Angel investors in New York, New England (New Hampshire, Connecticut, Massachusetts, Rhode Island, Vermont, Maine) and the Eastern seaboard (Virginia, Pennsylvania, Maryland, New Jersey and Washington D.C.) tend to invest nearby.
It's pure economics -- angel investors from New York find it very expensive to travel to Seattle to oversee their investment.
Check the web sites of each group carefully before submitting a proposal. Some are looking in particular industries, some are more general; some focus on startups, some want companies to have some kind of track record; some will accept only online submission, some want a business plan.
New England
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Check out tips on business plans for venture capital firms. Many of the techniques for venture capital firms can be used effectively here as well.
Never discount the SBA as a funding source.
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So whatever you want to do, just do it. Don't worry
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GLORIA STEINEM,
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Top Tip
of the Day
September 2, 2010
Have you checked with your local credit union for business financing? If not, you should.
Come back tomorrow for another Top Tip of the Day

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