Member News

MVCA Celebrates Angel Investor Community

As the Michigan Venture Capital Association (MVCA) reaches its 15-year anniversary, its members celebrate success as a catalyst for growth of the Michigan entrepreneurial and investment community.  To assure continued success, the MVCA board embarked on a year-long challenge to redefine MVCA’s strategy for the next five years.  From surveys, interviews and feedback sessions MVCA learned that its strategy needed to be sharpened and focus on providing more capital to Michigan’s most innovative entrepreneurs to transform breakthrough ideas into new companies and industries that drive Michigan’s job creation and economic growth.

Integral to MVCA’s effort to increase the availability of capital is Michigan’s angel community.

Michigan Angel Investors

As the statewide organization representing both individual angels and angel groups, MVCA will work to strengthen and expand the angel investor community and increase the availability of capital. The keys to success will be in:

  • Launching the Michigan Angel Education & Outreach Program
  • Passing pro-angel investor legislation

This year MVCA will launch the Michigan Angel Education & Outreach Program, which will expand programs and services currently offered by MVCA and specifically target them for the angel community.  MVCA plans to enhance programs and services to support Michigan’s angel community through events, research, education and marketing.

As part of that program, MVCA will secure funding to put in place an event, or series of events, to bring the angel community together and highlight its strengths so Michigan attracts more in-state and out-state angel investors.

Groundwork for an advocacy plan to institute an angel investment program is ready to be implemented.  It is designed to attract qualified investors in Michigan-based startups using a 20% credit against their personal income tax liability as a marketing tool to attract more angel investors.

In the meantime, angel investors and networks can enjoy the many other tailored benefits of MVCA membership:

 Individual Angel Investor Membership

  • For $300 a year, an individual angel investor member receives:
    • Exclusive invitations to network at MVCA Events. MVCA hosts over 1000 people annual from across the entrepreneurial and investment landscape at its events.
    • Participation in legislative and media outreach as the voice of the angel community in Michigan working to bring more capital into the state to fund Michigan’s most innovative entrepreneurs.
    • Opportunity to serve on the MVCA board of directors and in committee leadership positions to drive initiatives for the angel, venture and entrepreneurial community.

Angel Network Organization/Group

  • For $500 a year, four individuals that lead an angel group receive:
    • Participation in MVCA Annual Research Report. Highly regarded by professionals across the country as the nation’s leading in-depth analysis of entrepreneurial and investment activity in Michigan, the MVCA Annual Research Report is distributed in both a print and digital format to over 2,500 investors, entrepreneurs, legislators, and media during MVCA events and outreach trips; digital distribution reaches 20,000 unique visitors.
    • Participation in the Michigan Entrepreneurial & Investment Landscape Guide. The Landscape Guide is Michigan’s only compilation of the angel organizations, venture firms, entrepreneurial support organizations, and service providers that are active in the Michigan entrepreneurial and investment community. The Landscape Guide is distributed in both a print and digital format to over 1,500 investors, entrepreneurs, legislators, and media during MVCA events and outreach trips; digital distribution reaches 20,000 unique visitors.
    • Exclusive invitations to network at MVCA Events. MVCA hosts over 1000 people annually from across the entrepreneurial and investment landscape at its events.
    • Participation in legislative and media outreach as the voice of the angel community in Michigan working to bring more capital into the state to fund Michigan’s most innovative entrepreneurs.
    • Promotion of your group’s news using MVCA’s popular social media platforms.
    • Opportunity to serve on the MVCA board of directors and in committee leadership positions to drive initiatives for the angel, venture and entrepreneurial community.
    • Logo placement on MichiganVCA.org, which attracts over 20,000 unique views annually and is the “go-to” site for information about the entrepreneurial and investment community in Michigan.

If you are interested in joining MVCA, please contact Molly Theis, MVCA Event & Program Manager at [email protected].

 


Posted March 8, 2017 in Angel Group News | MEMBER NEWS