Investing in this place we call home.
Our Investors
We are a diverse network of seasoned business owners, successful entrepreneurs, and community leaders, with an interest in investing in Thief River Falls Area business ventures. We share our knowledge and networks to make stronger investment decisions and help companies grow.
Two Rivers Angel Network is actively seeking investments in the local area.
We welcome accredited angel investors to join our growing network and participate in building the local entrepreneurial ecosystem.
Our Goals
- To provide a platform for investors and entrepreneurs to come together
- To help investors find deals that will create a return on investment
- To help entrepreneurs find the resources they need to be successful
- To enhance and diversify the local economy
- To strengthen the local culture of entrepreneurship
Benefits of Joining
- Network of diverse industry and business expertise
- Opportunity to learn about, and invest in, local area deals
- Opportunity to “pay it forward” as you help emerging entrepreneurs step into the local market
- A culture of collaboration and peer learning
- Facilitated investment process
- Investor education
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 create a win for the investor and for the entrepreneur. 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 do you 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.
What is the financial commitment for investors?
This is a network, not an angel investment group where investors pool their funds. The only financial commitment is to pay the annual membership dues of TRF Jobs, Incorporated and a small annual fee to cover the cost of meeting expenses.
How are investment decisions made?
Investment decisions are made on an individual basis and individual members are solely responsible for their own decisions, as well as the amount of their investment. Any given deal may have only one investor, or two or more members may decide to jointly invest.
Join Us!
SPONSORED BY:
IHLE, SPARBY & HAASE PA
(c) 2020 Advance Thief River