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The Dingman Center Angels are a group of more than 40 angel investors who, as a group, review pitches from four DC-area startups every 2nd Wednesday of the month. The Angels work together, pool due diligence but invest separately as individuals. The network is organized by the RH Smith School of Business's Dingman Center for Entrepreneurship at the University of Maryland in College Park. Since their inception in 2005, the Dingman Center Angels have invested $4 million in start-up companies in the Mid-Atlantic region (Maryland, Washington D.C., Virginia, and Delaware). The Dingman Center Angels target companies seeking $100,000 to $1 million of equity financing, and will often syndicate with other angel groups and VCs for deals up to $2 million. Each year, over 150 companies submit applications to the Dingman Center Angels. Since 2005, DCA has completed over 180 transactions, representing over $23 million in capital invested.
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