Matt Dunbar, a former student body president from Clemson University, has been chosen as the first managing director of the Upstate Carolina Angel Network. The recently formed network is made up of a number of accredited investors with the goal of aiding funding for start-up companies.
Graduating from Clemson in 1999 with a degree in chemical engineering, Dunbar has spent the last two and a half years working as a management consultant and project leader at The Boston Consulting Group’s Atlanta office.
Now back in South Carolina’s upstate with his new position Dunbar will be responsible for screening investment opportunities and preparing term sheets for company investments. Dunbar will also keep in touch with with other investor groups such as venture capitalists and private equity firms throughout the Southeast.
According to the Kauffman Foundation, Angel groups, like The Upstate Carolina Angel Network, provide significant advantages due to stronger financial decisions, enhanced movement of prospective deals, and the ability to combine funds into larger investments. Such networks can play a vital role for new businesses that are as of yet to young to bring in significant financial gains on their own.
The Upstate Carolina Angel Network’s first meeting will be April 18th from 7:30 to 9:30 at the Greenville Country Club. The presenting companies at the April meeting will be INNegRity and Selah Technologies.
For more information visit http://www.upstateangels.org
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