Entrepreneurial booster

Before entrepreneurs can find angels, they have to walk through the valley of death.

The so-called “valley of death” for a young startup is the period of incubation between the creation of a big idea and private-investor funding. Many companies die off in this period, usually because they don't have the resources to develop further.

A group of executives, economic development officials and academics from Collier, Lee and Sarasota counties recently launched Fusion Pointe and plan to raise $1.5 million to fund promising entrepreneurial ventures.