Ark Angel Alliance has added John Nabholz and Philip Tappan to its board of directors.
Nabholz is a longtime member and past chair of the Arkansas Economic Development Commission’s Arkansas Science and Technology Authority Board and is currently chair of its Commercialization Committee. He is managing partner for the Health Tech Arkansas accelerator. Nabholz has been an active member of numerous investment funds, including Cadron Creek Capital and Cadron Capital Partners.
Tappan is managing partner of Tappan Land & Water, a company that owns a majority interest in Purple Cow Restaurants and several properties in central Arkansas. He is chairman of the restaurant chain’s board and retired as president and CEO of Quality Performance Food Group in 2003. Tappan also serves or has served on the board for Delta Trust & Bank, Simmons Bank, CHI-St. Vincent Foundation, Arkansas Community Foundation, Arkansas Symphony Orchestra Board and Foundation and Arkansas Foodbank Network, where he was chair for the “From Hunger to Hope Capital Campaign” that led to the construction of the Food Banks’ $14.5 million distribution center.
The mission of Ark Angel Alliance is to educate individuals about how to make better investment decisions in early-stage companies and to spur economic development by aggregating investors to capitalize on early-stage companies with the ability to grow well-paying jobs in Arkansas. The organization also encourages seasoned investors to leverage their expertise to help companies scale and position themselves for an exit.
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