Northern Michigan Angels (“NMA”) is a volunteer network including successful entrepreneurs and other business leaders in the Northern Michigan area, who provide accredited investment capital, strategic advice and mentoring to early-stage companies to help them achieve market leadership.
NMA focuses on high-growth early stage companies with a connection to Michigan and preferably the Northern Michigan Region. The mission of the Northern Michigan Angels network is two-fold: to help grow the economic base of the region through the rapid growth of early-stage companies and to provide members a meaningful financial return on their time commitment and invested capital. Promising companies that meet the following criteria are more likely to be of interest to NMA.
Applicant Company:
• Is or has plans of a location near Northern Michigan
• Is seeking investment of $100,000 or more from NMA
• Is seeking to close its first round of investment with a professional investment group
• Has a market opportunity sufficiently large enough to provide for significant growth of the business
• Has a compelling, well articulated strategy for capturing a significant market share
• Has strong management with relevant experience, a successful track record, a desire for advice and coaching and a willingness to listen
• Has an exit strategy Companies that meet the criteria listed above should spend the time to apply for funding through NMA.
Entrepreneurs applying for funding are asked NOT to share information deemed confidential or proprietary with NMA in applications or written correspondence.
