New York Angels New York Angels New York Angels is an organization of business angel investors based in New York, New York, US that provides equity capital for early stage companies, primarily in the field of technology and new media. Its members typically invest between US$250,000 and US$1,000,000 in companies that have begun operations but are not yet ready for venture capital. New York Angels is the successor group to the Angel Investor Program of the former New York New Media Association (NYNMA), which began as the industry association representing the fast-growing technology companies in what was nicknamed Silicon Alley. In 1997, at
Silicon Gulf 2006 and has revitalized its membership which now includes the ICT educational and technical training institutions, the sub-sector association of IT-enabled and BPO services such as contact centers, transcription providers, FOSS users, IT software and hardware vendors, i-Café operators and inventors. Silicon Gulf Silicon Gulf is a nickname for Davao City and extends to the Davao Region, at Southern Mindanao, Philippines. The nickname refers to the growing number of information technology and IT enabled services (ITES) companies sprouting in the area. The name was adapted from Silicon Valley, referring to the high tech cluster in the San Francisco Bay Area