Get ready to enter the twilight zone: despite the credit crunch and a downmarket, many angel investors say that the number of investments they will make, and the amount of funding they plan to offer will actually go up this year, according to the Angel Capital Association via Wired. More than 80% of the angels surveyed said that they planned to throw money at three to nine start-ups in 2008, which is almost a five percent increase from last year. The number of investors who said that they planned to fund ten or more businesses also rose this year, nearly doubling from 2007.

While those are pretty numbers, don't expect easy money. Angel funding may be up, but they're holding potential investments to a higher standard, reports Portfolio. Similar to any other investor, they expect a great business plan and a proven track record. And like many VCs and investment banks, they're looking for solid investments in perpetually hot fields like tech, Internet business, and green technology.

Bottom line: times may be tough, investment banks may be going under, and you may be eating Spam—but you can still get the money for your start-up.