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Following is an excerpt from this piece.  To read the complete original article, please click here: Angels touch budding businesses

Cross described the difference between angel and venture firms.  Angels, he said, invest as individuals, each seeking his or her own profits.  Venture capitalists are institutional investors who assemble a pool of capital from a number of partners and then invest that capital on behalf of those partners.  FreshTracks, he said, starts where the angels leave off, providing $500,00 to $1.5 million on average to each client, who must have a "compelling story." "...within New England, Vermont is virtually tied with new Hampshire as the best places to get funding," Cross said.