GTAN Angels are successful entrepreneurs who have typically either built their businesses, professional careers, or homes in the Golden Triangle region and are seeking opportunities to invest in companies in which they can take an active interest.
An Angel Investor is a person who invests in a business venture, providing capital for start-up or expansion. These individuals are looking for a higher rate of return than would be given by more traditional investments, given the high risk associated with early-stage companies.
Angel investors are perceived of as “filling the gap” between the financing provided by family and friends and venture capitalists. Individual Angel investors typically invest $25,000 – $150,000 per year, but it’s becoming increasingly common for Angels to operate as part of an organized Angel Network (a group of Angel investors), like GTAN, which raises their potential investment level accordingly and allows them to share research and pool their investment capital.
Typically, an Angel investor is looking for a personal opportunity in addition to an investment. Often Angels have business experience as well as money, and will want to play some sort of active role in coaching and mentoring the company.
Unlike most other forms of investment, active participation in an organized Angel group provides members with an opportunity of financial return, the satisfaction of being involved in the entrepreneurial process, and the enjoyment of a peer network.