Growing Businesses – Growing Michigan. The two go hand in hand and Grand Angels is committed to both. Through mentoring, strategic advice, expanding networks and connections to customers, management and venture capital, Grand Angels investments fuel the entrepreneurial economy of innovative companies throughout the West Michigan region.
Grand Angels was founded by former Grand Bank founder and CEO Charles C. Stoddard and serial entrepreneur, Craig T. Hall. They recruited community leaders willing to join them in the vision of making “investments with a difference.” In 2005, Jody D. Vanderwel was recruited to serve as president of the organization. Upon her retirement in 2016, Tim Parker became their second president.
Meagan Malm joined Grand Rapids-based Michigan Capital Network in December 2020 as a part-time analyst. Now a principal, Malm works on deal reviews, conducting due diligence on prospective investments, deal sourcing and managing portfolio companies.
A Grayling native, Malm graduated in 2018 from the University of Michigan’s Ross School of Business with a degree in business. She studied Swahili and lived in Tanzania from mid 2018 until the end of 2019 after graduating. In Tanzania, she worked on an independent research project studying the effect of micro-financing tools on small businesses.
Malm returned to the U.S. wanting to become involved in financial technology. After she saw a job posting, Malm applied for and secured a position at Michigan Capital Network, where she credits CEO Paul D’Amato for serving as a mentor and playing a “crucial role” in her success and professional development. Meagan assumed the role of Director for Grand Angels in October of 2023.
Grand Angels meets the second Wednesday of every month from 4:00 to 6:00pm in Grand Rapids to review deals for investment opportunities, attend educational workshops, and participate in networking sessions.
If you are interested in joining, we would be happy to invite you to one of our upcoming meetings. Please click below to fill out a member sign-up form.