About the Wolverine Angel Network
The Wolverine Angel Network is a virtual organization to plug University of Michigan affiliated angel investors into business opportunities that originate with a University of Michigan relationship. The goal of this network will is to increase and speed the success of U-M entrepreneurs and U-M affiliated ventures by increasing the availability of early-stage capital and entrepreneurial expertise, at the same time offering a proprietary source of deal flow to U-M affiliated investors.
The network functions as a forum for deals to be introduced to potential investors. Angels invest as individuals and have the opportunity to assume a mentorship role if there is a mutual interest. The network also provides an opportunity for entrepreneurial students to be involved in supportive and administrative roles, to both the entrepreneurs and angels, giving them valuable exposure to the entrepreneurial process.
Deal Sources and Types:
Sources of deal flow generally include the University of Michigan’s Office of Technology Transfer, Alumni, Students, and other Local Ann Arbor Entrepreneur Networks.
The Wolverine Angel Network targets “Angel fundable deals” or deals that are high-potential, high-growth, technology or product focused, with global market potential and a sustainable competitive advantage. This usually excludes real estate and retail deals. The members expect an exit potential greater than $25 Million.
The University of Michigan has one of the strongest alumni networks in the world. With a robust group of experienced entrepreneurs and investors, the Wolverine Angel Network is powerful resource that can facilitate extremely valuable connections. The network is hosted and managed by the Office of Technology Transfer and the Zell Lurie Institute for Entrepreneurial Studies at the Ross School of Business.