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Interested in getting involved with angel investing in the Mohawk Valley and Southern Tier? Connect with us at info@uvc.org

Small Investments Anchor Big Companies

Angel Investing Testimonials

Since 2010, UVC has assisted in the formation of six angel funds across Upstate NY. As a result, more than 200 angel investors have invested $20 million in 80+ startups across our region. UVC is actively recruiting investors to join us in building funds in Binghamton and the Mohawk Valley. Contact us to launch a fund in your community or get involved in an existing fund. UVC can provide anyone thinking about angel investing with a personal introduction to a local source.

What is angel investing?

Angel investors are high net worth individuals (Accredited Investors) who are investing their personal funds in emerging companies. Angels provide an early source of growth funding for startup founders. Unlike professional venture capital/private equity investors, angels are not buying control, but are interested in supporting the founders’ success over the long haul.

Why do we need more angels?

Angel investors are the first line of support for new entrepreneurs. Most angels are entrepreneurs or successful business people. Almost all are motivated by a desire to be around other entrepreneurs and to aid in their success. Angels typically enjoy mentoring and opening their networks to new founders. Successful startup communities have lots of angel investors who are visible and accessible. Their visibility gives new founders a sense that success is possible; and founder-angel contacts lead to investment of time (knowledge sharing) and (ultimately) money. If there aren’t enough angels, ambitious founders in Upstate communities will continue to strike out for major metro areas in search of the mentoring and financial support needed for success.

Should I invest alone or join a fund?

Angel investors face a choice—invest individually or with a fund. Individual investing is an option for people with lots of capital, personal experience with VC financing and/or ability to piggyback on investments with more knowledgeable friends. This is the dominant mode for startup communities that have lots of VC money and angels with deep experience in high growth industries. In contrast, the best path for Upstate angels is to participate in a fund. Angel funds enable investors to learn from each other, manage risk through smaller initial commitments, and build a bigger, more diversified portfolio. Beyond getting better financial returns, joining a fund puts you in contact with other like minded individuals in your area who share a common goal of working together to make a difference in helping the next generation entrepreneurs and new companies. Significant personal relationships form and the social side of angel investing in a fund is not to be overlooked.