TRAVERSE CITY – Traverse Angels, an early stage, Angel Investment Network, will hold its first Seminar on Aug. 12. The program will include a business-plan presentation from three promising Northern Michigan start ups.

All three companies, based in Traverse City, are currently under consideration, for potential Angel funding. All three companies have been screened

from a large number of local and regional investment opportunities. All attendees must be formally invited to the event. This event will be closed to the general public and all non-invited guests

�??These three start-up companies fit our strict investment criteria

and at the same time provide the benefit of local job creation in Traverse City,�?� said Robert Ochtel, founder of Traverse Angels. �??This makes these

companies excellent investment opportunities, for consideration, by Traverse Angels.�?�

The Traverse Angels network is an invitation-only, select network of successful entrepreneurs, professionals as well as business and community leaders in the Traverse City, Michigan area, who are interested in providing investment capital, strategic advice and mentoring to start-up companies to help them achieve market leadership.

The mission of the Traverse Angels network is twofold: (1) To identify and help grow early-stage companies and the local economic base of the Traverse City, MI geographic region; and (2) To provide its members with exceptional �??quality�?� deal flow and an outstanding financial return on their time commitment and invested capital.

Ochtel said theTraverse Angels is unique, when compared to other Angel investor networks in Michigan, in that, Traverse Angels focuses on quality deal flow with both a local geographic footprint, in greater Traverse City, as well as an extended and targeted geographic footprint.

�??This cross-geographic structure provides the Traverse Angels�?? investors with unprecedented access �??best-in-class�?� investment opportunities and does not limit their investments to any one specific geographic area,

ensuring higher returns for the network�??s investors,�?� he said.

The network is targeting 35-50 members with a minimum commitment of $50K, and who view ROI and economic development as complementary motivations for participation in the network. If you are an individual interested in becoming a member of Traverse Angels, attending the Angel

Investment Seminar and Local Start-up Company Business Plan Presentation Event, and receiving a Traverse Angels Investor Package, for review, email email [email protected]

a>>