NZ Angel Association commends initiatives like AngelEquityWednesday, September 28, 2016
Article from Scoop
The Angel Association today welcomed the launch of AngelEquity, a new equity crowd-funding platform leveraging deals from New Zealand’s formal angel networks such as AngelHQ, Ice Angels and Enterprise Angels.
“Early stage, high growth companies are always looking for capital. Without capital the growth path is exponentially slower,” said Suse Reynolds, AANZ Executive Director.
The Angel Association exists to support those investing in these companies and welcomes any initiatives to help broaden and deepen the pool of capital available and raise the profile of the ventures they are funding.
Angel Association members include the networks or clubs, early stage funds, investor-led tech incubators and equity crowd funding platforms.
Suse Reynolds said she believed there is still plenty of room for growth and specialisation in this end of the capital markets.
Early stage, high growth companies are highly risky investment prospects but they are absolutely vital for NZ’s future economic and social wellbeing. The companies our members are backing are the Xero’s, F&P Healthcare companies of the future.
In order to give these companies the best chance of success what they need, along with the capital, is the exposure and support to the expertise and connections the capital can help deliver. AngelEquity provides a link between the angel networks and individual high networth investors improving the prospect of those synergies being created.