MAINE ANGELS was founded to enhance regional economic development in and through the private sector, by providing a cooperative mechanism for interested individuals to collaboratively locate, investigate and make investments in early-stage, high risk/return opportunities. Through this mechanism, entrepreneurs can access critical resources of seed capital (generally $100,000 to $2,000,000 per instance) and management guidance from experienced business veterans, while investors can decrease the risk and increase the financial return of Angel Investing by cooperating in this activity with a disciplined and experienced group of like-minded colleagues.