Developing Funding Opportunities in Montana

Bill Payne to lead workshop for investors in Whitefish, Montana on April 24th

Angels are the new venture capitalists. Sound like a bold statement?

This is the kind of creative thinking needed to create new companies and new jobs at a time when traditional manufacturing companies have been scaling back.

Though there has been sharing among angel groups in the past, this new statewide initiative will make the investing process simpler and faster

Angel investors tend to have solid business backgrounds and are able to analyze the business plan for a candidate company thoroughly, but most angels have little understanding of how intellectual property rights can undermine their investment.

Active angel investors are a mix of the working wealthy and the retired rich. Some dabble in these private investments, while others manage their money full time. Like the businesses they invest in, angels come in all shapes and sizes.

The field is growing, as more individuals accumulate wealth and startup costs have fallen significantly over the past decade.

Ensure that angel investors are well-represented on state economic development advisory
boards, along with entrepreneurs, universities, and other industry representatives;

Utah is considered one of hottest places to invest, and much of that can be attributed to the Fund of Funds program.

The Governor’s Office of Economic Development seeks to establish a network of angel investment groups in Montana.