Central Alabama Angel Network (caan)

The Central Alabama Angel Network (CAAN) was organized in 2011 to serve the capital needs of Birmingham-area startup and early stage companies. The CAAN meets monthly to hear investment opportunities that have successfully passed a rigorous due diligence process. The network is professionally managed by the Angel Investor Management Group (AIM Group). The group provides $250,000 to $1 million to startup and early-stage companies in fields such as information technology, medical devices and instruments, web-based services, mobile data services, software and biotechnology. AIM Group-managed networks in Huntsville, Central Alabama, and Auburn have invested more than $14 million in early stage companies since 2005.