What We Fund
Two Rivers Angel Network makes investments into promising businesses that will be profitable and which will meet a local market need or solve a problem. The Network is actively seeking local projects to invest in.
Businesses that make a strong case for market need, business profitability, and ability to provide a return on investment to investors have the greatest chance of getting funded.
- Meet with Advance Thief River Director, Michelle Landsverk, to get feedback on your project and asess fit for Two Rivers Angel Network.
- After initial meeting to determine fit, submit your application, using the form on this page.
- After reviewing your application, we will let you know if more information is needed or if it is complete. If complete, and it fits our eligibility requirements, you will be invited to make a presentation to the Network.
- Following your presentation, we will assess our level of interest in financing your project and negotiate financing terms with you and your team.
Please fill out and submit the application form below.
Frequently Asked Questions
What type of industries does the network invest in?
Two Rivers Angel Network does not limit its interest to any one industry sector and will consider investing in manufacturing, technology, retail, service, or other types of businesses.
What is the geographic area?
The network invests in deals within the Thief River Falls trade area. We let individual businesses define their location as it makes sense within their business model.
How will deals be structured?
Within the local entrepreneur ecosystem, the majority of entrepreneurs start “lifestyle businesses,” i.e., businesses that they plan to own and operate for a lifetime. Giving up a portion of ownership or equity, is not desirable for many local entrepreneurs, but there are many other options that can be brought into the equation. To accommodate the local culture, deals will be structured to create a reasonable return for the investors, while also accommodating the needs of local entrepreneurs. Deals may be structured as debt, convertible debt, or equity, with specifics determined on a project-by-project basis.
How often does the Network meet?
The Network has regular meetings every other month on the first Wednesday of the month. At these meetings, entrepreneurs seeking financing are given the opportunity to make a pitch to the members. Members have the opportunity to ask questions and provide feedback. Following the presentation, members will discuss the deal and a follow-up meeting to discuss specifics will be scheduled for any investors interested in a specific deal.
Request a Pre-application Meeting
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