That was the beginning of the network's formation. At TVAN, though, investors will not be known publicly. Identify qualified angel investors with an interest in funding promising ventures. Provide entrepreneurs access to competent support services to strengthen their ventures. Potential angels are accredited in accordance with Security and Exchange Commission standards and approved by the managing partners.
Entrepreneurs can submit their ventures on the Web, too.
Selected entrepreneurs will make presentations at the monthly dinners. Once mutual interest is established, angels meet with the entrepreneurs to develop their relationship. TVAN has no salaried employees. Honen said there's a difference between institutional money backing a project and angel investing. Both serve important roles, he said.