Throughout the history of the US, entrepreneurial ideas and innovative people have helped the economy grow into the most powerful economy in the world. New businesses succeed, and a wide range of ideas have become successful in the US and global markets, thanks in part to that entrepreneurial enthusiasm.
And while current events talk about the recent downs of the US economy, angel investors continue to build a presence - using current trends as a good opportunity to invest for the long term, with a reported 258,200 active angel investors in the US in 2008. The number is even more telling when we refer to angel groups, which is where several investors pool their funds for one larger investment. Only a dozen years ago, there were about 10 such groups in the US, while currently there are hundreds.
Over 26 billion US dollars was invested in various entrepreneurs, start ups and existing businesses. Networks such as our Angel Investment Network seek to connect these investors to entrepreneurs based in the US.
This branch of the Angel Investment Network (Midwest Investment Network) connects thousands of investors based inside the US and internationally, with entrepreneurs based in the Midwest US states (llinois, Indiana, Iowa, Kansas, Michigan, Minnesota, Missouri, Nebraska, North Dakota, Ohio, South Dakota and Wisconsin). This allows entrepreneurs the ability to generate funding for their business, while potential angel investors can find opportunities based near them.