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The original item was published from 2/26/2021 10:53:11 AM to 8/27/2021 12:00:05 AM.

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Economic Development

Posted on: February 26, 2021

[ARCHIVED] 757 Angels investor group remains one of the top 10 investors in startups

757 Angels

Feb. 26, 2021 - A Hampton Roads' group founded to invest in emerging companies -- 757 Angels -- was named one of the Top 10 such groups in the country by the Angel Capital Association’s Angel Funders Report.

This is the second year that the group has reached that status. In its first five years, the group has grown to 123 active and engaged investors, invested $64 million, increased application activity and assisted in the creation of over 500 high paying jobs.

757 Angels provides members access to quality early-stage investment opportunities and supports the entrepreneurial community with mentorship and educational resources resulting in diversification and growth of the Virginia economy.

The region's Economic Development departments support an affiliated mentorship program for entrepreneurs. The 757 Accelerate is a non-profit startup accelerator program whose mission is to provide startups with the customized resources and capital they need to grow. We boost promising startups towards customer traction and revenue using our a network of mentors, investors, support services, working space, and a lean startup education.

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