NegevAngels.com links angel investors with... -
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Published on: 10/1/2000
Last Visited: 8/3/2001
( U-WIRE ) UNIVERSITY PARK , Pa. -- As a Pennsylvania State University student , Jeff Grygier lived in the dorms , eating macaroni and cheese because it was all he could afford.
Now , the 1984 finance graduate is looking to invest thousands of dollars in a small business.With the help of a recently created Web site , he can browse through business plans submitted by Penn State alumni.
Grygier said this is an effective way for people to invest in a business idea at an early stage.
The Web site Grygier used is StatecollegeAngels.com , and was launched over the summer.The site allows investors and entrepreneurs to meet over the Internet.Investors can browse dozens of business plans , and entrepreneurs have the opportunity to receive input on their ideas.
The site is part of UniversityAngels.com , a network of more than 75 Web sites all directed at college alumni.In addition to Penn State , investors can find schools such as University of Pennsylvania ( PennAngels.com ) and Carnegie Mellon University ( TartanAngels.com ).
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Grygier , who said he has looked at business plans but hasn't yet invested through StateCollegeAngels.com , agreed.
It's almost like being one-on-one with the president of the company that's looking for money , he said.