INM Angel Fund 2020
Attention investors: in order to address the needs of new mexico small businesses that have been affected by the CORONAVIRUS Pandemic, and are in danger of closing for good. this fund will invest in those companies - our plan is to "reboot and grow". This is a longer term investment, five to seven years, then our OZ SIDECAR investment.
INM Angel Fund 2020 invests alongside INM OZFUND 2020, LLC a Qualified Opportunity Zone Fund set up to invest in and grow New Mexico businesses operating in one of the 63 Opportunity Zones in New Mexico. The fund has been created for those companies who are not ready for OZ Funding but show potential for funding. We focus on early-stage startups needing help to gain initial traction on developing their product or technology and land initial customers. Seed rounds typically range from $50,0000 to $500,000. The principal investment will be paid back from Opportunity Zone Funds with equity participation in the company of 10 to 15 percent and a five-year exit agreement.
INM OZFUND 2020, LLC has been set up to “Incubate and Fund” businesses owned by New Mexicans, that:
A Qualified Opportunity Zone Fund is an investment vehicle, certified by the U.S. Treasury Department, organized for the purpose of investing in a qualified Opportunity Zone Property or Business. An Opportunity Zone is a geographic area designation created by the Tax Cuts and Jobs Act of 2017 allowing for certain investments in lower income areas to have tax benefits. A Qualified Opportunity Zone Fund must invest at least 90 percent of monies in Qualified Opportunity Zone Properties or Businesses which are all located within an Opportunity Zone.
INM OZFUND 2020, LLC will provide tax incentives to its investors while raising the standard of living for the residents within the Opportunity Zones by generating economic growth. Depending upon the length of time that an investor remains invest in INM OZFUND 2020, the Investor may receive benefits as follows:
Unlike investment in INM OZFUND 2020, LLC, Investors in the Fund are not limited to investing capital gains, so investment in the Fund is open to anyone. In addition, unlike investment in INM OZFUND 2020, LLC, Investors will not receive any tax OZ incentives (other tax incentives may be available, consult your tax advisor), so Investors are not required to remain invested in the Fund for any length of time.
The Fund will accept investments from non-accredited investors; however, the Fund is limited to participation by no more than 35 investors with this status.
Please use the Contact form for an interview.
INM OZFUND 2020, LLC has been set up to “Incubate and Fund” businesses owned by New Mexicans, that:
- Protect investor’s principle and offer a reasonable rate of return,
- Create good paying jobs,
- Support small and local businesses, and
- Provide a path for New Mexico college graduates to find careers in the state.
A Qualified Opportunity Zone Fund is an investment vehicle, certified by the U.S. Treasury Department, organized for the purpose of investing in a qualified Opportunity Zone Property or Business. An Opportunity Zone is a geographic area designation created by the Tax Cuts and Jobs Act of 2017 allowing for certain investments in lower income areas to have tax benefits. A Qualified Opportunity Zone Fund must invest at least 90 percent of monies in Qualified Opportunity Zone Properties or Businesses which are all located within an Opportunity Zone.
INM OZFUND 2020, LLC will provide tax incentives to its investors while raising the standard of living for the residents within the Opportunity Zones by generating economic growth. Depending upon the length of time that an investor remains invest in INM OZFUND 2020, the Investor may receive benefits as follows:
- A deferral until taxes must be paid on capital gains
- A reduction in the amount of capital gains taxes
- A waiver of taxes on any gain made upon the investment into a Fund
Unlike investment in INM OZFUND 2020, LLC, Investors in the Fund are not limited to investing capital gains, so investment in the Fund is open to anyone. In addition, unlike investment in INM OZFUND 2020, LLC, Investors will not receive any tax OZ incentives (other tax incentives may be available, consult your tax advisor), so Investors are not required to remain invested in the Fund for any length of time.
The Fund will accept investments from non-accredited investors; however, the Fund is limited to participation by no more than 35 investors with this status.
Please use the Contact form for an interview.