Angel Capital Group unveils micro venture fund

Angel Capital Group has launched a Phoenix, Arizona-based micro venture fund. The pool will focus on investing between $1 million and $5 million in local, regional and national science and tech startups. Black Dog Promotions CEO Scott Kelly will serve as the fund’s general manager. PRESS RELEASE PHOENIX, AZ (PRWEB) SEPTEMBER 22, 2015 ACG’s Phoenix fund will target between $1 million and $5 million in capital to be invested in local, regional, and national science and technology enable startups. Scott Kelly CEO of Black Dog Promotions will become the General Manager of the fund. Angel Capital Group was founded in 2007 and merged with RAIN Source Capital of Minneapolis, MN in 2014 to create a national syndicate of angel groups and funds. Between the two networks, 131 companies have received funding. Eric Dobson, CEO of Angel Capital Group, elaborated on the importance of ACG’s Kansas City operations saying, “Phoenix represents a great opportunity to both serve an exciting and growing entrepreneurial community and create a resilient focal point for angel investors. We look forward to many years of supporting economic impact and wealth creation for the city and region.” The fund’s general manager, Scott Kelly, said, “Phoenix has a thriving entrepreneur community with many exciting startups that need and deserve growth capital. Eric and his team at Angel Capital Group provide access to that capital.” Dobson added, “We have found a great partner in Scott. He is a savvy businessman and investor and his heart is in the right place. He loves startups and the Phoenix entrepreneurial community. We expect great things to erupt from the fund.” About Angel Capital Group ACG’s Phoenix fund will target between $1 million and $5 million in capital to be invested in local, regional, and national science and technology enable startups. Scott Kelly CEO of Black Dog Promotions will become the General Manager of the fund. Angel Capital Group is a fully syndicated “angel” capital private equity network with operations in nine states. ACG recently consolidated its operations with RAIN Source Capital. The combined entity enjoys a 10 year history and has invested approximately $44M in 131 companies across a variety of market sectors. The combined portfolios have created over 4500 jobs and $750M in follow-on capital investments by other funds. For additional information about Angel Capital Group and its investment criteria, visit online at http://www.theangelcapitalgroup.com, @angelcapitalgr, http://www.linkedin.com/company/831505, or http://www.facebook.com/angelcapitalgroup. About Black Dog Promotions Black Dog Promotions is a media, corporate finance and business development agency providing, venture capital, digital marketing and publicity consulting for regional and national brands. Black Dog’s team has a long history of success in the entertainment, sports, and technology and finance industries. They have taken companies from concept to millions of dollars in sales and billions of dollars in market capitalization. Find out more at http://www.BlackDogPromotions.com – The Intersection of PR, Digital Marketing and Sales.

The rest is here:
Angel Capital Group unveils micro venture fund