The South Coast Angel Fund is a member-managed, early stage, venture capital fund designed to utilize the capital, resources, and expertise of their members to generate financial return through equity investments in early-stage companies.
The Fund, located in the New Orleans BioInnovation Center, primarily works with companies throughout the Gulf Coast region. Local entrepreneur Jon Atkinson has recently been hired on to lead the business development and outreach of the fund, in addition to coordinating due diligence and managing day-to-day operations. This hire was reportedly made in anticipation of the development of a second early stage angel fund in New Orleans.
“We are very pleased to have Jon join our leadership team. He brings a wealth of experience that will generate significant value for our members and portfolio companies,” said South Coast Angel Fund co-founder Clayton White. “We are excited for a local, New Orleans talent to help secure our future sustainability and growth of our organization.”
“Jon’s experience, relationships, and roots in the entrepreneurial community will help South Coast Angel Fund take its activities to the next level,” said William Locander, Dean of Loyola University College of Business, South Coast sponsor and member. “Entrepreneurship and student-community involvement are core pillars of the student experience at Loyola. We are excited to have Jon continue to develop the College of Business’ innovative partnership with South Coast.”
“I’m excited to join forces with co-founders Clayton White and Choose Taurman in order to expand the size and reach of the fund, enhance the membership experience, manage deal flow, and deepen partnerships with portfolio companies,” said Atkinson.