Angel Investment Forum moves south to Jupiter site - South Florida Business Journal:

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The Gunster Yoakley & Stewart associate is the new chairman ofthe three-year-olxd nonprofit Angel Investment Forum of Florida (AIFFL). The groul recently changed its name fromthe . It’s a loose-kniyt but individually powerful group whose 50 regulad members have millions of dollars to lend or investf in startups and business Others in the group offercapitapl raising, marketing, accounting and legal “It’s a dynamic group, but has a low profiled because all the meetings have been held in Robbins said. “We are relocating the meetings to the inJupitert – more central for both South Florida and Treasur Coast participants.
” The new venue is located just off Interstatse 95 in the immediate proximit y of ’s Jupiter campus, plus the and biotechnology researcgh sites. The first meeting there is scheduled for 9at 5:30 p.m. AIFFL Executive Director Marcy Brennan said her groupcomprisesz entrepreneurs, investors and professional service “We expect to double the membership this year – especially the angell investors – with this more central and convenientt meeting location,” she said. “Even for thosew in Stuart, it’s not that far away.
” AIFFL used to have a centrak Florida chapter inthe Villages, a large country club communityu south of Ocala, but it closedx in January. “We expected the Villages’ residents to be a good sourcsof investment, and to draw entrepreneurds from Tallahassee, Gainesville, Tampa and Orlando, but it just didn’gt work out that way on a regular basis,” Brennan There will likely be substantial crossovefr between members of the AIFFLo and the (GCVCA), which meets regularly in Boca “I think it’s good for the communitty that AIFFL is widening its footprint,” said David Bates, GCVC A chairman and a shareholder in Gunster Yoakleyy & Stewart.
He sees the Jupiter move as a shrewdf marketing strategy togrow quickly, citing his group’ss membership, which grew to more than 300 over the last two yearss in southern Palm Beach County. “Thers are more than enough investment angels looking for good dealwsin today’s competitive environment for both organizations,” Bates GCVCA is typically pitched by young companies lookingv for mezzanine investing in the $1 million to $5 milliom range, while AIFFL gets pitched more by startuo companies looking for $50,000 to $1 million.
Brennam said: “We have seen some remarkable ground-floor opportunities in medical devices and great creativity across the board in the technology Web site: E-mail: marcy@aiffl.org