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An early-stage investment fund the Michigan State University Research Foundation administers received another $5 million in state capital that will go to support high-tech startup companies. The funding that the Michigan Strategic Fund board approved this morning adds to past allocations…
The program aims to build "a more robust innovation pipeline in our state," MEDC CEO Quentin Messer Jr. said in a media briefing prior to today's Michigan Strategic Fund board meeting.
The state is ready to deploy up to $72 million in the first round of federal funding for small businesses.The State Small Business Credit Initiative 2.0 funding is available to support loans to small businesses through the Michigan Economic Development Corp.'s Access to Capital programs as well as…
A new report names Detroit as the world's No. 1 "emerging ecosystem" for technology startups, beating out global powerhouses including Hong Kong and Brussels. The 2022 Global Startup Ecosystem Report, released this week by San Francisco-based Startup Genome, a policy advisory and research…
Michigan Rise Pre-Seed Fund III, a subsidiary of the MSU Foundation in East Lansing, has made its 50th startup investment.