It is difficult to find angel investors, but a careful exploration of possible locations for prospective angel investors can help. Angel investors are inclined to stay close to university programs due to the high number of fresh business ideas they produce.

Someone who is looking to finance a business idea should contact a nearby university that has an entrepreneurship program, and schedule a meeting to talk to the person who manages it. Usually, such people can direct one to the proximity of angel investors.

The fabulous assets business opportunities from the high-tech sector, in addition to the vigorous stock market of the 1990s, have resulted in a high number of angel investors who have formed investors groups or clubs. These clubs aggressively seek deals to invest in, and their members desire to hear from entrepreneurs in search of capital.

Some angels stay away from traditional venture capital clubs, but form unofficial groups to seek investment opportunities. These groups are hard to find, but once a member is traced, one can get access to all of them.

The following measures can help one find an angel investors in his or her locale:

contact your chamber of commerce and see if it hosts a venture capital group. A large number of such groups have chamber-of-commerce connections.

Contact a professional venture capitalist and ask if he or she knows of any angel investor groups. Get in touch with a regional or state economic development agency and see if anyone there is acquainted with an angel investor. The editor of a local business publication can also be contacted for information about angel investors.