Last week Washington, DC-based Startup Angels announced a new partnership with Google for Entrepreneurs (GFE). The two organizations will join together in an effort to bring more capital to early stage startups and create more growth in startup investing on a global scale.
Startup Angels and GFE will kick off their global expansion with AngelSummit Europe, set for June 8 in Dublin, Ireland. Going forward the partnership will result in new summits, workshops, and programs around the world, each focused on educating new and existing investors.
“Startups are everywhere, but venture capital isn't. We're on a mission to eliminate the problem of ‘access to capital' by unleashing the potential of millions of new startup investors around the world,” said Startup Angels Founder and CEO Leslie Jump. “Our partnership with Google for Entrepreneurs gives us the resources and network to significantly accelerate the pace and expand the scope of our vision.”
For Startup Angels, one of their core beliefs is that regardless of where venture dollars are, entrepreneurs are everywhere. When there are issues and gap areas created, a solution will be formed that shouldn’t require a business to relocate to obtain early stage capital. According to their research, there are millions of potential angel investors available on a global scale, which is where their education and research comes into play. By partnering with GFE, they can further expand their reach, resources, and education to encourage new investors to get involved.
“Through partners around the world and directly at Google's Campuses, we've helped thousands of entrepreneurs get their companies off the ground. Invariably though they need capital to grow,” said Director of Google for Entrepreneurs Mary Grove. “Our partnership with Startup Angels is a major addition to the Google for Entrepreneurs Partner Network, and we're excited about their potential to help talented entrepreneurs around the world access capital. We hope this partnership will inspire and educate thousands of new angels in startup communities beyond Silicon Valley.”
— Mary Grove (@maryGrove) February 11, 2016