San Diego Angel Conference SDAC, a University of San Diego USD Knauss School of Business initiative in its fifth year that engages promising early-stage entrepreneurs and active certified angel investors, today awarded three startups with angel money for potentially revolutionary ideas.
Today’s conference was the culmination of seven months of activating accredited angel investors, providing educational events, and mentoring for participating early-stage companies. It was presented live to an audience at the University of San Diego (USD) and live streamed to an audience from across the country by the San Diego Angel Conference.
What an honor to present alongside the other finalists today and be selected to receive funding from the SDAC fund, says Dr. Joshua Pelz, CEO of LIMBER Prosthetics & Orthotics.
This preliminary funding will allow us to further with our product development. SDAC also gave us essential coaching and education on how to effectively engage with angel investors, do due diligence, and develop a strong network of mentors, investors, and peers.”
For the 2022/2023 season, SDAC V received 106 applications from early-stage companies. Accredited angel investors from all throughout the country contributed anywhere from $7,000 to $40,000 to construct the SDAC V fund.
Over the course of three months, the angel investors reviewed the 106 firms to determine which were most likely to succeed and advance to the final pitch for funding.