The Wisconsin Angel Network has been working with a group of Oshkosh business leaders to launch Northeast Wisconsin’s first angel group. “Angels on the Water” plans to raise $2.5 million to finance entrepreneurs and start-up businesses in the region.
The group hopes to recruit investors willing to commit a minimum of $25,000 to a fund that would invest in start-up and fledgling companies in need of a financial boost as they grow. Angels on the Water Chairman of the Board Al Hartman said the group would not invest more than 10 to 15 percent of its total pool of money in any one company and plans to work closely with the companies it helps. Read more here.