How to Become A Member

Membership Requirements For Delaware Crossing Investor Group:

• Attending most membership meetings
• Sponsoring and screening potential companies
• Performing/leading due diligence
• Mentoring portfolio companies
• Serving on boards of directors/boards of advisors of portfolio companies
• Contributing to the annual management fee
• Fulfilling Executive Membership Application including qualified investor representations, code of ethics and confidentiality

Delaware Crossing Investor Group facilitates the introduction of entrepreneurs to potential investors through presentations and other mechanisms. Delaware Crossing consists of individual angel investors interested in financing privately held companies or ventures typically in an early stage of development.

Membership in Delaware Crossing is a privilege, which is subject to renewal, revocation, or termination for a member’s failure to conduct him or herself in a manner consistent with Delaware Crossing’s Charter. Any such non-renewal, revocation or termination does not release a member from obligations under the Agreement which by its terms or nature is to extend beyond revocation or termination of membership.

Qualifying individuals are invited to consider becoming members of Delaware Crossing. Membership is at the discretion of Delaware Crossing and is subject to annual renewal, non-renewal, revocation, or termination by Delaware Crossing.

New members must be sponsored by a current Delaware Crossing member.
All new members (and renewing members) must complete the then current version of the Membership Agreement and the Membership Survey. Agreements and Surveys may then be forwarded by email or mail to Delaware Crossing.

Delaware Crossing will review all applications for membership and endeavor to provide applicants with a written response within forty-five (45) days of completed application submission.

Delaware Crossing membership may be terminated or membership revoked at the discretion and determination of Delaware Crossing, should it be determined that a Delaware Crossing member has breached any term of Delaware Crossing membership. A member will be notified in writing by Delaware Crossing of the intent to terminate or revoke membership, and the on-notice member shall have thirty (30) days in which to submit a written response to Delaware Crossing, should the member deem his/her actions or inactions do not warrant or qualify for termination or revocation of membership.

Delaware Crossing shall consider, in good faith, such on-notice member written response within sixty (60) days. The decision of Delaware Crossing is final.

Delaware Crossing is not a venture fund, an investment bank, a broker-dealer, investment clearing-house, or an investment advisor, but rather a forum in which investors may be educated on aspects of investment and business, as well as introduced to companies for possible investment. Delaware Crossing is not registered with the Securities Exchange Commission or any state securities commission.

Each member of Delaware Crossing is responsible for his or her own investment decisions, and neither Delaware Crossing or any of its members, representatives or agents, nor Fox Rothschild LLP, its partners, employees, or agents, is recommending any particular company for investment. All investments in entrepreneurial companies involve a high degree of risk, and investors should be able to bear the risk of complete financial loss. The choice to use and manner of utilization of information and knowledge gained through Delaware Crossing is each member’s individual and personal choice.

No guidance shall be given, nor shall any person affiliated with Delaware Crossing (or Delaware Crossing itself) be responsible for an individual member’s use of the information, investment decision, or the results of any investment. Delaware Crossing as an entity does not conduct any investigation to verify the factual information submitted to potential investors by individual entrepreneurs.

Hence, Delaware Crossing makes no representations or warranties regarding these companies. Investors must conduct their own due diligence and negotiate the terms of any investment they elect to make.

Benefits of Membership | Investor Qualifications