It took about six months of due diligence before Katie Chitwood, John Field and their colleagues decided they were willing to put up $30,000 for a University of Missouri startup that makes a long-lasting human tissue filler.

But it's typical for angel capital funds to spend months vetting a company and its leaders before making a high-risk investment in an unproven business. What's not typical is for students to be doing the vetting.

MU's Student Angel Capital Program, though, gives about 15 students the chance to get experience running an angel capital fund, complete with a pot of money worth more than $100,000. Yesterday, Chitwood, an MU junior studying accounting, and Field, a senior accounting major, held up an oversized check at a luncheon yesterday to announce the fund's first investment.

To read the full, original article click on this link: MU angel investors fund startup | The Columbia Daily Tribune - Columbia, Missouri