MIDLAND ? The BlueWater Angels investment group, in conjunction with Michigan Entrepreneurship Week, as designated by Governor Granholm, is sending out a call for applications from Michigan entrepreneurs and start-up companies interested in financial support. The deadline is March 7.
The BlueWater Angels investment group has more than $1 million in capital available to invest in promising companies on an annual basis and will be considering applicants at the next meeting. If you are an entrepreneur or a start-up company in Michigan looking for sophisticated, accredited investors, you are invited to apply.
Brent Case, executive director of the MidMichigan Innovation Center, coordinates interaction between investors and applicant companies.
?MMIC will work with BlueWater Angels members to screen the applicants and select the two best to present at the end of March,? Case said. ?BlueWater Angels is a member-driven organization and they are ultimately responsible to determine who gets in front of the full membership.?
From those who submit applications, a screening committee selects two opportunities for further consideration. The two selected applicants are invited to provide full presentations before the BlueWater Angel members. Following the presentations and questions and answer sessions, investors are given time to ask questions and discuss the opportunities amongst themselves before any decisions are made to invest.
The application asks for an overview on the company, the product(s), the market and other relevant data. Applicants may also attach other documents such as business or marketing plans, for review. The simple online application is available on the MidMichigan Innovation Center Web under the BlueWater Angels? section.
To apply, click on MMIC.Us
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