[Editorial Notes : The new government will soon announce Budget 2014 and we certainly would like to believe that the new budget will also focus on giving wings to India’s entrepreneurial energy. V.Shankar, Angel Investor at The Chennai Angels shares key points that the new government should definitely fix.]
Angel Investor Groups play an important role in the promotion of Entrepreneurship in the country. In addition to capital, they provide mentoring, access to networking and access to market, and these are inputs that a startup desperately needs.
Angel Investing has been adversely impacted by well known recent regulatory changes. These need to be reviewed to re-energise Angel Investing and promote entrepreneurship.