Michigan Investment Network

Entrepreneur FAQ

I just submitted my info as an Entrepreneur but am I registered?

Once you submit your entrepreneur registration, you can immediately log into the entrepreneur login area. We also send you a confirmation email that includes a link that we encourage you to click on to confirm that emails from the site are reaching you; however, we do require that you click on this link in order to register.

Who are your investors?

Our investors consist of angel investors, venture capital funds, and investment professionals with access to private and/or commercial funds.

What is an Angel Investor?

Originally, the term "angel" was coined to refer to the people who financed broadway plays when all else failed. Today this term has become common among the investment community to refer to a high net-worth individual that invests their own personal funds in various businesses. Angel investors typically invest in a business after the entrepreneur's "love capital" (capital from relatives and friends) has been exhausted, but before the firm has reached a stage at which it will be eligible for venture capital investment.

What is the difference between an Angel Investor and a Venture Capital firm?

Generally, angel investors do not invest in deals over a million, whereas venture capital firms typically do not look at deals under this amount. Angels make their own decisions as opposed to a board or group of people making a decision for investors that have pooled money together. Angels tend to be more involved in the businesses that they invest in and provide assistance in ways that venture capital firms do not. Angels typically do not own as large a stake in the company as a venture capital firm would. A venture capital firm can fund larger deals and is often sought after in later rounds of funding.

How does the service work?

Entrepreneurs register on the site, log into the entrepreneur login area, and enter an investment proposal. When you are ready to activate you proposal, you can opt to list your proposal for free using our free Basic Services package. If you chose this package, then your proposal cannot contain contact information. Once we approve your proposal, investors will be notified by email about your proposal based on an algorithm which matches parameters of your proposal with the investment preferences of our local site investors and investors on our partner sites. Local site investors and partner site investors can also login and review proposals from any site. If any of these investors is interested in your proposal they will click a contact button which will notify you by email of their interest. That email will contain some information about the investor but not their name and contact details. If you want to obtain contact information, then you must pay our Referral Services or Premium Services fee to obtain investor contact details. You only pay this fee once per proposal and it entitles you to recieve the contact details for all investors who express interest in your proposal.

Entrepreneurs can also opt to pay for our Premium Services fee upfront so that they can enhance their proposal listing by 1) uploading additional assets (logo, business and marketing documents, images, videos), 2) getting better placement on the site (top scroller, front page, left column scroller), and 3) gaining immediate access to interested investors contact details. If you want to increase the likelihood that investors will express interest in your proposal, then opting to pay our Premium Services fee upfront helps.

Note: We are strictly a matching service bringing together private investors and serious entrepreneurs. Entrepreneurs must perform their own due diligence on each interested investor. After satisfactory due diligence is performed by both entrepreneur and investor, both parties can work together to negotiate an investment deal.

Why should I trust this website?

This site is run by completely independant management that has no links whatsoever to any other investment or entrepreneur-oriented organization. We are incorporated under a corporate charter. We fervently believe in the objectives of this service and are focused on ensuring credibility and commitment to our customers at all times. The website is the result of a significant financial and intellectual investment by its management over a long period of time. It is continually being upgraded and improved. The modest fees that are charged for our service represent only a small fraction of the total investment that has been made and in no way could be considered a "quick buck" operation. Finally, any upfront fees paid by Entrepreneurs are eligible for our generous refund policy should an investor contact not ultimately happen.

How is my privacy protected?

The site was developed using proprietary database management tools and a secure server is used to assure that no one sees your business or personal information. Your information is not offered to any third party for any purposes unless it involves help in obtaining capital. The information you enter into the website is guaranteed to be kept confidential and private.

How can I pay if I don't a paypal account or credit card?

We use PayPal to process payments. Using PayPal you can pay using a paypal account or credit card. If you are unable to or uncomfortable with using a credit card, then we arrange to have money sent from your bank account to our bank account. Simply inform us of your intentions using the contact us page on this website. At that point, we can send you specific instruction on how to complete the transaction.

How will I attract the attention of potential investors?

When dealing with an investor, at the very least your proposal should address the following:

  • How much money do you need?
  • Why do you need it?
  • When do you need it?
  • What are you willing to give up to get it?
  • When and how can you pay it back?

Investors need your answers to these questions before they will even consider helping you. They are not looking for "pipe dreams" or unprofessional sounding proposals. They expect a reasonably sound business plan as well as an understanding from entrepreneurs that an investor is not going to just blindly hand over significant sums of money with no strings attached whatsoever.

My proposal was just submitted and I received match(s) right away. Will I also get further Investor interest over time?

It is normal to receive immediate interest after it has been reviewed and released to investors. Proposals are sent directly to investors in real time according to their investment criteria. Also, matches occur even over long periods on the system as investors constantly search the database to seek out business proposals and as new investors are added to our database.

