HOW TO INVEST?
Since 2017 we raised $48k in seed funding through a historic GoFundMe campaign in which over 400 contributors donated to our cause. The community support and funding helped Neighborhood Grocery establish a credible position with property owners, financial institutions and key partners. In late 2019, Neighborhood Grocery reached a new milestone; securing a purchase agreement for a location.
For interested investors, please follow this step-by-step process:
Step 1 – Offering Memorandum
Also known as a Prospectus, the Offering Memorandum has been prepared in accordance with the Michigan MILE Act of 2014 and contains important information about our Company and investment offering. Please read all documents and filings prior to making an investment. Click here to read the Offering Memorandum.
Step 2 – Understand Investor Requirements
To invest in our Company you must meet certain requirements. The minimum investment is $50 for unaccredited investors, with a maximum investment of $10k. To be in compliance with the Michigan MILE Act, all investors must reside in Michigan. For investors looking to invest amounts exceeding $10k, you must complete an investor questionnaire. Once the questionnaire is received and verified, the company will send notice on how to move forward with the subscription agreement. Click here to fill out the questionnaire.
Questionnaires can also be mailed in to:
14345 Charlevoix, Detroit, Mi 48215
Step 3 – Subscription Agreement
This is a legal contract for the purchase of shares in our Company. It sets out the terms that both parties agree to and requests certain information from you such as your residential address, email address, date of birth, tax ID number and signature. Click here to complete the Subscription Agreement.
Step 4 – Payment
The last step in becoming a Shareholder is to pay for the shares that you are purchasing through your Subscription Agreement. You can pay by check, money order, or via digital invoice.
WAYS YOU CAN INVEST
Online
You can buy your shares directly from the company. NOTE: Leave your email address in the comment when investing via Cash App.
In Person/By Mail
Please send all checks/money orders to:
14345 Charlevoix
Detroit, Mi 48215