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October 26, 2023 | Tom Ballard

Investor News | Two investor networks launched

The Ohio Angel Collective spans 13 cities, while the Venture Access Alliance involves more than 70 venture capital firms.

From the Buckeye State:

They describe themselves as “a diverse network of seasoned angel investors, start-up founders, industry leaders, and new investors eager to dip their toes into the dynamic world of angel investing.”

Eighty-nine members from 13 Ohio cities have banded together to launch the Ohio Angel Collective with the goal of providing Buckeye State-based founders with the early angel capital necessary to “bring their ideas to life.”

The Collective is an angel investing syndicate that invests in Ohio-based companies or alongside Ohio-based funds.

From New York City:

The New York City Economic Development Corporation (NYCEDC) has launched the Venture Access Alliance, a coalition of more than 70 New York City start-up investors whose goal and mission will be to continue to increase diversity in the city’s tech and venture ecosystem. The Alliance will achieve this by working to develop diverse workforces, sourcing deals from Black, Indigenous, People of Color (BIPOC), and female founders, rethinking due diligence practices, tracking improvement in diversity data each year, and directly mentoring founders.

The Alliance is co-chaired by Fred Wilson of Union Square Ventures and Jarrid Tingle of Harlem Capital Partners in partnership with the Ford Foundation, Annenberg Foundation, and Tech:NYC. More than 70 venture capital firms have joined the Alliance as founding members, representing a range of small, medium-sized, and large investment firms with operations in New York City.

The Alliance is part of Venture Access NYC. To learn more, read the news release here.

 


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