Angel capital investing, the ground-floor base for building a startup company that could become the next Google or at least the next Akebia Therapeutics, is on the rise in Ohio and its neighboring states. Angel investing in the Great Lakes region rose to 13.8 percent of the nation’s total last year, according to a newly released annual report on angel investing called the Halo Report, sponsored by Silicon Valley Bank and the Angel Resource Institute. The region – which includes Ohio, Indiana, Illinois, Michigan and Wisconsin – generated 11.3 percent of the nation’s angel investments a year ago.
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