Local non-profit entrepreneurial network TiE Seattle today launched a new angel investment program to help facilitate entrepreneurs and startups with access to seed capital and mentorship.
The new venture is called TiE Angels Group Seattle (TAGS) and includes Charter Members of TiE Seattle. TAGS will provide early stage investment, support and guidance opportunities to its members.
The group plans to invest in early-stage companies in the arenas of software, Internet, Mobility, clean tech, healthcare, education and medical device.
“I’m excited at the opportunity to spearhead this vital new initiative for TiE Seattle,” Haresh Ved, chair of the TAGS program, said in a press release. “As a long time TiE Charter Member, I’ve often felt that TiE’s efforts had a gap in our support for entrepreneurs. Now, besides providing capital, an essential element for startups, TAGS provides a structured and complete ecosystem where entrepreneurs, investors, partners and sponsors can benefit from the breadth and depth of experience of TiE Seattle Charter Members and community leaders.”
TiE is a global network of entrepreneurs that was founded in 1992 in Silicon Valley. Its original name stood for “The Indus Entrepreneurs,” but has since evolved into “Talent, Ideas and Enterprise.” There are now more than 58 chapters in 12 countries.
TiE Seattle invites notable entrepreneurs from the area to speak at monthly events for its members that cover everything from the future of education to general startup tips.
Previously on GeekWire: 10 key startup tips from entrepreneur and Babson professor Michael Cummings
Reach staff reporter Taylor Soper at firstname.lastname@example.org or on Twitter @Taylor_Soper