Entrepreneurs, Inventors, and People Who Turn Blue
by Judith Earley
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An organization in Southern California offers entrepreneurs and inventors in the early stages of the development process the opportunity to draw from the collective wisdom of more than 100 experienced entrepreneurs, senior corporate executives, and skilled professionals representing a variety of industries and venture capital affiliates. Founded in 2000, the Pasadena Angels is a nonprofit organization run by leading private investors dedicated to providing long-term human and financial capital to help build successful companies.
Each year, nearly 100 entrepreneurs and inventors, representing a broad spectrum of industries, submit applications to the Pasadena Angels. Once each of these hopeful new business owners has been screened and accepted, he or she is assigned an Angel mentor in his or her corresponding field of expertise. From their mentors, entrepreneurs and inventors receive guidance and support in the areas of business development and financing strategies. Mentors work with entrepreneurs for varying amounts of time, from two months to two years; it all depends on how quickly they can progress through the steps.
As they deem appropriate, the Pasadena Angels invest their time and financial resources in budding entrepreneurs and inventors who they believe have significant potential for success, as well as potential to benefit from association with the organization. The Pasadena Angels charge no fees for services rendered.
One executive committee member of the Pasadena Angels is Dr. Kevin J. Scanlon, Founder and CEO of International BioScience. He brings his experience and expertise to emerging entrepreneurs in the biotechnology community, and he currently mentors and supports entrepreneurs throughout the venture capital community as a member of both the Pasadena Angels and its sister organization, the Tech Coast Angels of Los Angeles.
Dr. Scanlon received his Ph.D. in Biochemistry from the University of London and his post-doctoral training in molecular pharmacology at Yale School of Medicine in New Haven, CT. He is distinguished as both a molecular biologist and gene therapist, and his background includes additional expertise in academic medicine, pharmaceutical industry management, and graduate school course development and instruction.
Several miles south, in the beachside community of Marina del Rey, you will find Dr. Natalie L. Petouhoff, rocket scientist, television host, and product spokesperson. Dr. Nat is CEO of Digital Darlings Productions, and for anyone who is a reality show aficionado, she served as the design team leader for ABC's and Simon Cowell's American Inventor.
Helping others to reach their potential is Dr. Nat's passion, and she pursues this passion by utilizing her expertise as a rocket scientist, industry expert and consultant, home and product design guru, and lifestyle makeover expert. She has even appeared as a guest expert on television shows and radio segments. If you have a problem, she has a solution.
Dr. Nat holds a Ph.D. in High Energy Particle Physics from UCLA and has worked as a product development engineer creating innovative new products for companies like Hughes Electronics, General Electric, and General Motors. She has also been a consultant at a number of prestigious consulting firms, has ghostwritten books for CEOs, and has authored her own books and cutting-edge articles in the areas of marketing, sales, and customer relationship management. Dr. Nat is a powerful and popular speaker, teaches a regular seminar called How to Make Millions with Your Idea or Invention, and is a professor for the M.B.A. program at Pepperdine University.
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