(Casper, WY) Breakthrough 307, a foundation for connecting entrepreneurs with investors as well as the skills they need to succeed, announces that their first investment fund has been launched with 21 angel investors from many different industries and disciplines.
“Breakthrough 307 provides entrepreneurs the ability to share their ideas to a group of individuals with established networks and varied talents. The access to this group from the entrepreneur viewpoint is invaluable. The outcome from the successful submissions will promote economic growth and personal success,” said Investor, Chris Tice of Jackson.
The investors are primarily from Casper, but there is also state wide representation with investors from Laramie, Cheyenne and Jackson. The fund is comprised of 21 accredited investors all contributing $100k for a total of $2.1 Million. This fund is to be used to invest in promising and scalable, start-up and early stage companies to help bolster the Wyoming economy and promote innovation in the cowboy state.
“This year Wyoming’s economy was last in the nation. We want to help diversify and improve Wyoming’s economy by investing capital into start-up companies and entrepreneurs with promise and potential. We are going to invest our time, talent, and treasure to help entrepreneurs succeed… to help our state succeed. Think Shark Tank only cowboy style," Investor, Amy Surdam of Cheyenne commented.
“I view [investing in Breakthrough 307] as an excellent way to help the community and promote small businesses in Wyoming. I’m excited to have exposure to opportunities outside of my normal purview,” added Dr. Eric Cubin of Casper.
Although angel investment isn’t right for every company, it can often mean the difference of the next big idea sitting in a garage or actually being in the market and producing economic value. Breakthrough 307 investors not only invest their money, but they also invest their time, knowledge, and connections to help these companies succeed. “Having a wide range of specialties within the group is essential for providing the best resources to entrepreneurs and their qualified businesses,” noted founding member, Charles Walsh of Casper.
For more information contact:
Founding Member, Breakthrough 307