Angel Investing

Kevin Learned: Here's a chance to learn best practices in angel investing

KEVIN LEARNED, director of the Venture College at Boise State and an experienced angel investor.October 1, 2013 

Kevin Learned

The purpose of the nonprofit Boise Angel Alliance is to increase the capacity of local people with appropriate net worth to invest in local entrepreneurs. I am a director of the alliance.

Most entrepreneurs need startup capital. One source of such capital is angels - high-net-worth individuals willing to invest a portion of their resources, and often their time and expertise, in promising early stage businesses.

Making such an investment is risky and often confusing. Yet there are practices in angel investing, as there are in all types of investment, that can reduce the risk and increase the likelihood of success. Broadly speaking, these practices include a robust deal flow, a diversified portfolio, good due diligence, and not overpaying for the investments.

The Boise Angel Alliance intends to promulgate these practices with the intention of enabling more individuals who could make such investments to do so. One of the ways it will do this is through its new education program.

On Oct. 21, 2013, the alliance will present its first seminar, Angel Investing - An Overview. The course has been licensed from the Angel Resource Institute. The institute is a national organization that conducts research into angel investing best practices and translates that research into courses that organizations such as ours can produce in their own communities.

While the course is primarily for angels and those considering becoming angels, entrepreneurs considering seeking angel funding and service providers will also find the seminar of interest.

Here's information on the course from the Angel Resource Institute website:

"Angel Investing - An Overview is the leading seminar for educating angel investors, entrepreneurs and startup support professionals about how to execute the angel investment process.

"For nearly 10 years Angel Investing has been the education seminar of choice for growing, strengthening and developing the skill sets of early stage deal participants throughout the U.S. and world.

"Angel groups and investors who understand how to execute and manage the process of early stage equity investing are in a better position to lower risk and increase returns. Angel groups that apply the skills taught in the seminar can improve their investment process, create improved deal flow and raise the odds of realizing successful exits."

Renowned angel investor and instructor Bill Payne will teach the seminar. He designed the course and has taught it dozens of times throughout the U.S. Since 1980, he has invested in more than 50 startup ventures. Payne was named 2009 U.S. angel investor of the year by the Angel Capital Association.

The class will be from 8 a.m. to 5 p.m. and includes lunch. It will be presented at the new Boise State Venture College at 301 S. Capitol Blvd. in Downtown Boise.

Thanks to the generous support of the Boise Angel Alliance sponsors - Bank of the Cascades, Eide Bailly, Moffatt Thomas, Stoel Rives and the Venture College at Boise State - the fee for the seminar for those registering before Oct. 8 is $50. Thereafter it is $100. This is a real bargain.

Additional information and registration is available through the website boiseangelalliance.org.

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kevinlearned@boisestate.edu, kevinlearned.blogspot.com, 426-3875

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