I’ve recently become more active in Melbourne Angels, the local group of angel investors that is part of the AAAI (Australian Association of Angel Investors). The angel investing community in Australia, while active, has been fairly informal in the past. The AAAI has been busy over the past couple of years trying to put together a structure to help us get more organised and raise awareness among entrepreneurs and government about what we are doing.
What’s great about the angel group for me is that provides the investors with the ability to pool their resources, both experience and $$, to make more effective investments. For entrepreneurs, a group of angel investors provides a way to get exposure to and feedback from a variety of difference experiences and people who have a lot of knowledge from multiple industries of what it takes to successfully start, build and exit a business.
Anthill Magazine recently posted some of our group’s panel feedback from a Pitch Club event. It’s not my best performance but it was a great night and an opportunity to see a lot of business ideas in a short time!
If you are looking to raise early stage capital, you are welcome to make a submission to Melbourne Angels.