E6: LEE TABAS (Part 1) - The role of angel funding in the growth of small local businesses

When we talk about VC funding, we think Silicon Valley, and disruptive tech businesses. In this episode, Lee Tabas shares his insight on financing local businesses and how it could lead to growth and prosperity for the entrepreneurs and their communities. Lee Tabas is President of Tabas Funding Ltd and is an expert in community banking and entrepreneurship. For 30 years, he grew from bank trainee to bank president, and under his leadership, Royal Bank of Pennsylvania (acquired by Bryn Mawr Trust in 2017) grew from $20 million in assets to $500 million. He has served as trusted advisor to bankers, and has invested in several small businesses through Tabas Funding Ltd. Interviewed by Evangelos P. Limpantoudis