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Flynn’s Harp: A conversation with Bill Payne, dean of angel investors

September 15, 2010 /

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Bear Paw Development Corporation is a private non-profit organization created for the purpose of administering programs to help improve regional economic conditions in Hill, Blaine, Liberty, Chouteau and Phillips Counties and the Fort Belknap and Rocky Boy's Indian Reservations.

Bill Payne http://www.billpayne.com , the dean of angel investors, is convinced "the government hasn’t got a clue" about the link between economic recovery and the ability of emerging companies to access the capital they need to grow, and thus create new jobs.

But with bank credit drying up and the shrinking of venture capital availability, Payne thinks an increase in angel-investment activity and a "growing sophistication" among angel investors could fill a funding gap faced by capital-starved growth companies.

Mike Flynn

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