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Accelerating Angels funds first two startups [Video]

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Startup Funding

The investment group chose two companies from the nearly 300 that applied.

POWELL, Ohio — To help more women-owned businesses flourish in central Ohio, the female-founded investment group Accelerating Angels is making sure women get the capital they need to succeed.

“It’s a win-win for everyone in our fund,” said co-founder Cindi Englefield.  “I’ve been an angel investor for quite a while and when we heard the statistic that less than 2% of venture capital goes to female founders, we felt like we needed to do something. It was time to help move that needle.”

Englefield and her co-founder Mary McCarthy recently selected two companies as the recipients of their first-ever round of funding.

“My whole entire entrepreneurial journey has been supported by other women, founders, women-owned businesses,” said the founder of SureImpact Sheri Chaney Jones, one of the two companies chosen by Accelerating Angels.

Jones describes her company as “a software platform that helps government, nonprofit, social …

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