Sunday, July 30, 2006
In an effort to stimulate angel capital, the New Jersey Economic Development Authority will guarantee the repayment of $94,000 of a $285,000 investment a group of six angel investors is making in an early-stage software company. Read more.
The Angel Guarantee Program allows angel investors to insure up to one third of the capital at risk
The investors belong to Jumpstart, a network of early stage investors that is affiliated with the New Jersey Technology Council. Only Jumpstart members are eligible for the Angel Guarantee Porgram. You can learn more about Jumpstart from its web site.
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.
NJ's Angel Guarantee Program
