Join the movement to increase the number of black angel investors
Driving inclusion within the angel investing sector
Join the movement to increase the number of black angel investors
Driving inclusion within the angel investing sector
Driving inclusion within the angel investing sector
Driving inclusion within the angel investing sector
An angel investor (also known as a business angel, informal investor, angel funder, private investor, or seed investor) is an affluent individual who provides capital for a business start-up, usually in exchange for convertible debt or ownership equity. Angel investors usually give support to start-ups at the initial moments (where risks of the start-ups failing are relatively high) and when most investors are not prepared to back them. In addition, angel investors provide advice to their portfolio companies.
An increasing number of angel investors invest online through equity crowdfunding or organize themselves into angel groups or angel networks to pool resources. Over the last 15 years, the amount of angel capital going to women founders has increased with the number of women angel investors. We believe that diversity and inclusion efforts designed to increase the number of black people involved in angel investing will lead to more black entrepreneurs receiving angel capital...often the first step in getting on the trajectory to venture capital.
We had a great conversation at the Congressional Black Caucus 5th Annual Small Business Issues Forum hosted by Congressman Donald Payne Jr. about what it takes to build wealth in the black community through entrepreneurship and innovation. The audience was challenged to speak with a wealth advisor, learn more about angel investing, and sign up to attend a Making of Black Angels event.
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