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Growing Wings: Building a Northwest Montana Angel Group

Montana is a great state for fly fishing but has been a hard place to raise capital for startups. It’s a rural state, but a "unique rural" that attracts newcomers to the high amenity natural environment including Glacier National Park, Big Mountain Ski Resort, Flathead Lake and Bob Marshall Wilderness. It also has a great cyber environment, boasting a 99% DSL availability. Montana is banking on both these environments to help build its knowledge-based economy, since both are strong magnets for "angel" investors and those entrepreneurs who want to work where they choose to live.

In Whitefish, Montana West Economic Development* (MWED) has "kicked it up a notch" by helping local angels form an organized group and begin setting up an investment fund. Nothing attracts capital and entrepreneurs like an active local angel group.

Liz Marchi, President

Montana West Economic Development http://www.dobusinessinmontana.com

Full Story: http://www.cfi-institute.org/VP%20-%20Growing%20Wings%20-%20Marchi.html

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