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Founded by Dr. Thomas Duening in 2007, the Arizona Technology Investor Forum (ATIF) is an investment community of accredited private equity investors, venture capitalists, corporate investors, and institutional investors. The group's investment focus is Arizona-based technology companies seeking $100K to $2M investment in a wide range of industry sectors, including software, medical devices and services, consumer Web, green technology, and biotechnology. The group will consider companies from outside the region, but have a preference for deals with strong ties to Arizona. ATIF members have invested in 29 companies, providing over $7.2 million in capital. The members invest their own personal resources directly in companies and through ATIF Sidecar Funds. Launched in 2011, Sidecar I was ATIF's first fund. Sidecar Fund I, now closed, invested in 8 companies in 18 months. Over 75 ATIF members, guests and partners attend four Investor Meetings a year in Tempe, Arizona to view presentations from leaders of the selected ventures. Three promising Arizona-based technology ventures are selected to present at each meeting. ATIF is a member of the Angel Capital Association (ACA), a professional alliance of angel groups. ATI invests as little as $10,000 and as much as $1 million in the companies that get funded. The average ATI investment is $200,000.
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