Phenomenelle Angels Fund I, LP is an early stage fund that invests in women and minority owned or managed businesses in Wisconsin and the Midwest. Qualifying businesses must have at least one woman or an ethnic minority holding substantial ownership or in an executive (C-level) position. Phenomenelle invests in exceptional management teams that exploit proprietary technology to create breakthrough applications in the following market sectors: Information Technology, BioTechnology/Life Sciences, Clean Technology, Consumer Goods/Services and Communications. The group targets companies that have, or will be on, a runrate of $1 million or more in revenues, with plans to grow to $20 million or more within 5 years. Phenomenelle's investments will typically be in the $100,000 to $500,000 range, with a reserve for follow-on investments.