Canton, Georgia (PressExposure) June 07, 2013 -- Funding of young companies by accredited angel investors is alive and well while potential new sources of investment such as crowdfunding are more than welcome, according to Tarby Bryant, founder and chief executive officer of Atlanta's Gathering of Angels. Crowdfunding is generally defined as the funding of a project or venture by raising small amounts of money from a large number of people, typically via the Internet, from unaccredited investors.
"Now in our 18th year with more than 380 capital fundings ranging from $20,000 to $12.5 million creating potential thousands of new jobs, the Gathering of Angels has an established record of success," said Bryant. "As crowdfunding eventually becomes recognized by state and federal authorities in the future, we will welcome these new platforms just as we would welcome anything that provides opportunities for companies to grow, employees to be hired, and investors to get a risk-related return on their invested capital."
Bryant has relocated the monthly meeting of the Gathering from the former Ravinia Club near Atlanta's Perimeter Mall to the Vinings Club on Paces Ferry Road at I285 in Vinings.
"We always can make room for more participants. Our next meeting is Wed., June 26. Interested presenters and potential Angel investors are invited to contact me at 404/606-2193," he said.
"At each meeting, we provide our invited accredited angel investors, venture capitalists and investment bankers plus three or four presenters with wine, a light supper, and the opportunity to mix and get to know each other. Then, each company makes its 20-minute presentation followed by questions and answers. Included in the $2,500 presentation fee paid by each of the presenters, we also coach them before the meeting and, after the meeting, we provide them with help in following up with our accredited investors and other potential funding sources we have developed over the past two decades. We take nothing from any capital raised."
Bryant is a former CEO of the Atlanta Economic Development Corporation. With a degree in economics from Davidson College and an MBA with high honors in finance from Georgia State University, he served as a U.S. Army Intelligence Officer in Vietnam. Prior to founding the Atlanta Gathering in 1996, Bryant enjoyed successful careers in real estate, auto club management, as a partner in a venture capital fund and with the AEDC.