Knoxville, TN (PRWEB) August 15, 2014
ACG's newest chapter will be centered in Ft. Lauderdale, but will serve the Miami and West Palm areas as well. South Florida is a strategic chapter for the Angel Capital Group. South Florida is a community with strong ties to entrepreneurship. According to the Ewing Marion Kauffman Foundation, South Florida has grown faster than all other top metro areas in immigrant tech entrepreneurship. South Florida has a welcoming business community and a ready pool of educated employees. The Chapter President is Michael Boroom, an accomplished entrepreneur and businessman. Mr. Boroom explains, “South Florida is a great place to live and work. I founded my last company here and enjoyed the business friendly climate. Now, I want to help other entrepreneurs create and grow their businesses. ACG has the right model for the area. I am proud to be a part of it.”
Eric Dobson, CEO of Angel Capital Group, elaborated on the advantages of the new chapter saying, “South Florida has become a destination for startups. And, we want to take advantage of that.”
About Angel Capital Group
Angel Capital Group is an “angel” capital private equity network with 200 members in six cities across five states including Denver, Co; Kansas City, Mo; Nashville, TN; Knoxville, TN; Charleston, SC; and South Florida (Ft. Lauderdale). The company was founded in 2008 in Nashville, TN and is headquartered in Knoxville, Tennessee. ACG has invested $4M in 35 companies across a variety of market sectors. ACG invests in 8 – 12 companies out of over 500 applications it receives per year. ACG’s resources have been used to create over 100 jobs across the portfolio and have generated over $12M in follow-on investment capital for these companies. For additional information about Angel Capital Group and its investment criteria, visit online at http://www.theangelcapitalgroup.com, @angelcapitalgr, http://www.facebook.com/angelcapitalgroup.