An Interview With Marianne Hudson, Executive Director, Angel Capital Association (Part 3)

By guest authors Irina Patterson and Candice Arnold

Marianne: We are focused on helping angel groups grow and do things that are important to their stability and general operations. So, we’ve put together, I think, a lot of good referral services and places for good information.

We have partnered with Angelsoft to make sure that they have free access to their platform that helps them in the management of their organizations. >>>

An Interview With Marianne Hudson, Executive Director, Angel Capital Association (Part 2)

By guest authors Irina Patterson and Candice Arnold

Irina: How do you fund your organization’s work?

Marianne: It comes from a combination of membership dues, events and sponsorships. On the ACEF side, it’s a combination of a series of seminars and workshops that we do all over the country and grants from the Kauffman Foundation, as well as sponsorships.

Irina: What do you do day to day?

Marianne: There are no two days that are the same, but a lot of it is spent making sure we’re developing programming that has value to our members. So, that’s anything from helping put together a couple conferences per year to representing our members in Washington, D.C., watching what’s going on in Congress and in the administration, regulatory agencies, that kind of thing. Also, just working for ACEF, thinking through our educational programming and how we finance it. >>>

An Interview With Marianne Hudson, Executive Director, Angel Capital Association (Part 1)

By guest authors Irina Patterson and Candice Arnold

This is the fiftieth interview in our series on financing for entrepreneurs. I am talking to Marianne Hudson, executive director of the Angel Capital Association.

Overland Park, Kansas-based ACA is is a non-profit trade association. It counts among its members more than 150 angel groups throughout the United States and Canada that represent more than 6,500 angels. The mission of ACA is to support the growth, financial stability, and investment success of member angel groups.

It provides professional development, best practices, networking, and collaboration opportunities for angel investors who belong to member angel groups. The organization also serves as the public policy voice of the angel community and is focused on advancing state and federal policies that support and promote angel investing. >>>

An Interview With David Monkman, President And CEO, National Business Incubation Association (Part 4)

By guest authors Irina Patterson and Candice Arnold

Irina: How else do you work with your partners?

David: Like any trade association, we depend on partners to help sponsor NBIA and our members. Typically, what we do is we have a level-based sponsorship model. For certain advertising rates, we will promote a partner’s product to our members.

For higher levels of sponsorship, there would be more advertising channels employed and a greater number of impressions sought. So, for example, the cost per impression for a $5,000 sponsorship would be close to 30,000 impressions.

A $50,000 sponsorship, just to give you a sense of how large the range can be, would involve more than 1 million impressions. So, we try to be an advertising partner for vendors that want to provide services to incubator managers or their clients. >>>

An Interview With David Monkman, President And CEO, National Business Incubation Association (Part 3)

By guest authors Irina Patterson and Candice Arnold

Irina: What else is important for a vibrant entrepreneurial ecosystem?

David: The corporations are an important ingredient. They reflect potential demand for the products and services produced by these entrepreneurs. So, making sure they understand the participation expectations is important. That’s one thing we need. Another is making sure that the kinds of services that incubators offer are robust and provide a strong foundation for entrepreneurs in becoming a sustainable group for participating in an incubation process. >>>

An Interview With David Monkman, President And CEO, National Business Incubation Association (Part 2)

By guest authors Irina Patterson and Candice Arnold

Irina: What is NBIA? Give us a brief overview.

David: NBIA is a trade association that services and works with business incubation programs around the world. We are a 25-year-old organization that has about 2,000 individual members, representing about 1,000 organizations in 65 countries. >>>

An Interview With David Monkman, President And CEO, National Business Incubation Association (Part 1)

By guest authors Irina Patterson and Candice Arnold

This is the forty-ninth interview in our series on financing for entrepreneurs. I am talking to David Monkman, president and CEO of the National Business Incubation Association.  Athens, Ohio–based NBIA is a trade association that services business incubation programs around the world. Founded in 1985, this non-profit organization today has about 2,000 individual members, representing about 1,000 organizations in 65 countries worldwide.

Irina: Hi, David. Where are you from?

I was born in Illinois, raised in the States. I lived in Northern California for about seven years. I lived in New York for a couple of years. I lived in London for a year, the Netherlands for a couple of years, South Africa for five years, Pakistan for three, and the rest in the States. >>>

Revenue-Based Financing (RBF) For Entrepreneurs: Andy Sack, Co-Founder, RevenueLoan (Part 4)

By guest authors Irina Patterson and Candice Arnold

Irina: Do you have any target returns on investments?

Andy: Yes, we do have targets. We look at it from a portfolio approach, but generally speaking, we tell people that we’re looking for a 20% IRR. >>>