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Erie Angel Network Meeting – Saturday, Sept. 29th – Mark Your CalendarERIE IS EXPERIENCING TURBULENT ECONOMIC TIMES. WE ARE INVITING THE ERIE BUSINESS COMMUNITY TO LEARN ABOUT CREATING AND NURTURING A NEW BREED OF EARLY STAGE ENTREPRENUERIAL COMPANIES.
Learn how to become a “Host Company” or a “Seed Investor”
With manufacturing going overseas and old line companies shutting down, Erie is facing some very disturbing trends. We have an immediate need to develop new innovative entrepreneurial companies in Erie. The Erie Angel Network was formed to facilitate new business opportunities and create new jobs in Erie.
Become a potential “Host Company”:
Erie has an enormous amount of underutilized assets sitting around idle and collecting dust. The Erie Angel Network is made up of “Host Companies” – companies that can offer their underutilized assets (i.e., warehouse space, manufacturing space, office space, in-house management, marketing and I.T. services) to early stage Erie companies to help them reduce some of their up-front expenses to a bare minimum and help decrease failure rates. The concept is that the host company that offers these services will receive a below-market monthly fee in exchange for a minority interest in the early stage company. This concept will also help existing Erie companies diversify.
Become a potential “Seed Investor”:
Investment funds are virtually non-existent in Erie because the local economy is experiencing financial problems and potential investors have become risk adverse. The Erie Angel Network wants to help reduce some of that risk by introducing Erie entrepreneurs who have been working with the Erie Angel Network to potential “Seed Investors” who have expressed interest in helping to privately finance early stage companies.
Attend Erie Angel Network quarterly early stage company presentations. Different business plans will be reviewed by the executive committee for potential commercialization. Only 10 business plans will be chosen to present each quarter to the Erie Angel Network.
PLEASE JOIN US
You are cordially invited to be part of our new private business organization. Your participation in the Erie Angel Network is essential.