MSPAlliance Launches Angel Investors Group
The new community will bring together early-stage MSPs and qualified investors, and offer business advice, mentoring, and leadership consulting.
MSPAlliance, the professional association and accrediting body for managed services, has introduced its Angels Network, a community that will connect early-stage managed service providers (MSPs) with potential investment opportunities.
“There is an unprecedented opportunity for entrepreneurs and new managed services companies; market demand worldwide is undeniable,” says Charles Weaver, president and co-founder of MSPAlliance. “The challenge facing many young companies is that when traditional lending sources are not available, they must seek out an alternative means of funding.” Weaver further notes that the MSPAlliance Angels Network will provide an opportunity for young MSP executives to secure the capital they need to help grow their businesses. †
The MSPAlliance Angels Network will focus on funding opportunities between $25,000 and $10,000,000, an investment range typically not served by venture capital funds. The network will also offer strategic mentoring, business advice, communications and marketing counsel, as well as executive leadership consulting through specialized consultants.
“We created this network to bring a reliable source of capital to our members companies seeking to raise angel capital,” says Rob Scott of Scott & Scott LLP, and a member of the MSPAlliance Board. “We believe angel investors will be attracted to the managed services business model.”
