Angel investor group widens its reach with Knight grant

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Author: Nancy Dahlberg
Publisher: Miami Herald
Date: June 5, 2014

Accelerated Growth Partners, a Miami-based angel investment group, will expand its offerings and create a more-organized network of early-stage investors in South Florida with a $211,000 grant from the John S. and James L. Knight Foundation.

Accelerated Growth Partners began growing a couple of years ago when two groups of investors combined. The group invites entrepreneurs seeking funding to pitch their businesses, and members can decide individually whether to fund them. Several Miami startups have received substantial early-stage funding from AGP investors, including LiveNinja, Kairos and Mela Artisans (formerly MyMela).

With Knight funding, AGP relaunched this week and will focus on expanding its network of active angel investors and adding investor-education workshops aimed at broadening the pool of investors interested in early-stage ventures. It also plans to help establish a venture capital fund for early-stage South Florida entrepreneurs. Read more here.