Unlocked Ventures LLC — Lansing, Michigan
Investment from Michigan residents.
Businesses built in Michigan.
Unlocked Ventures launches and operates social enterprises staffed by individuals with conviction histories. Each enterprise is intentionally selected and built so that the workplace is designed around the individuals within it — ensuring every person knows they belong, that they matter, and that they are always treated with dignity.
Every social enterprise is designed with intention — a physical space and workplace culture where dignity is non-negotiable, belonging is real, and every individual knows they matter.
A workplace designed around belonging and dignity creates the conditions where forward movement becomes possible for everyone within it.
A self sustaining business that earns its place in the community through the quality of what it produces.
Unlocked Ventures operates under the Michigan Invests Locally Exemption, a framework that allows Michigan residents to invest in Michigan businesses. Every social enterprise launched by the fund is built around the individuals working within it. Each enterprise is intentionally selected so that the work itself creates the conditions where individuals can develop in an environment designed to support that development from the ground up. As multiple social enterprises are launched and reach profitability, each contributes to the annual distribution pool, which means the fund grows stronger as its portfolio of enterprises grows. Profits generated by these enterprises are returned to the investors who funded them.
Units are offered at $250 each to Michigan residents only, under the Michigan Invests Locally Exemption, MCL 451.2202a. A single investor may participate up to a maximum of $10,000 unless that investor qualifies as an accredited investor as defined by Rule 501 of SEC Regulation D, 17 CFR 230.501.
The maximum return per unit is $1,000 — four times the purchase price. If profits are generated, they are distributed yearly in equal amounts per unit on a calendar year basis. Distributions are not guaranteed and depend on the performance of the social enterprises within the fund. Once a unit reaches its $1,000 ceiling, it is retired from the distribution pool.
The disclosure statement filed with the Michigan Department of Licensing and Regulatory Affairs contains the complete terms of this offering, including a full description of the issuer, use of proceeds, and all material risks.
IN MAKING AN INVESTMENT DECISION, PURCHASERS MUST RELY ON THEIR OWN EXAMINATION OF THE ISSUER AND THE TERMS OF THE OFFERING, INCLUDING THE MERITS AND RISKS INVOLVED. THESE SECURITIES HAVE NOT BEEN RECOMMENDED BY ANY FEDERAL OR STATE SECURITIES COMMISSION OR REGULATORY AUTHORITY. FURTHERMORE, THE FOREGOING AUTHORITIES HAVE NOT CONFIRMED THE ACCURACY OR DETERMINED THE ADEQUACY OF THIS DOCUMENT. ANY REPRESENTATION TO THE CONTRARY IS A CRIMINAL OFFENSE. THESE SECURITIES ARE SUBJECT TO RESTRICTIONS ON TRANSFERABILITY AND RESALE AND MAY NOT BE TRANSFERRED OR RESOLD EXCEPT AS PERMITTED BY SUBSECTION (E) OF SEC RULE 147, 17 CFR 230.147(E), OR SUBSECTION (E) OF SEC RULE 147A, 17 CFR 230.147A(E), AS PROMULGATED UNDER THE SECURITIES ACT OF 1933, AS AMENDED, AND THE APPLICABLE STATE SECURITIES LAWS, PURSUANT TO REGISTRATION OR EXEMPTION THEREFROM. PURCHASERS SHOULD BE AWARE THAT THEY WILL BE REQUIRED TO BEAR THE FINANCIAL RISKS OF THIS INVESTMENT FOR AN INDEFINITE PERIOD OF TIME.
Unlocked Ventures is a Michigan fund, built for Michigan communities. Reach out directly with any questions about the work, the model, or the offering.