Helping Angels Get their Wings: Catalyst Angel Program Supports Investors from Underrepresented Communities

Feb 23, 2022 | News

The angel investor community has an underrepresentation of women and minorities­–and TechTown Detroit is stepping up to be a part of the solution.

In fall 2021, the U.S. Economic Development Administration awarded TechTown Detroit $400,000 to administer a three-year program (2021–2024) that will help diversify angel investing across the Great Lakes region. The Catalyst Angel program will help angel investors who identify as Black, Latinx, and/or a woman gain knowledge and maximize their investment strategies, all while adding new capital into the innovation ecosystem.

The program includes curated classes through the Angel Capital Association, virtual meet ups with seasoned investors, free events, and opportunities to mentor startup entrepreneurs with the support of investors-in-residence though the Venturewell ASPIRE program. To be considered for the program, applicants must be accredited investors; have two years or less of investing experience; live in Michigan, Illinois, Indiana, Minnesota, Ohio, or Wisconsin; and identify as Black, Latinx, and/or a woman.

This program is provided in partnership with Angel Capital Association, Ann Arbor Spark, and Venturewell. Please contact programs@techtowndetroit.org or complete an interest form.

Related Posts

MedHealth Welcomes Amanda Benno

MedHealth Welcomes Amanda Benno

We are thrilled to welcome Amanda Benno to the MedHealth team! Amanda joined TechTown in early 2022 as a program coordinator for Detroit Urban Solutions and MedHealth.

read more