Community Will Bring Together Cutting Edge MSPs, Operators with Qualified Investors
LOS ANGELES – (October 5, 2010) – MSPAlliance (MSPA), the world’s largest Professional Association and Accrediting Body for the Managed Services Industry, today introduced its Angels Network, a unique community that will connect early-stage Managed Service Providers (MSPs) with potential investment opportunities. The MSPAlliance Angels Network will be unveiled in full detail at the MSPWorld Conference & Expo in Los Angeles, California.
“There is an unprecedented opportunity for entrepreneurs and new managed services companies; market demand worldwide is undeniable,” said Charles Weaver, president and co-founder of MSPAlliance. “The challenge facing many young companies is that when traditional lending sources are not available, they must seek out an alternative means of funding.
“MSPAlliance Angels Network will be an effective venue for young MSP executives to meet qualified investors with a specific interest in this market, and secure the capital to help grow their businesses reach their highest potential.”
The MSPAlliance Angels Network will focus on funding opportunities between $25,000 USD to $10,000,000 USD, investment ranges typically not served by the venture capital funds. This Network will also offer strategic mentoring, business advice, communications and marketing counsel, as well as executive leadership consulting through highly specialized consultants.
“We created this network to bring a reliable source of capital to our members companies seeking to raise angel capital,” said Rob Scott of Scott & Scott, LLP, and a member of the MSPAlliance Board. “We believe angel investors will be attracted to the Managed Services business model.”
About the MSPAlliance
For over 10 years, the MSPAlliance has been the only unified voice for the Managed Services Industry, and the only organization that promotes the highest level of professionalism, reliability and integrity. As the world’s largest Professional Association and Accrediting Body for the Managed Services Industry, the MSPAlliance was created to meet the needs of the Managed Services Professional and to educate the end-user community on the benefits of using a Managed Service Provider.
For additional information, please visit http://mspangels.mspalliance.com/.