Oklahoma angels find high quality investment deals

Innovation & entrepreneurs: Oklahoma angels find high quality investment deals
Published: January 22, 2013
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Tom Evans, manager of Private Partners Opportunity Fund (PPO Fund), an Oklahoma angel venture fund that invests independently and as a member of SeedStep Angels, represents a group of accredited investors from the northwest region of Oklahoma.

“We are a for-profit group of accredited investors,” Evans said “We believe that as we create wealth, we create jobs. It's exciting. Through SeedStep Angels, i2E opened the door to things we never would have been involved in. In our part of the state, we are agriculture and oil. To have the opportunity to invest in a life sciences company founded by an entrepreneur who has been doing the research for five or 10 years — that's incredible.”

The capital and expertise to create more startup companies is here in Oklahoma. We need to put it to use.

Scott Meacham is president and CEO of i2E Inc., a nonprofit corporation that mentors many of the state's technology-based startup companies. i2E receives state appropriations from the Oklahoma Center for the Advancement of Science and Technology. Contact Meacham at i2E_Comments@i2E.org.



DID YOU KNOW

In third quarter of 2012, the median angel investment round size reached a five-quarter high of $640,000.

Source: Halo Report

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