People interested by making angel investments in promising startups can join on-line coaching via the brand new Angel Accelerator program.
The coaching is obtainable via Fledge, a Seattle-based worldwide community of accelerators, traders and mentors centered on supporting entrepreneurs internationally who’re creating firms with social missions. Luni Libes is the founder and managing director of Fledge, and himself an entrepreneur of a number of ventures.
The session kicks off Wednesday with free, weekly webinars that run via February. Paid programming is out there from March till mid-Might. This system is out there for accredited traders.
Final June was Fledge’s inaugural Angel Accelerator session, which drew 18 individuals from the Seattle Sound. Fledge additionally runs startup accelerators, which attracts candidates internationally.
Now the group is working to scale its angel investing coaching program, with just a few anticipated to run this yr. When the U.S.-based program begins Wednesday, Fledge is concurrently launching a coaching for angel traders in Africa.
The Fledge Angel Accelerator program was impressed and assisted by the Seattle Angel Conference, Libes mentioned. SAC runs a semi-annual 5-month program designed to coach and educate accredited traders. Libes views his program as a subsequent step for the convention graduates.
Libes is a proponent of addressing social and environmental challenges by investing in entrepreneurs, versus relying closely on philanthropic, nonprofit assist. He urges others to contemplate backing socially acutely aware ventures that purpose to make a distinction — not only a large return.
“You don’t need to observe this mannequin of elevating missions of and pray for an exit sometime,” he mentioned. “We’re pioneering a brand new area and on daily basis we’re serving to folks do higher. My solely grievance is the entire business wants extra money.”
Fledge has put its startup accelerator program on maintain till folks can meet once more in particular person for day by day — a mannequin that appears to work higher than distant, weekly periods. Since its launch in 2012, Fledge has helped launch comparable accelerators across the globe, together with applications in Boston, Barcelona, Lima, Nairobi and Padua, Italy.
Final yr, the startup program had 842 candidates that have been whittled right down to 25 firms in 11 nations that made their pitches. The newly-minted angel traders from the Angel Accelerator invested in nine of the startups — eight in Africa and one in South Carolina.
“There are such a lot of good entrepreneurs on the market, so many good concepts,” Libes mentioned.