ENTERPRISE, Ore. (Jan. 3, 2017) – Want to support your neighborhood business? Be a small-town “angel” investor! Typical angel investors look for businesses that can grow quickly and then be sold. Small-town “angels” deal with smaller amounts of money and are interested in the long-term success of a business that will sustain a community, not abandon it.
“How to Be a Smart Local Investor” is a free, 3-hour seminar for people who want to support the entrepreneurs who are the foundation of our economy. The seminar provides a friendly and safe opportunity for participants to develop a personal framework for making investing decisions, and learn how to conduct due diligence and risk assessment. Participants will learn about different investment structures and have time to network.
An article in Forbes magazine (http://tinyurl.com/jaem8o6) notes that “there are between 25 million and 27 million small businesses in the U.S. that account for 60 to 80 percent of all U.S. jobs. And, a recent study by Paychex says that small businesses produce 13 times more patents than larger firms.” These small businesses may not be glamorous, but they are the economic engine of our nation. And multi-million-dollar investors are not the only “angel” investors—investments of just hundreds of dollars can make a difference to a local business owner.
How can you help to keep this economic engine running smoothly? Find out at one of our upcoming seminars, taking place at 6 p.m.:
- Baker City: Wednesday, Jan. 18 at HatchLab Baker, 2019 Main St.
- La Grande: Thursday, Jan. 19 at Umpqua Bank, 1215 Adams Ave.
- Joseph: Monday, Jan. 23 at the Place, 303 S Lake St.
To register, call NEOEDD at 541-426-3598 or 800-645-9454, or email [email protected]
NEOC3 is a community partnership that’s spreading the word about local investing, to educate people about their ability to take more control of their financial futures. The Northeast Oregon Economic Development District’s mission is to provide resources and facilitate quality decision-making for the benefit of entrepreneurs, businesses and communities in Baker, Union, and Wallowa counties. Learn more about its programs and business support at www.neoedd.org.
# # #