The SBA developed the Access to Capital Electronic Network (ACE-Net) (https:// ace-net.sr.unh.edu/pub) as a nationwide forum for small companies searching for $250,000 to $5 million in angel capital.
ACE-Net is a good early move because, with its national scope, it exposes proposals to the largest possible pool of angels, increasing the odds of your finding one who will show interest in your venture.
Potential sources of start-up capital include an SBA-backed bank loan; an SBA "Cap Lines" loan or "SBA Express" credit line; an SBA export loan (212-466-2958); an SBA Micro Loan; angel investors--individuals with money to sink into start-up companies in return for equity(ACE-Net
, http://ace-net.sr.unh.edu); or a Direct Public Offering (DPO) of modestly priced stock shares targeted to an affinity group.
Check out www.sba.gov/financing for SBA financial programs, the Angel Capital Electronic Network (ACE-Net
) at www.
The Small Business Administration Office of Advocacy sponsors a computerized network called the Angel Capital Electronic Network (ACE-Net