Is the NY/MidAtlantic Region a New Mecca for Angels?

angelThe State Science and Technology Institute reports that the New York and Mid-Atlantic regions are emerging as a major focus for angel financing:

Together, New York and the Mid-Atlantic region were home to as much angel investment activity as California, according to the 2013 Year in Review edition of the HALO Report, published by Silicon Valley Bank and the Angel Resource Institute. Last year, California continued its reign as the top single region for angel activity, with 18.6 percent of U.S. deals and 19.6 percent of dollars. For the first time however, the combined activity of New York and the other Mid-Atlantic states reached levels similar to California, with 18.6 percent of deals and 19.7 percent of dollars.

The full story is here.  You can download the HALO report here.

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