NEW YORK, Sept. 28, 2017 (GLOBE NEWSWIRE) -- Digital Arts Media Network, Inc. (OTCMKTS:DATI), a specialized tech accelerator leveraging the Public Accelerator-Incubator (PAI) model, has launched its Exchange Direct program, which creates liquidity for angel and early-stage investors.
“While battle testing Angels+, we were challenged to develop a new program to address other liquidity needs of angel and early-stage investors,” stated Ajene Watson, Chairman and CEO of Digital Arts Media Network, Inc. “We view the Exchange Direct program as a segue to introducing Angels+ to more startups.”
Angels+ is a capital formation program that gives a startup the ability to provide angels and early-stage investors access to liquidity within 24months. The Exchange Direct program will focus on more mature startups that have been curated and strategically funded by reputable accelerators and angel investors.
Watson concluded, “We are now in negotiations with angel investors to close Exchange Direct transactions. These same investors are interested in the Angels+ program for other startups they may be giving investment consideration toward. Exchange Direct transactions, once closed, would result in significant increased equity to the Company’s developing startup portfolio and balance sheet.”
Digital Arts Media Network, Inc. (OTCMKTS:DATI) is the first company to utilize the Public Accelerator-Incubator (PAI) model, with the intent to follow the global success of accelerators and incubators around the world, adding niche opportunities to both the microcap and startup communities. As a PAI, Digital Arts Media Network will assist with the development and acquisition of innovations that solve problems through digital platforms and other electronic applications.
Digital Arts Media Network aligns with leading private accelerators, incubators and reputable angel investors to form unique partnerships. These partnerships enhance the vetting process and expedite traction. Further, Digital Arts Media Network partners with successful entrepreneurs, venture capitalists, and development teams to provide startups with general and functional mentorship from industry leaders.
Digital Arts Media Network offers all investors the ability to (i) diversify, (ii) maximize success, (iii) see money at work, and (iv) exit. For those persons invested directly in the PAI, there is an additional opportunity to effectively support startup ventures through mentorship, and angel investors in startup ventures receive additional benefit from various strategies which further hedge and mitigate risk.
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