FundingUniverse.com Registers Entrepreneurs in Every State

September 30, 2005 (PRLEAP.COM) Business News
Provo, UT – FundingUniverse.com is helping entrepreneurs in 50 states raise seed capital for their businesses. The site has attracted at least one entrepreneur in every state across the nation.

“No single state has the monopoly on entrepreneurship,” said co-founder Paul Allen. “There are entrepreneurs with great ideas all over the nation, and we’re glad to play a part in helping those ideas come to life.”

The site is growing exponentially, registering nearly 800 entrepreneurs in the month of September. There is nearly $300 million in available angel capital for entrepreneurs across the nation. The site’s largest concentration of entrepreneurs lies in the South and the West. Utah, California, Texas, Georgia, and Florida all registered 100 entrepreneurs in just two months.

“We’re pleased to be a resource to entrepreneurs in so many places,” said Marketing VP Jeff Jordan. “We also look forward to helping more angel groups find ideas that are ready to blossom into tomorrow’s next big thing.”

Entrepreneurs can visit one of the 50 FundingUniverse.com sites and upload their business plans for investors to review. Angel investors log in and view posted business plans with FundingUniverse.com’s innovative DealFlow Suite software. DealFlow Suite allows entrepreneurs to submit business plans to specific angel groups privately, where registered angel groups can rate and choose plans to fund.