TN Angel Tax Credit?

The idea for a Tennessee Angel Investor Tax Credit has wings, but may or may not have legs. Read about it here.

Angel Cap Group + Screampoint

Nashville-based Angel Capital Group has invested an unspecified amount in a recently reopened C-round raise for Screampoint, a data-visualization software and services provider with offices in Menlo Park and abroad, according to a release. ACG CEO Rachael Qualls told VNC that ACG learned of the opportunity through an ACG angel. Screampoint's C-round remains open and will eventually close with about $3.5MM total, she said. Previous ACG coverage on VNC is here.

TN Angel investing encouraged

Middle Tennessee's Angel Capital Group investor relations director Jason Denenberg's (left) comments on the importance of Angel investing in this economy are welcome enough, but it's his colleagial mentioning of Nashville Capital Network and the Nashville Entrepreneur Center that is perhaps most encouraging. See his piece in The Tennessean.

Angel Capital Group spreads net

The Nashville-based Angel Capital Group has worked its way into a role providing a tributary into the dealflow pipeline that's being established by RightSide Capital Management in San Fran. ACG has also continued to build its own network of offices. Read more here. RightSide promises speedy answers for entrepreneurs seeking seed capital -- as well as "massive" due diligence that sounds like the financial equivalent of a body-cavity search.

Angel Capital Group FastPitch Feb. 5

The Angel Capital Group has rolled-out a new website and is marching toward its second FastPitch event, Feb. 5, 2010, at Belmont University (Noon-4 p.m.).

Angel group adds co-owner

Angel Capital Group, founded by Rachael Qualls, has added another co-owner, reported by VNC today.

Emerging Leaders

This year's Nashville Emerging Leaders Awards (The NELAs) highlighted, among others, two players in Nashville-area startups and growth companies: (L-R) Jennifer LeMieux, SVP-Marketing at Passport Health Communications; and, Rachael Qualls, founder and CEO of Angel Capital Group, a for-profit angel network based in Hendersonville, with staff in Knoxville and a sister network in North Carolina.

Angel Capital Group spreads wings

The Hendersonville-based Angel Capital Group is expanding its presence in Knoxville. Read about it here.

Chamber's 'Emerging Leaders' finalists named

The Chamber's Nashville Emerging Leaders Awards finalists have been revealed and the list is here. Things might get awkward at eMids, because in the Tech sector Mike Hollis is competing with his boss/owner, Saurabh Sinha. Other names previously covered by VNC include Justin Lanning of CredenceHealth and Rachael Qualls of Angel Capital Group. Citing a more tenured leader, the group also announced its 2009 Sage Award goes to Pat Collins, president of SESAC, the recording rights company.

Pitch investors, or pitch yourself

Tuesday, March 31, has a little something for everyone, whether you're looking to hone your investor presentation skills or redouble your self-help bootstrapping efforts... or, via a third event, get a piece of Oak Ridge NL's Stimulus funding. Here's the lowdown on two venture events in Nashville, and here's the KNS update on that Oak Ridge NL "Industry Day."

Angel Capital Group announces fundings

Angel Capital Group, based in Hendersonville, announced in today's weekly edition of Nashville Business Journal that three firms have obtained investments from angels in ACG or from the closely aligned North Carolina-based Inception MicroAngel fund. ACG CEO Rachael Qualls did not reveal financial details for the transactions, which were apparently the first consummated by ACG, founded in spring 2007. Recipients are: Traklok Corp., in Knoxville, which provides devices for tracking and shipping intermodal containers; Optivia Medical, a North Carolina firm that's commercializing endoscopic technology; and, BugleMe, a Nashville company that allows fans to signup to receive voicemail messages from celebrities.

Tough love from VCs

The roughly 80 tech executives, VCs and others assembled last week for a panel discussion on venture capital and angel investing seemed happy enough after hearing tough-love observations about how bank debt facilities have dried-up, Angels ain't writin' checks so easily and VCs enjoy deal flow that's as greater or greater than they had in boomtimes. The story's here.

The next VC-Angels panel is Nov. 6th

Coming Nov. 6th: Sid Chambless of Nashville Capital Network and Rachael Qualls of Angel Capital Group, together on the same stage, talking about the nuts 'n bolts of approaching investors. Stalwart VC Vic Gatto of Solidus (left) has volunteered for the middle seat. This Boult Cummings-sponsored event complements last week's NCN-sponsored VC panel, which produced insightful comments. Moderator for this round is Courtney Ross, VP with the Nashville Area Chamber. More info here at Nashville Technology Council.

ATT: Machine to Machine and Knoxville's Tingz

Knoxville-based Patrick Hunt (left), founder-CEO of Tingz (formerly Modern Sprocket), presented his plan to create widgets for home appliances and other electronic devices that would knit them altogether to create personalized interactive consumer ecosystems. He's made the round to the Angel Capital Group based in Sumner County, and presented at TechCrunch. Thursday's AT&T announcement about its formation of an emerging-devices devices seems congruent with Hunt's vision.