The Central Arkansas Angel Network announced Wednesday (July 15) a partnership with Conductor to fulfill the role of executive director. Conductor’s executive director Grace Rains will serve as the CAAN executive director leading the initiatives of new member recruitment, deal vetting, and due diligence.
The Central Arkansas Angel Network was established in 2019 with a two-fold mission: to educate individuals in central Arkansas to make better investment decisions in early stage companies and to spur economic development by aggregating investors to capitalize early stage companies with the ability to grow well-paying jobs in the state of Arkansas.
“The CAAN is mission critical to our organization as not only a source of capital for growing Arkansas companies, but also as an initiative to encourage and develop investment in Arkansas,” said Rains. “I look forward to collaborating with the CAAN board, current investors & entrepreneurs, as well as new angel investors as we grow the network”.
Rains currently serves as the Conductor Director of Operations and will maintain this role in addition to providing leadership to the Central Arkansas Angel Network. Rains holds both a bachelor’s degree and Masters of Business Administration from the University of Central Arkansas.
She replaces Jeff Stinson, who resigned, but will remain active with the Central Arkansas Angel Network.
“Launching the Central Arkansas Angel Network has been professionally fulfilling,” said Stinson. “The mission is vital to our state’s entrepreneurial ecosystem. As such, I can’t imagine a better partner to assume leadership of CAAN than Conductor, an organization driving value for many entrepreneurs in Arkansas.”