For many people, a starting point in the quest for angels is the
Internet. But keep in mind that at this point, the Internet is a
communications medium, not a capital-formation medium. It may turn
up leads, but it's not going to deliver the goods lock, stock
and barrel.
A good first stop is ACE-Net, an SBA initiative that uses the
power of the Internet to match entrepreneurs with accredited
investors. By listing your deal on ACE-Net, you make yourself known
to the thousands of angel investors who have access to the
site.
Moreover, according to Jere Glover, chief counsel of the
SBA's Office of Advocacy, ACE-Net now offers contact
information for 38 so-called nodes that can act as
entrepreneurs' connections to angel investors. "Many of
these nodes operate their own angel networks," Glover says.
Their names, addresses and telephone numbers can be found at
https://ace-net.sr.unh.edu. (The
"https" designation indicates that ACE-Net is a secure
site, with limitations on access.)
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You can also type the words "angel investor" into your
search engine, and all manner of matter will surface. There's
something new on the Internet every day and some of what comes up
may be worth looking into. But beware: There's a lot of junk
out there, too.