The founder of Grow Utah Ventures on Wednesday announced the formation of an organized angel investment group in the Salt Lake metro area.

The 15-member Olympus Angels will provide seed capital and advice to young entrepreneurs, said Alan Hall, chief executive officer of Market Star. It is being led by Jim Ellsworth, a businessman and entrepreneur.

Details about Olympus Angels are available by calling Grow Utah Ventures at 801-479-5525 or going online to www.growutahventures.com.

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