Sierra Angels Affiliates ACA and ARI Named Partners to Startup America Partnership
The Angel Capital Association (ACA) and Angel Resource Institute (ARI)
The Angel Capital Association (ACA) and Angel Resource Institute (ARI) will work together on two programs: growing the pool of angel capital available for startups and connecting startup entrepreneurs with experienced investors for mentoring. ARI will conduct a series of workshops and events to educate potential and new angel investors on best practices in angel investment and then link interested investors with 160 ACA member angel organizations, so they may work with many other investors to support promising high growth ventures. It is expected that the number of investors in angel groups will double in two years as a result. The angel mentoring program matches angel investors and promising startup entrepreneurs for mentoring so that promising startups receive experienced advice on determining the right capital for startup, best positioning the company for capital, and building the company for long-term growth. As many as 2,500 of these mentored companies may attract angel or other capital during the first two years of the program.