Michigan Investment Network

Entrepreneur FAQ

How do I submit a pitch?

The first step is to register as an entrepreneur. Then you'll be able to submit a pitch using our simple online form.

Why do I keep getting an error message when I try to login?

You must enter your email address and password with the same mix of upper and lower case letters you used when you registered. Often the problem is that a registered email address has an initial capital letter in it that is not being entered when you try to login. If you continue to have login problems use the Contact Us form to let us know.

Why is nothing happening when I try to login?

If you are submitting your login info and nothing appears to happen (i.e., you are not getting an error message) then the most likely reason is you are still logged in. If you leave the site without logging out, your login is remembered for 2 to 3 hours before it expires. When you return you can access your login area by clicking the "Entrepreneurs" link (or sublinks) in the top navigation bar (between the "Home" and "Investors" link). Where the "Entrepreneurs" link goes depends on whether you are logged in or not. TIP: You can mouse over the "Entrepreneurs" link to see what links are available and this will tell you whether you are still logged in or not.

What information should I include in my pitch?

There are tips in the pitch form about what to include in each section. Basic items that investors expect to see in a pitch are: a brief history of your business, what you need the funding for, why your company will succeeed, what relevent experience or expertise you or your team might have, what you are prepared to offer investors in return for funding.

I would like to contact a specific investor listed on your site?

It is up to the investor to decide if they want to connect with entrepreneurs based upon their pitch. It is part of our privacy policy with investors that we only provide their contact info to entrepreneurs when they express interest in the entrepreneur's proposal. We do not provide investor contact info otherwise.

Can I upload my business plan?

Yes, the Premium Service package allows you to upload additional documents for investors to view, including your business plan and/or whatever other documents you wish to share (e.g., pitchdeck, financials, executive summary, etc..)

How can I protect the confidentiality of my idea?

If you are worried about confidentiality we'd advise you to write enough to get investors interested in your project without revealing any sensitive information. Once you start discussions with an investor, you may want to ask them to sign a non-disclosure agreement (NDA) before you release more information.

Can pitches be edited after launch?

Yes, pitches can be edited at any time. Free Basic Service pitches will be reviewed after each edit to make sure no contact details have been included. You should try to refrain from making edits to a free proposal in the first few hours of it being released as there could be delays in reapproving and investors will not be able to find your proposal when they look for it. Edits to Referral and Premium Service pitches do not need to be re-approved.

What are the costs?

See the "Our Rates" page in the Entrepreneurs section of the site to find out more about what is included in our three packages. The Free Basic Service is $0, but has limitations in what you can include in your pitch and in your ability to follow up with investors who express interest. The Referral Service is $149 has no limitations on what you can include in your pitch and allows you to follow up with interested investors. The Premium Service fee is $249 and offers all the features of the Referral Service plus the ability to create an enhanced pitch and to have enhanced advertising on the site.

Do I have to pay for every contact?

No, your payment gives you access to the contact details of ALL the investors who show an interest in your pitch.

How can I pay?

We primarily use PayPal to process payments. You do not need an account with PayPal to make a payment as they offer the option to pay by credit card. Most people pay by credit card. If you have issues using PayPal contact us and we can make arrangements to use the Stripe payment service. NOTE: We do not off Paypal's eCheck option as the significant delays in clearing causes too much frustration for entrepreneurs.

Can I choose Referral Service first and then upgrade to the Premium Service later?

Yes, you can upgrade from the Referral Service to the Premium Service at any time and only have to pay the price difference.

Does my payment apply to all the proposals I submit?

No, your payment applies to the specific proposal that you pay the fee for. It is a per-proposal fee.

What happens at the end of the 180-day listing?

Before the end of your 180-day listing period you can opt to pay to resend or renew your pitch. Your pitch will then be renewed for another 180 days and will be resent to the investors. If no payment is made, you proposal will simply expire and be move to an "Archived Proposals" area of your login area.

Am I ever automatically billed to keep my proposal active on the site?

We never do automatic billing. Your proposal will simply expire after 180 days if you do not pay to have your proposal Resent or Renewed to keep it alive for another 180 days from the date of these payments.

