There is a “funding gap” in Mississippi – technology entrepreneurs have trouble finding seed and early stage capital with which to build their companies. Historically there has been no organized, statewide network of accredited investors interested in early stage Mississippi companies. The Mississippi Angel Network was formed to organize these investors and provide entrepreneurs a more effective means to gain access to early stage capital.
The Mississippi Angel Network is a program of the Mississippi Technology Alliance. MTA serves both the investors and the entrepreneurs. For entrepreneurs MTA identifies promising Mississippi companies seeking seed or growth capital, provides feedback on their fundraising strategy and materials, and prepares these companies before they present to the Network. This screening and preparation serves investors by insuring that only the highest quality company presents to the Network. MTA also manages recruitment for the Network and coordinates all meetings including distributing materials on presenting companies prior to meetings.
Since the MS Angel Network's beginnings in 2005, MTA has screened more than 500 companies, 40 of which have presented for the MS Angel Network. Roughly 40% of these companies received private investment totaling $32 million. During these short five years, two MS Angel Network companies have been acquired.
The Mississippi Angel Network is open to all accredited investors regardless of geographic region. We are always looking for growth opportunities for the network to provide funding occasions for innovative Mississippi companies. For more information on how to become a member of the Mississippi Angel Network, please click here.
The Mississippi Angel Network is not just for Investors. We also work with companies of any stage. Thanks to our parent organization, we have the skills to coach innovate, high-growth companies towards becoming investor-ready deals. This process is provided free to Mississippi companies, for more information please visit MTA.ms
The mission of the Mississippi Angel Network is to fund seed stage innovation and technology- based economic development for the state of Mississippi. One of the ways we achieve that mission is through delivering support and services, via MTA, to promote investment and business development for technology- focused companies and organizations.