Kent Hohlfeld, Central Valley Business Journal, December 3, 2015
MODESTO — The biggest challenge when starting a business or getting a new product to market is often finding the money needed to make a new venture successful. That can be an especially big hurdle for Central Valley entrepreneurs.
“Our local investors tend to be a lot more conservative,” said Stanislaus Alliance Small Business Development Center Director Kurtis Clark. “Our local angels look to invest in something that has a revenue structure versus a new idea.”
He said that can hinder the developments of start-ups and innovative new products in the Central Valley. Angels are groups of investors dedicated to investing in and getting those new products and services to market.