. He learned that a lot of start-up companies formed with investment from informal networks of sophisticated investors. In 1981, he published a pathbreaking paper on informal risk capital in New England. In 1983, Wetzel formed the Center for Venture Research to carry on his work. (I know all this because in 1983, I tried to apply Wetzel's ideas to a project in Louisiana...without much success. But that's another Louisiana story.)
You can learn more about the Center here. You can learn more about angel investing from the Angel Capital Association.
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.
If you are using a news reader, here is the link to syndicate this site:
Here's the link if you are a bloglines subscriber:
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 capital group forms in Florida
