How to Find Local Investors

Securing funding can be hugely daunting; with so many different methods and avenues to try, it can take as much time to decide on your techniques as it takes to complete the search. It is an exciting time for your company but can also be highly stressful.

While looking for investors for your business, it can be worth focusing on funding from local investors. This can hugely benefit your company, the investor, and your local area's business potential.

The Pros of Local Investors

Assist the local economy

Investing in a local business can have enormous benefits for the wider area. At the same time, local companies assist the broader community with outreach, events, and support initiatives, often a significant focus. 

When a local business is doing well, the community is intended to be stronger. This is why many investors favor local businesses over ones hundreds of miles away. As a result, they can be more actively involved in promoting the business and ensuring its success.

Greater Trust in your business

If consumers know that the business they are dealing with is not only founded by someone local but also funded by a local investor, they are more likely to support and trust your business from the word go.

It is obvious that small businesses are far more accountable, and they often create jobs for local people. This, combined with the local funding, will only add to the level of trust.

How to find local investors

Start a networking group.

Many nationwide investment networks may have a local charter near you. This is a branch of an existing/established network that can allow you to get to know those in your community better. An example of this is the ‘Texas Investment Network’ which is focused on connecting Texan entrepreneurs and investors.

However, if this is not the case, there are many opportunities for you to open a charter of an existing network or even begin your own local one! 

You may be surprised by how many people in your local area are willing to join one that you may not even know!

Keep up to date with local news and events.

If you focus on reading national news, you may miss many exciting developments and projects in your community. However, dedicating time to reading local newspapers and sites can be hugely beneficial.

New business expansions and events in your town are unlikely to be published in a nationwide business paper; however, they may just be the best way to meet like-minded people in your community!

Search LinkedIn by City

LinkedIn has an advanced search system that allows you to filter people and events by verticals and cities. This makes it far easier for you to contact many people you know in your area quickly! 

It makes the search much easier as you won't have to look through hundreds of irrelevant accounts to find ones useful to you!

Check your state's business registry.

Due to the requirement for business registrations, it can be straightforward to search for businesses in your area as well as for their executives. 

Most countries and states will have an online portal that allows you to search through all business information for free, as it is publicly listed.

Use Angels Partners' Investor Search

Thanks to the built-in filtering system on our platform. You can filter and search through over 100k investors by vertical, business stage, and location.

This is extra convenient as it allows you to search for and contact investors on one easy-to-use platform. In addition, it will enable you to outreach efficiently and effectively.

In Conclusion

We hope you see how local investors can help your business grow and have gained some tips to help you contact them quickly!

For any other startup and investment-related content, check out our blog, which covers a wide range of topics relevant to your business!