Do I need to do my own due diligence?

We carry out a number of checks on each investor when they register, but you also need to do your own due diligence on any investor you deal with. Please check out the Security Notices page in your login area for things to look out for. Consult with legal council before paying any fee in advance of receiving funding (i.e., upfront fees). Contact us if you have any suspicions. To maintain accountability, you should only deal with registered investors or investors who have been specifically referred by a registered investor. Ask questions, get references.

How do I delete my account or proposal?

You can contact the site administrator using the Contact Us form to request deletion. You may also request that your proposal be set back to draft mode so that it can no longer be viewed by anyone but you can still view it and any interested investors who may have expressed interest in your proposal.

I have other questions. Who do I contact?

You can connect with us via our Contact Us form.

Michigan Investors

United States > Michigan

I have started and sold three businesses from nothing. All were auto related but it is business in general that I love . I consult for all types of businesses . I have a proven track record on starting and growing small businesses with strategic exits. I am very well connected and have numerous resources to pull from. Involvement can be all the above but at this point in my life , I would rather be silent with some advisory. I am an individual investor looking to invest into a business that is at that need for growth but I am not opposed to the right start up with the right ROI. I currently have a good share of funds invested or loaned at this time but do have a small amount for the right business and I will have a good amount of funds maturing towards the end of 2018. I am also interested in loaning funds to a legal medical marihuana business. A grower/caregiver or dispensary .

$50,000 to $500,000

United States > Michigan

I have owned a successful small business. Currently running a department of salespeople for a large tech company.

$5,000 to $100,000

United States > Michigan

36+ year IT professional nearing retirement, currently VP of Technology at a billion dollar construction management firm with ownership equity. Current investment experience is mainly Stocks, Mutual Funds, EFTs, and some Bonds, then of course all the various retirement accounts and company stock. Looking to retire at 60yo and will need mostly stability, but also looking to take some limited risks on higher risk/reward ventures if a solid opportunity presents itself.

$10,000 to $100,000

United States > Michigan

Offering more than twenty years’ of leadership and business development experience, my expertise lies in creating start-up companies and consistently steering them to achieve year-on-year growth. Success in this regard has relied on an ability to define strategic vision and set the organizational tone, prioritizing a culture of excellence. Underpinning my skills as a strategist is exhaustive experience of “getting the show on the road”: creating structures, managing all aspects of organizational activity and enhancing efficiency and effectiveness. My consultancy firm and its subsidiaries specialized in robotics simulation, process development, integration services, and staffing solutions, and I currently hold six patents relating to the calibration of offline programs with industrial robots.

$5,000 to $100,000

United States > Michigan

25 year old single guy in Rochester, MI. I work as an engineering specialist at Eaton and will be an MBA grad from Indiana University in the next few years. I already have a Bachelors and Masters degrees in Aerospace Engineering. I've been investing in out-of-country real estate and in-country stock market for the most part. I've got a good network of techies that can help digitalize any industry. I've also got a few close friends who would be interested in a joint investment with me, given that the idea is solid.

$0 to $25,000

United States > Michigan

I am 52, married and live in Oxford, Mi. I am a business consultant and invest in small startup company’s. I am currently involved in an environmental service-based startup (hands-on & advisory role) based in Holland, Mi which will service the surrounding county’s. I can offer business advice, business set up and business financial needs. My experience and expertise is in service type related businesses. I recently sold my mobile maintenance company to a National Maintenance Provider. The company provides mobile maintenance and inspection services to the transportation industry. I started the company and grew it to nearly 50 service trucks and serviced multiple states. I am an Individual investor and available for a hands-on, advisory role. I am motivated, high-energy, easy to work with and eager to invest and assist in service-based startups.

$5,000 to $300,000

United States > Michigan

I’m a retired Marine Corps officer currently in the airline industry looking to develop an investment portfolio as a silent partner and perhaps as an advisor.

$1 to $100,000

United States > Michigan

Healthcare executive in Grand Rapids. Partner in multiple different companies. Looking to expand my investment portfolio. Most interested in a silent or advisory role.

$0 to $100,000