TRAVERSE CITY ? Another Angel investing group has been formed in Michigan, this time in Traverse City and it’s appropriately enough named Traverse Angels.
The group was officially launched Tuesday at the Traverse City Business Expo. A section of the expo was called Tech City and was co hosted by GLIMANorthwest and Microsoft.
Traverse Angels is founded by Robert Ochtel, a native of Flint, who has lived for the past 15 years in San Diego, CA., where he worked at a company that worked with high net worth individuals in that Pacific Ocean coastal city. He brings that expertise to Traverse City where he expects to spend at least a week each month commuting from his Southern California home.
Word of the early stage investment network was leaked to the local newspapers and news outlets in this resort town of 15,000, so a steady line of people interested in getting funding from Traverse Angels or investing in the group stood waited all day to speak with Ochtel.
Ochtel came home to Michigan to seek fundable deals. Unlike some other angel groups in Michigan, Traverse Angels isn?t looking primarily for technology, life sciences or homeland security investments. Traverse Angels also would like to syndicate deals with other angel groups in the state, which include Great Lakes Angels in Bloomfield Hills, Grand Angels in Grand Rapids, Ann Arbor Angels in Ann Arbor, the Southwest Michigan Angel Fund in Kalamazoo and Capital Angels in Lansing.
For more information, click on TraverseAngels.Com
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