Primarily for minority owned or minority led companies
Must have the potential for high growth; need NOT be technology
Should be located within 4 to 5 hours commuting time from Philadelphia ( Pittsburgh, Washington, DC, Northern Virginia, New York, New Jersey, Delaware etc)
If seeking additional funding from Ben Franklin Technology Partners of Southeastern Pennsylvania (BFTP/SEP), must be located in the 5 counties in Southeastern Pennsylvania
Process:
All companies must apply electronically using the link provided below
You must initially submit your executive summary using the application form
Our members/selection committee will review your application
Once selected, you will be called to present at one of our monthly meetings
You are requested to present for 10 minutes and engage in Q&A for 15 minutes. Presentation guidelines are provided.
You are required to submit your presentation and a detailed business plan, along with detailed financials before your presentation
You will be provided detailed feedback on your presentation as well as the group's level of interest.
Should there be interest you will be contacted for additional information, and a detailed due diligence review will follow
Should any member(s) decide to invest, a term sheet will be provided.
Funded Companies:
In the past 8 months, we have reviewed more than 30 companies and invited 10 for presentations. Stay tuned for more news on Minority Angel Investor Network's investments.