By Sharon Ko

JACKSONVILLE, Ore. -- Several investors want to put money in a great idea, if you got one.

The Southern Oregon Angel Investment Group is holding its second annual event where entrepreneurs can submit business plans for a chance to have their idea backed up by $125,000.

Angel investors are looking for two types of companies to apply. One is for launch-staged companies, meaning those that are ready to expand their idea. The second one is concept-based companies, those needing their idea jumpstarted.

The deadline to submit an application is January 31, 2012. Click here to apply.