Scope
·Lake Superior Region is defined as those contiguous counties from St. Louis County, MN to the Western U.P. of Michigan.
·Typical investments will be made in the range of $50,000 to $500,000.
·Larger funding rounds will be introduced to additional angel groups for consideration of “co-investing” in the deal with LSAN.
·Firms in the Lake Superior Region would be given preference, but firms outside the region could be considered for investment, especially if referred by another, known angel network.