NewswireToday - /newswire/ - Provo, UT, United States, 10/24/2005 - FundingNevada.com gathers angel investors with nearly $16 million to invest in Nevada startups .

Nevada entrepreneurs looking angel investors have found a free solution to their fundraising problems.

FundingNevada.com has gathered a handful of angel investors with more than $15 million dollars to invest in local startups. Entrepreneurs may post their business ideas and contact information to angel investors on the site at no cost. The site is also free to angel investors.

"More than 90 percent of angel investment deals happen within a six-hour drive of the angel investor’s home," said Paul B. Allen, founder of FundingUniverse.com, FundingNevada.com’s parent company. “Nevada is full of great ideas and enough investment money to bring the ideas to life. The missing element has always been communication between the people with ideas and angel investors. FundingNevada.com will bridge that gap”.

An entrepreneur visiting the site is led through a free, simple registration process where he or she can place their name, contact information and business plan for accredited investors to view. Accredited angel investors can view the posted plans and contact the aspiring entrepreneurs.

FundingNevada.com is a member of the FundingUniverse.com family of sites that provide a similar matching service for entrepreneurs and angel investors in other states throughout the U.S. FundingUniverse.com has gathered an estimated $345 million in startup capital from angel investors across the country.

FundingNevada.com also provides the DealFlow Suite of services for organized angel groups. The service enables angel groups to draw from plans posted on the FunidngUniverse.com family of sites, discuss them online, and rate them as a group.

Agency / Source: FundingUniverse

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