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State and Local Tech-based ED RoundUp
Fresno, California
The Valley Angels Investment Network soon will be administered by San Joaquin Venture Partners, a venture capital fund created in June, and California State University, Fresno, according to a recent article published in the Fresno Bee. Already, the network has nearly 20 prospective angels and 20 service providers and is set to help IQ Biometrix, a computer software company. Next to the Sierra Angels, the Sacramento Angels, the North Bay Angels, and the Tech Coast Angels, the network stands to be one of several such groups in California. Investors interested in becoming angels must have a net worth of $1 million or more or have earned at least $200,000 in each of the past two years. More information is available at: http://www.sjvp.org
Des Moines
A new partnership, the Technology Commercialization Acceleration Program (TCAP), was established Thursday by the Iowa Department of Economic Development and Iowa State University, the Associated Press reported. TCAP will foster the development of 15 new tech-based businesses in Iowa within three years and will serve to increase tech transfer. As part of its role, ISU will assist with the testing and marketing of new technology, developing commercially viable products. More information may be obtained by visiting ISU or the Iowa Department of Economic Development.
Nashville
Over a year in the making, the new angel investor network for Middle Tennessee, the Nashville Technology Funding Alliance (NTFA), had its first meeting earlier this month. Four companies — American Graduate School of Management, Cybera Inc., E.cropolis, and QualTalk.com — presented their business plans to the assembled angel investor group, whose membership has 55 investor members. Townes Duncan, Chairman of the NTFA, said the group's goal is to make it easy for entrepreneurs to find the right local investors and for investors to find business investment opportunities that meet their criteria. To submit business summaries to the NTFA or to obtain more information, visit the website: http://www.technologycouncil.com/ntfa