The Biz Foundry announces two meetings focused on early stage angel fund in the region
The Biz Foundry in Cookeville has announced two meetings to answer questions and gain insights from individuals interested in the development of a professional, member-managed angel fund for the Upper Cumberland Region.
In an email, Jeff Brown, the organization’s President, said that the Knoxville-based Appalachian Investors Alliance (AIA) has been engaged to help develop the fund, and AIA’s Steve Mercil will participate in the two discussions.
Both will be held at The Biz Foundry, 114 North Cedar Avenue in Cookeville. The first session will be at 5 p.m. CDT August 23, and the second will be at 8 a.m. CDT August 24. To register for either date, click here.
“The fund will be owned and managed by the investors,” Brown explained. “We have hired AIA to be a contract organizer and manager of the fund according to the will of the investors.”
AIA is a non-profit educational foundation working to revitalize the Appalachian region’s economy by facilitating community-based, self-reinforcing economic and workforce development through entrepreneur readiness. The organization provides technical services to community-minded angel investors and committed entrepreneurs. These services include organizing capital and augmenting accelerator and academic/business school curriculum with practical, “dress rehearsal” entrepreneurial training to compete for precious regional and national venture resources and funding.