Birmingham Angel Network, LLC (BAN) is an active angel investment club and Birmingham, Alabama's only Angel Capital Association (ACA) chapter. BAN is a group of executives, professionals and accredited investors who are interested in investing their time, expertise and money into new, cutting edge, startup companies. BAN was formed by a small group of friends in late 2007 and began club operations in 2008. BAN pursues companies seeking investment capital from $250,000 to $1,000,000.