The eCoast Angel Network was formed in July 2000 by a group of like-minded investors from the Portsmouth, NH area. Members come from diverse backgrounds but have a unified purpose: to support economic development in the eCoast region, to foster entrepreneurial spirit, and to identify investment opportunities. The network is focussed on early-stage companies involved with advanced technology, e-commerce, and healthcare. They are a charter member of the Angel Capital Association, North America's professional alliance of angel groups.