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Friends and family are often a source of seed funding for startups, providing opportunities for both parties. Photo: Stockphoto

Friend, families, fools and angels

There’s plenty of room for growth in WA’s angel investment sector. 

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Perth
If you combine angel seed investment with an Accelerating Commercialisation Grant (where applicants can get matching funds up to $1 million) then you can double the angel money without diluting anyone, and you don’t have to pay it back. That’s the federal program I work for. Worthwhile looking into it if you have an innovative pre-revenue project at the MVP stage.

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