Where to find an angel investor

One of the best ways to gain financing for your business, can be through an angel investor. This can be an especially effective way to gain working capital, for a startup business. Many business owners seek out angel investors, after exhausting their own resources and that of family and friends. However, the main question is where to find an angel investor. The good news is that there are several possible sources of angel investor. While it will take time and patience to comb through the possibility, if you are able to secure angel investment money, it can be highly beneficial, for your business. Here is what you need to know about where to find an angel investor-

• Local Chamber of Commerce-This can be a very valuable source of information, for where to find angel investors. Many times, this is the place that will have information and contact information, about angel investors in your area, or even venture capital firms (many times angel investors work through them). Because of their very nature Chamber of Commerce can provide a great deal of information that is especially suited, to smaller businesses.
• Business incubators in your area-Your Chamber of Commerce or even local university, can tell you if there are any business incubators in the location of your business. Most business incubators have contact information and even direct access, to angel investors. The reason for this is that they are set up to help the companies within their incubators, attract potential investors. If you find out that you have a business incubator in your area, you should contact them immediately and make an appointment to discuss angel financing. They can be instrumental in helping you attract the attention of an angel investor, for your business.
• Talk with other business owners-Many times business owners believe that everyone is out for themselves. This is not necessarily true. Contacting other business owners in your area, can be a great way to gain information about angel investors in your area. Do not assume that your fellow business owners won't be willing to help you out.
• Colleges or universities in your location-This can be a great source for finding an angel investor. Many angel investors work with local colleges in their business management programs. This in turn leaves a whole network of affiliated angel investors that are willing to help develop new businesses. Contact the school and see if someone there can put you in touch with a local angel investor. In addition, if the university or college has a Small Business Development Center, this can be another source of information about angel investors.
• Check with the management at the bank you do business with-the officials at your bank are very likely to know who would be a potential angel investor. They should be well acquainted with the financial professionals, in your area. Most likely the bank officials will know of the contact person, for angel investor in your community. Do not hesitate to ask them, even if you are not considering seeking business financing, from them.
• Check with your attorney and accountant-The financial world is often a small one. Many people move in the same business and financial circles. Keep in mind that you are paying both your accountant and attorney, for the help and information that they can provide you. They are very likely to know of angel investors in your area. If they don't know of angel investor personally, they will most likely know of someone who will. You should check with both of them, while you are pursuing this type of financing.