The mission of Northern Michigan Angels is two-fold: to help grow the economic base of the region through investment in scaleable early stage companies, and to provide members a compelling financial return on their time commitment and invested capital.
The entrepreneurial spirit is alive and well in Michigan! NMA was formed at the beginning of 2012 and to date has invested in 22 small companies in Michigan with 4 of these companies receiving second or third rounds of capital; established alliances with 16 like-minded angel groups, accelerators, and incubators statewide; arranged for 61 aspiring entrepreneurial companies to present at pitch events; attracted 9 community sponsors and staged 6 educational workshops.
We are not a managed fund. Each of our members decides whether they want to invest in the opportunities presented and how much. We have periodic pitch events with 2 or 3 30-minute presentations from entrepreneurs headquartered within Michigan.