Resources you need.
Helpful Documents, Guides, and Links
We’ve created this document to guide you in developing your pitch. It is a great starting point for creating your presentation.
This guide has been developed by the Minnesota Department of Trade and Economic Development. It is a comprehensive guide covering a multitude of topics, everything from choosing a legal entity to intellectual property, business planning, financing, employee issues, and business taxes.
The experts at the Northwest Small Business Development Center (NWSBDC) are available to support you in starting, building, and growing your business. Their services are available free of charge.
SCORE, the nation’s largest network of volunteer, expert business mentors, is dedicated to helping small businesses get off the ground, grow and achieve their goals. Since 1964, they have provided education and mentorship to more than 11 million entrepreneurs.
The Center for Rural Entrepreneurial Studies at University of Minnesota Crookston assists entrepreneurs and small businesses in northwest Minnesota. Services are based on the client’s needs which include, but are not limited to, marketing plans, business plans, website analysis, internet marketing strategies, human resource management, feasibility analysis, growth strategies, product and service development, supply chain analysis, and market extensions. Services are delivered by UMC business students and faculty members.
Every member of the Network must first be a member of TRF Jobs, Incorporated and pay the associated fee for membership.
Every member of Two Rivers Angel Network must agree to abide by the provisions of our Code of Conduct.
Every member of Two Rivers Angel Network must sign this Memorandum of Understanding.
The Angel Capital Association offers a wealth of free resources and information for new angel investors, including information on portfolio strategies, due diligence, and term sheets.
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.
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