Tuesday, September 15, 2009
TCA's OC Arm Pumps Seed Program
The Orange County Chapter of the Tech Coast Angels is promoting a program to help jumpstart small companies, O.C. SeedTrack, building off of earlier efforts by the group's San Diego and other chapters. According to the O.C. Tech Coast Angels, the new program will provide seed funding, strategic planning, and execution of day-to-day functions of startups. The O.C. TCA said it would invest no more than $100,000 in companies applying to the program, which it said it just launched. The San Diego branch of the Tech Coast Angels launched their own TCA Seed Track effort way back in December of 2006, initially focused on both technology and biomedical firms; the group's other arms have funded and helped to staff a number of firms patterned after the same seed stage mentoring efforts.