BELLE Michigan’s objective is to achieve a top quartile rate of return. Post investment, we roll up our sleeves to help our portfolio companies prepare for high value exits by working closely with founders and senior management to achieve rapid growth and profitability.
Our fund focuses on early stage businesses in the mobile/internet/IT, life sciences/medical device, technology-enabled services, advanced manufacturing and CleanTech market sectors. We look for companies with a proven concept capable of reaching $20 million or more within 3-5 years. Special consideration is given to companies requiring relatively small amounts of capital to achieve sustainability.
We prefer to lead or co-lead early stage preferred rounds. We typically invest between $100 to $150K in tranches tied to achievement of milestones and reserve up to 25% of committed capital for follow-on investments - We frequently syndicate with other funds to help our portfolio companies raise necessary capital.. Our fund structure streamlines our decision-making process and helps companies get access to their capital quickly.