Underdog Getting in Good Punches: Great Lakes Area Angel Investment Infographic | SaltandMarrow.com
When it comes to attracting innovation and angel investment, every region brings something different to the ring. Big Red, representing California is the champion, but sometimes the challenger is the one to watch. Fighting out of the Great Lakes region, Blue is hungry and has a diverse arsenal of technique. This infographic is how Ventricle sees regions duking it out to create the most favorable environment for entrepreneurs.
From the tale of the deal tape, it looks like California is going to win without breaking a sweat, and sure enough he gets out to an impressive start in the early rounds with an overwhelming advantage in technology investments. But Blue comes roaring back with a 1-2 combination of industrial and automotive. The champ is momentarily stunned, but before Blue can finish it, Red strikes back with a vicious uppercut fueled by dominance in the angel investment market. The kid ain’t finished, not by a long shot: driven by momentum from the healthcare sector, he’s threatening to drop Red like a bad habit.
The bell ends the 2011 angel investment bout with Red still champion. Something tells me that Blue and the Great Lakes are going to come out swinging in the 2012 rematch. To be continued . . .
Starting in 2011 Silicon Valley Bank began creating the Halo Report which releases highlights and analysis on trends in angel investment by both region and industry, and the latest report reveals some notable trends. The data is not yet fully representative of the entire Angel market, but it’s a great start and the underlying trends give us cause for significant optimism in the Midwest
Although California is often perceived as the epicenter of investment activity for start-ups, the 2011 report found that more than 70 percent of angel investment dollars were directed to other regions throughout the United States. The Great Lakes region, which is led by Illinois, was second in total funding and had the second-most deals. What’s more, the Great Lakes boasted a greater diversity of investment by industry, indicating the breadth of innovation in the region: healthcare led the way, with automotive and transport significantly outpacing the nation as a whole.
The report’s findings aren’t a surprise to anyone who lives within the region. Over the past several years, a renewed focus on innovation has driven the connection of entrepreneurs to the capital and professional services they need to grow and thrive.
To apply for an angel seed investment for your startup go to SaltandMarrow.com/Ventricle
