The 49th State Angel Fund is an investment fund that indirectly invests in Alaskan businesses. Started in 2012 by a $13.2 million allocation from US Department of Treasury`s State Small Business Credit Initiative, 49SAF is a venture capital function run by the Municipality of Anchorage. They work with Partner Funds to provide a dollar for
dollar, private to public funding match for investments. Fund managers in turn provide managerial and entrepreneurial expertise to their investees, creating economic benefit for the citizens of Anchorage.
Website:www.49saf.com/
Industries:
Energy
Information Technology
Renewable Energy
Investor Types:
Fund Of Funds
Angel Group
Investment Stages:
Location:
Anchorage, Alaska, United States
Contact information: