NEW YORK, June 28, 2017 (GLOBE NEWSWIRE) — Digital Arts Media Network, Inc. (OTCMKTS:DATI), a specialized tech accelerator leveraging the Public Accelerator-Incubator (PAI) model, has been preparing to launch its Angels Plus (“Angels+”) program, which accelerates the funding process between angel investors and qualified startups.
The Angels+ program creates a unique and advantageous opportunity for both angel investors and innovative startups. Traditional angel investing can tie up investor funds for generally 7 years or longer. Many angel investors have expressed frustration over locking up their capital for such long periods of time with limited access to liquidity. Angels+ resolves this by shortening that period to approximately 24 months, giving private investors quicker access to liquidity.
The PAI platform can create liquidity for angel investors through public vehicles without waiting for the startup to work through the development, growth and liquidity event phases. This is very attractive to many angel investors as it mitigates investment risk and increases the probable rate of return.
Angels+ also frees up more capital for reinvestment into the same startups or new startups at a much faster rate. This greatly helps founders build new companies with the confidence that their funding sources will not dry up. The most important part of the Angels+ program, is that it affords everyday microcap investors the opportunity to essentially invest in vetted, high growth potential private tech startup companies through Digital Arts Media Network’s equity interest in each of these companies.
The startups accepted into the Angels+ program generally receive industry-leading support in funding, business development, legal assistance, technical experience, and other areas as needed, from well-established investors and accelerators. This helps to ensure that the startup Digital Arts Media Network takes an interest in, has the ability to reach their highest potential and maximize value much more quickly than would previously be possible.
“We are creating a mutually beneficial environment, where angel investors, retail traders, and startup founders alike, can all create value for one another,” stated Ajene Watson, Chairman and CEO of Digital Arts Media Network, Inc., “Shortening the time between investment and liquidity, reduces risk for angel investors; giving them greater flexibility to invest more, and more often. Because of the PAI program, this also allows retail traders the opportunity to invest in the type of startups they would not be able to invest in before, and creates more financing opportunities for the hardworking startup founders who are innovating the technologies of tomorrow.”
As the company finalizes its first Angels+ engagement, it will be vetting more applicants while preparing to put on angel events in Fall of 2017, which will host startup founders, angel investors, and other key players involved in high-profile accelerators.
Digital Arts Media Network, Inc. (OTCMKTS:DATI) is the first company to utilize the Public Accelerator-Incubator (PAI) model, with the intent to follow the global success of accelerators and incubators around the world, adding niche opportunities to both the microcap and startup communities. As a PAI, Digital Arts Media Network will assist with the development and acquisition of innovations that solve problems through digital platforms and other electronic applications.
Digital Arts Media Network aligns with leading private accelerators, incubators and reputable angel investors to form unique partnerships. These partnerships enhance the vetting process and expedite traction. Further, Digital Arts Media Network partners with successful entrepreneurs, venture capitalists, and development teams to provide startups with general and functional mentorship from industry leaders.
Digital Arts Media Network offers all investors the ability to (i) diversify, (ii) maximize success, (iii) see money at work, and (iv) exit. For those persons invested directly in the PAI, there is an additional opportunity to effectively support startup ventures through mentorship, and angel investors in startup ventures receive additional benefit from various strategies which further hedge and mitigate risk.
Forward Looking Statements
Statements in this press release that are not statements of historical or current fact constitute “forward-looking statements.” Such forward-looking statements involve known and unknown risks, uncertainties and other unknown factors that could cause the Company’s actual operating results to be materially different from any historical results or from any future results expressed or implied by such forward-looking statements. In addition to statements that explicitly describe these risks and uncertainties, readers are urged to consider statements that contain terms such as “believes,” “belief,” “expects,” “expect,” “intends,” “intend,” “anticipate,” “anticipates,” “plans,” “plan,” to be uncertain and forward-looking.
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