For a start-up winging it, this local angel can help
TIMES UNION
June 22, 2008
By Pete Iorizzo, Staff writer
Local cash-strapped start-ups -- often high on profit potential but lacking in capital -- sometimes turn not just to banks and lenders but to a more omnipotent authority: angels.
The typical angel tends to be middle-aged, wealthy and experienced. Angels offer guidance, contacts and, most important, money.
In the Capital Region, two dozen angels form a group, overseen and managed by the Center for Economic Growth, called Tech Valley Angel Network.