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Sirti Bestows Award of Honor
October 21, 2010. Billie Moreland, PhD, of Billie Moreland and Associates and Steve Simmons, PhD, E...

Triangle %u201CGraduates%u201D at Sweet Sixteen
The Idea (1994)
In June 1994, while on a layover in the San Francisco airport, Dr. Steve Simmons cam...

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04/30/2003 - Delta Angel Group Launches Terabyte Triangle Activities

The Delta Angel Group (DAG) has moved its accredited investors luncheon into the Terabyte Triangle. DAG is a non-profit association of accredited investors interested in financing early-stage technology companies in the Inland Northwest. DAG’s purpose is to act as a ‘matchmaker’ between investors and young and growing technology companies. Their further purpose is to stimulate the economy by stimulating business, assist in entrepreneurial education, and encourage local investment by bringing together investment opportunities and accredited investors.

Each month, DAG holds a luncheon meeting featuring a presentation of a business plan by a technology business positioning itself for angel investment, according to Kim Stearns, Managing Director. DAG is very particular in regard to the businesses that are allowed to present. The presenters are prescreened to eliminate non-viable or premature business offerings. This helps minimize the investor’s risk in evaluating a new business. Angel investors then complete the negotiation process privately. DAG may be informed that a deal was made, but they are not told the dollar amount, and they don’t take any fee for being the ‘matchmaker.’

According to Stearns, the Delta Angel Group offers many benefits to accredited investors who also become dues-paying DAG members. Those privileges include:
Access to business plans from local high tech startups through DAG's “members only” Web site
Access to pre-screened private investment opportunities each year at monthly member meetings
Company research reports for each of the companies invited to present to the DAG membership
Attendance and meals at each of the 10 DAG member lunch meetings
Privately review and profile early stage business
Participate in related events - workshops, forums, review committees
Attend private meetings with entrepreneurs
Minimize risk in evaluating new business opportunities
Enhance the members network of business individuals in the region
Secure and confidential information
Easy access to other DAG members who may be interested in co-investing through DAG email, networking, and staff referrals.
Requirements for being a DAG member include being an accredited investor and being sponsored by a DAG member or approval by the DAG Executive Board.

The next DAG investment luncheon will be at the Steam Plant Grill. For more information on the Delta Angel Group, contact Kim Stearns at (208) 664-3973 or kim@deltaangelgroup.org, or Norm Leatha at (509) 979-5309 or norm@deltaangelgoup.org.

Billie Moreland
 
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