The Native Angels Network, the network of the new age Angel Investors, will be launched in February in Erode. R Sivarajah, Chairman of Madurai Chapter, announced this to reporters.
D. Venkateshwaran, one of the advisorary board members of Erode Chapter NAN, said with its emphasis on socio economic development, NAN aims to help young entrepreneurs with innovative ideas and ability, but lack financial resources and mentoring to realise their entrepreneurial dreams and contribute to economies of their native regions.
He said NAN has already received numerous applications and pitches from many innovative start-up companies in varied industries from food, retail, tech/mobile apps to agriculture
M.S.K. Anand is the Chairman of the Erode Chapter and Radhakrishnan is the co-chairman (Administration). U.R.C. Devarajan, KKSK Mohamed Rafiq, SKM Sri Sivkumar, D. Venkateshwaran and four others are the Advisory Members.