15.2 (D) Angel Financing and Venture Capital Generally sought by entrepreneurs and businesses that would not qualify for commercial bank or SBA-backed nancing. Angel investors are wealthy individuals and groups that are interested in providing initial funding for high-risk ideas. They typically have very short loan investment horizons (less than 10 years) and upside limits of about $2 million. ' Venture capitalist firms or funds are also willing to fund high- risk projects, but have longer time horizons and higher funding limits. They generally provide the funding in stages. ' Think Kickstarter, Jax's "One Spark" crowdfunding fest. Shark Tank