PRZOOM - /newswire/ - Provo, UT, United States, 2005/10/25 - Funding-Colorado.com makes $2.4 million available to entrepreneurs, business plans available to investors. .

Colorado angel investors have found a new gathering place, and entrepreneurs are flocking to get their attention.

A new website called Funding-Colorado.com provides a free matching service for angel investors and entrepreneurs, opening communication between the two, often estranged parties. The site has already gathered a handful of angel investors with $2.4 million to invest in local start-ups.

"We are excited by the way investors and entrepreneurs in Colorado are responding to our free service," said Brock Blake, CEO of FundingUniverse.com, Funding-Colorado.com’s parent company. "There’s been a steady increase of funds available from angel investors to entrepreneurs, and the quality of business plans posted on the site is fantastic. Colorado angel investors will be pleased at the level of entrepreneurs using our free services”

Funding-Colorado.com is a member of the FundingUniverse.com family of sites that provide a similar matching service for entrepreneurs and angel investors in other states throughout the U.S. FundingUniverse.com has gathered an estimated $345 million in startup capital from angel investors across the country.

Funding-Colorado.com also provides the DealFlow Suite of services for organized angel groups. The service enables angel groups to draw from plans posted on the FunidngUniverse.com family of sites, discuss them online, and rate them as a group. In addition, angel groups may use the software to evaluate plans that have been submitted to them privately through Funding-Colorado.com.

Agency / Source: FundingUniverse

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