Not every entrepreneurial venture begins with a business plan, an angel round or an infusion of capital of any kind.

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Though German Chancellor Angel Merkel has supported the plan, many in Germany, including the Bundesbank President Jens Weidman, does not.

FORBES: The Week Ahead: One Sector Sends a Strong Warning

On a month-long vacation to India in mid-2006, he started to work on his own business plan for SMS mobile search, and persuaded angel investors Sasha Mirchandani and Prashant Choksey to back him.

FORBES: Indian Startup Takes Turf From Google - Next Act?

Snowe has a plan to give tax incentives to so-called angel investors that lend to entrepreneurs or small business.

FORBES: Departing Small Biz Chair Ready To Play Ball

The mayor of Providence, Rhode Island, Mayor Angel Taveras, made national headlines last week when details emerged about his plan to tax nine tax-exempt hospitals, colleges and universities in an effort to raise revenue.

FORBES: Taxing Non-Profits: Is It the Modern Day Solution to Balancing Budgets?