The Spokane Angel Alliance is an organization of individual accredited investors and corporate members in the
Inland Northwest. SAA meetings are held bimonthly at the Davenport Hotel in Spokane; members gather to share lunch,
hear about promising young companies and evaluate investment opportunities. While SAA members make their own individual
investments, being part of the organization means they have access to screened and well-presented deals, and the support
of fellow members who can share the due diligence process and co-invest with them.
The SAA also has relationships with
other angel organizations across the region, and is a member of the
Angel Capital Association, a national organization
of angel groups, so that an SAA member is really part of a very comprehensive network and has access to extensive
resources. In addition to the regular investment meetings, the SAA offers educational and social opportunities for
members, potential members, and guests. To look at the event calendar, click here.
Entrepreneurs can receive investment capital from angel funds as well as from individuals. In addition to
opportunities for individual investments, the SAA members may also participate in a seed fund to pool their money and
mitigate risk. Angel funds include Kickstart and WIN Partners. For more information on these funds, contact
Catherine Greer at Connect Northwest. To view a selection of our portfolio
companies, click here.
What is an "angel?"
Angel investors are accredited individuals who invest
their own money in (usually) early-stage
companies in return for equity in the company. In addition to providing needed seed funding, an angel may also take
an active role in guiding the entrepreneur, advising the company, taking a seat on the company's board, or even joining
the company as an executive. An active and effective angel group is a vital component of a thriving, innovative economy.
If you are interested in learning more about angel investing or becoming a member of the SAA,
How can I get angel investment capital for my business?
First, determine whether your company is an appropriate candidate for angel investment (the majority of small businesses
in need of capital are not). In general, an angel deal will be a business with an innovative product, a scalable business
model, and potential for a high return on investment. Next, ask yourself: "do I really want angel investors?" Remember
that you are selling part of your company, giving up a percentage of control and potential profit. If you are still
nodding your head, click here to submit an inquiry.
For more information on the SAA, contact Catherine Greer at Connect