Atlanta, GA (PRWEB) March 10, 2006
The Minority Business Enterprise Center (MBEC), as part of GA Tech's Economic Development and Technology Ventures group, has successfully "incubated" three companies that will meet with Angel Investors on Wednesday March 15th as part of their Do The Deal event. Repeating last year's successful partnership with the Network of Business Angels and Investors (NBA&I) and the Launch Funding Network (LAUNCHfn), these three groups will showcase 5 companies to the Angel Investor community in Atlanta.
Prior to the Do the Deal event, the investors will enjoy a catered lunch and hear from industry experts about the many ways they can get a return on their private equity investments. The Investor Briefing will have something of interest for both seasoned and new angel investors. Private equity investors are coming from around the south east to attend this event.
The greatest challenge small businesses face is getting adequate capital to execute on their business plans before they are cash flow positive. The State of Georgia has funded many economic initiatives to help innovative entrepreneurs go from start up to thriving. Georgia Tech is ground central on many of these initiatives. NBA&I has made a commitment of time and money to rebuilding the angel investor community in Atlanta and in other cities through their Chapter initiative. With a thriving angel investor community, early stage companies have a better chance to succeed and become thriving companies that create jobs for their local communities. LAUNCHfn has built a safe environment for early stage companies to come to for advice and counsel regarding valid funding strategies.