GREAT LAKES ANGELS FUND

ANGELS VENTURE FUND

Pre-Seed Capital

Great Lakes Angels Fund is an early-stage, equity-based investment fund that was created to seed and grow early-stage tech-based companies. The fund will make a capital investment of up to $250k per deal for qualified startups. City Side Ventures will provide support with resources such as a full-stack development team, seasoned go-to-market management advisors, Board of Directors, business coaching and mentoring, and startup capital to the selected portfolio company.

$10M

IN ACCESS CAPITAL

$500K

MAXIMUM PER DEAL

10

MILLION FUND

10

INDUSTRY SECTORS

212

STARTUP DEAL FLOW

32

DUE-DILIGENCE OPEN

8

DUE-DILIGENCE COMPLETE

BEFORE APPLYING, PLEASE READ THE FOLLOWING:

FUNDING REQUIREMENTS

Companies that are considering applying must be qualified based on the following:
  • The company must be a tech-based company
  • Provide a fully developed business plan
  • Must be a for-profit entity
  • Must have a developed or a final stage of Proof of Concept (POC)

MINIMUM QUALIFICATIONS

Companies that will qualify for the fund will agree to the following conditions:
  • Must operate and/or have a physical presence in the State of Michigan
  • Business is registered in the U.S.
  • Must be a pre-seed and/or seed stage company
  • At least one full-time team member and growing management team
  • Pass our due-diligence process

APPLICATION PROCESS

City Side provides solutions to find and manage investments for investors and corporate ventures using today’s technology. With the development of our online Venture Management System (VMS), we have automated the process of investments from start to finish.
  • Application Submitted online!
    • 00 – 14 DAYS – Application Review
    • 14 – 25 DAYS – Initial Selection
    • 25 – 35 DAYS – Due Diligence
    • 35 – 45 DAYS – Final Decision
    • 45 – 60 DAYS – Deal Closure

LEGAL DISCLAIMER

I understand that Birmingham Angels and City Side Ventures LLC (“CSV”) offers investment advisory and venture management services to qualified venture capital fund, private equity funds and family offices funds ONLY under contract. CSV is operating under the exemption of Section 203(I) of the Investment Advisers Act of 1940 (the “Advisors Act”) pursuant to the final rules promulgated by the SEC1. Birmingham Angels LLC (“BA”) is a Private firm that is in the business of offering a variety of services which includes, but is not limited to, Early Stage Investment, Venture Management and Syndication Management

BA IS NOT A REGISTERED “INVESTMENT ADVISOR” UNDER STATE AND FEDERAL REGULATION. CSV IS NOT IN THE BUSINESS OF OFFERING INVESTMENT ADVICE TO THE PUBLIC, INDIVIDUAL INVESTORS NOR IN THE BUSINESS OF OFFERING, ENGAGED IN ANY ACTIVITIES OF SELLING OR TRADING SECURITIES OF ANY KIND TO THE PUBLIC.

I, the undersigned certify that I am an Accredited Investor and desire Membership in Birmingham Angels as described above. I understand that any decision I make regarding my investment is my decision alone. Birmingham Angels will provide its members with screening, qualifying, and Due-Diligence services. furthermore, I will not hold Birmingham Angels responsible in any way for the outcome of my Investments.

THE FUND PURPOSE 

Great Lakes Angels Fund is a uniqe venture fund that its intent and design to facilitate the syndication of tech based early stage investments.
Through the use of our unique platform, and other resources, the GLAF will have the ability to integrate and connect experienced investors throughout the region. This will  provide stronger, better-prepared investment opportunities leading to greater syndication of capital being deployed throughout the state of Michigan. 

THE FUND STRUCTURE 

Great Lakes Angels Fund – GLAF is a Michigan based early stage venture fund that provides its investors with highly qualified deals and complete backroom and startup support that is managed by CitySide Ventures, a full service venture group

Invest in the fund, today!