I paid the one time fee and received just Investor names and generic emails. Was I supposed to get more info?

Each Investor specifies to the network what initial contact information is provided to Entrepreneurs. This is done for confidentiality reasons. It is also normal that individual Investors make use of temporary email accounts for first contact. Entrepreneurs should make proper brief introduction and then request full Investor contact information before proceeding. If the investor is not forthcoming with contact details or information for performing due diligence then please contact our administration with feedback email.

I have other questions. Who do I contact?

You can connect with us via our contact us form.

Michigan Investors

United States > Michigan

I have started and sold three businesses from nothing. All were auto related but it is business in general that I love . I consult for all types of businesses . I have a proven track record on starting and growing small businesses with strategic exits. I am very well connected and have numerous resources to pull from. Involvement can be all the above but at this point in my life , I would rather be silent with some advisory. I am an individual investor looking to invest into a business that is at that need for growth but I am not opposed to the right start up with the right ROI. I currently have a good share of funds invested or loaned at this time but do have a small amount for the right business and I will have a good amount of funds maturing towards the end of 2018. I am also interested in loaning funds to a legal medical marihuana business. A grower/caregiver or dispensary .

$50,000 to $500,000

United States > Michigan

I am 52, married (24 years), 2 sons 22/17 yo, live in Southeast MI area. Director of Business Development for a regulatory compliance consulting company for the pharmaceutical medical device and biologics industry. 25+ years of successful business ownership operations sales marketing and business development. 2 advanced degrees in life sciences. Can be hands on or silent partner/investor depending on situation. Individual investor with others interested. Specifically interested in the medical marijuana industries i.e. grows, processors, dispensaries must have current license with a municipality and have application in process for State of Michigan. Must be working with an attorney with MMJ experience. Must have a location secured. Documented MMJ experience required i.e. caregiver, dispensary owner or other MMJ experience.

$25,000 to $200,000

United States > Michigan

I am 52, married and live in Oxford, Mi. I am a business consultant and invest in small startup company’s. I am currently involved in an environmental service-based startup (hands-on & advisory role) based in Holland, Mi which will service the surrounding county’s. I can offer business advice, business set up and business financial needs. My experience and expertise is in service type related businesses. I recently sold my mobile maintenance company to a National Maintenance Provider. The company provides mobile maintenance and inspection services to the transportation industry. I started the company and grew it to nearly 50 service trucks and serviced multiple states. I am an Individual investor and available for a hands-on, advisory role. I am motivated, high-energy, easy to work with and eager to invest and assist in service-based startups.

$5,000 to $300,000

United States > Michigan

I am the founder and Chairman of a venture group. I am a former professional hockey player, venture capitalist and renowned entrepreneur. An early entrant to the cleantech market, our efforts have garnered global recognition his companies awards include Time Magazine's "Best Inventions 2005," and was awarded the Wall Street Journal's "Technology Innovator" and the World Economic Forum's "Technology Pioneer" awards that same year. In early 2007, he was named a "Young Global Leader" by the Forum. Repeated successes has been acknowledged by the global business community. His insight has been sought by such publications as the New York Times, Time Magazine, Inc., Red Herring and the Wall Street Journal. In addition, he is a regular attendee of the World Economic Forum. He holds a bachelor's degree in computer science from Brandon University, in Brandon, Manitoba.

$50,000 to $10,000,000

United States > Michigan

Shalom, I have designed various Energy Saving homes in my career. I am looking to purchase new Real-Estate across the US and fix them up to the updated Green Standards I have been doing for the last 15 years. Not only am I looking for Real-Estate deals, but I am also interested in helping a fellow comrade start their business. Open to loans as long as I receive a high return. Mostly looking for short term deals simply because I am retired! I will be messaging users if I feel I am wanting to get involved.

$500,000 to $1,000,000

United States > Michigan

Our firm has successfull invested in small to medium cap manufacturing firms since 1982 and an International Trading Company for 15 years. We now operate two Private Equity Funds with $500 AUM. We also have a new Fund with US OPIC backing supporting investment in Sub- Sahara Africa and are interested in products or services applicable to that region that is economically sustanable and provides social improvements to the local population.

$2,500,000 to $250,000,000

United States > Michigan

Looking for high yield investment opportunities.

$1,000 to $200,000

United States > Michigan

Salutations, I am a Detroit native, father, 37 individual investor who is also a part of an investment group. My experience involves consulting, investment in the markets (stock, option, commodities, and currencies). Educational background involves an eclectic mixture of media and entrepreneurship B.F.A. via Iowa State University with various modular training in Import/Export trading, global/macro economics, business consulting, quantitative analysis of the stock market, and community/urban development/planning analysis. 80:20 ratio of silent to hands-on/advisory.

$500 to $15,000