Minnesota Angel Investor Network

The Minnesota Angel Investor Network (MNAIN) is a new group of angel investors focused on delivering great financial returns to its accredited members, teaching future investors the ropes, and helping early-stage companies get the funding they need. MNAIN brings together active investors from Minnesota who want to back early-stage and local businesses in the upper Midwest. We see real opportunities to help these up-and-coming entrepreneurs grow through a solid, well-run angel investment process. Our goal is to add value to these businesses and help them progress on the road to success, while giving our angel investors a chance at profitable returns. 

 

Our members review opportunities in their specific areas of interest and nominate them to present at our quarterly meetings, where all members can watch pitches from companies looking for funding. MNAIN members are looking to invest in early-stage, fast-growth companies and local businesses seeking anywhere from $50,000 to $5,000,000. Our typical group investment runs between $100K and $250K, with individual investors putting in at least $10K when they're interested in a particular company. 

 

We prioritize companies with highly scalable business models, but want to support local ventures as well. We're especially interested in manufacturing, food, agriculture, medtech, and software sectors, and we love companies in any sector that are based in (or thinking about moving to) Minnesota. Our members decide which sectors we focus on. 

 

Each member makes their own investment decisions. When there's an opportunity that interests multiple investors, they can work together on due diligence and negotiations. 

 

MNAIN also partners with other angel groups, venture capital firms, entrepreneurial accelerators, and similar organizations to share deal flow, provide member training, and co-invest together. 

 

We welcome non-accredited professionals and entrepreneurs who want to learn about angel investing and are willing to help out with things like due diligence. They can join as associate members at a lower membership rate. We're hoping these associate members will eventually become accredited investors and join us as full members and active angels. 

 

MNAIN is a program of the Owatonna Area Business Development Center, a 501(c)(3) non-profit.