Showing Entrepreneurs the Money

Provo, UT - FundingUniverse.com has experienced record growth in the four weeks since August 15th. The website registered more than one hundred investors and nearly 750 entrepreneurs, while an additional 165 business plans were posted. Over $25 million in additional angel investment capital was made available to promising entrepreneurs and business owners.

Peyvand Honargohar, who registered his business, ZH Micro.com, on the site, commented on FundingUniverse.com’s success. “I’m sure it’s because of the direction and accessibility of the site,” said the Texas entrepreneur. “It’s very straight-forward and it’s the only completely free site I found, which is perfect from the entrepreneurs’ perspective.”

FundingUniverse.com is a family of 51 state-specific websites (FundingNewYork.com, FundingUtah.com, etc.) designed to help entrepreneurs and investors link up. Entrepreneurs looking for start-up capital may submit their business plans to independent investors on the website. The service is completely free. Accredited angel investors who sign up for a free FundingUniverse.com membership review posted plans on the site and contact the entrepreneurs they wish to invest in.

FundingUniverse.com was founded by Internet entrepreneur Paul Allen (no relation to Microsoft’s Paul Allen) and former Novell General Counsel David Bradford. Their creation has helped entrepreneurs meet dozens of angel investors throughout the nation.

Investors and entrepreneurs may register for a free FundingUniverse.com account by visiting www.fundinguniverse.com.

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