A new program will offer training to potential startup business investors in Central Iowa.
Plains Angels, started in 2012 as a mechanism for bringing area angel investors and potential investors together to meet each other and learn about companies, has started an investor training program. The program will educate angel investors on topics such as financial models, management teams, intellectual property, corporate structure and market opportunity.
"Every community I know of is talking about innovation and entrepreneurs and all that," said Mike Colwell, executive director of the Business Innovation Zone. "What most communities aren't doing is taking the lead in actually enabling people to be really good entrepreneurs, really good investors. I think probably what makes us unique in Des Moines right now is, I don't know of another community actively reaching out and trying to build a large angel network."
Angel investors are those who are a step above the initial level of friends and family investors, but not to the level of venture capital investors.
Training sessions will be held the fourth Thursday of each month, with the next session being held on Feb. 28 from 8:30 to 10:30 a.m. at the Greater Des Moines Partnership, 700 Locust St. Sessions are open to the public. Registration to attend is $15, and can be done here.
Plains Angels was launched by Colwell with support from the Greater Des Moines Partnership and BrownWinick Law Firm. The group held its first meeting in June, and has since grown to more than 110 investors.