That's enough to stop a manufacturing firm cold, but it shouldn't. The bottom line is that NCIC invests in promising companies. So do the following nondebt financing vehicles, which range from venture capital to federal research funds. A combination of some or all, paired with a fair amount of creativity and sleuthing, can result in a respectable chunk of cash. Angels are an excellent option because there are lots of them out there, with staggering amounts of money to invest.
Angels have a broader interest.
Angels come with their difficulties, too. They often stick to industries they know something about, so it may take a long time to find the right match. Also, few invest as part of a formal, organized network. They are typically unknown, by choice, and operate through some type of intermediary, such as an attorney, accountant or financial planner. Networking with those intermediaries is one of the best ways to find out about the angels in your own community.