$2 Million Michigan Angel Fund Begins Investing in Early Stage Companies

The Michigan Angel Fund (MAF), a professionally managed equity fund focused on capital efficient early stage companies located in Michigan, recently closed the fund to new investors. MAF is a $2 million fund that, with more than 70 members, is the largest angel organization in Michigan. MAF has already made its first investment, in East Lansing-based BioPhotonics Solutions, a Michigan State University spin-out venture, producing technology that automates... [Read More...]

Four More Michigan Companies Receive Support from Michigan Pre-Seed Capital Fund

Four more Michigan companies recently received investments from the Michigan Pre-Seed Capital Fund.  To date, 38 Michigan companies have received seed funding from the Michigan Pre-Seed Capital Fund, a collaborative effort of Michigan’s SmartZones.  Combined, Mandy & Pandy, Algal Scientific, Axenic Dental, and RealBio Technology received $924,000 from the Michigan Pre-Seed Capital Fund. read more…  Read More →

Michigan Capital Available

Next Tuesday we are updating everyone on all the state funded programs that can put cash in the bank account of start-ups and early stage companies.  Andy McColm at U of M Office of Tech Transfer, Ned Staebler from the MEDC and Iwill explain the ins and outs of the many programs available.  We will explain the qualifications for eligibility and processes to apply. The program will be streamed on the web live for those who cannot attend.  Go to http://www.annarborusa.org/start-ups/pre-seed-fund/live/... [Read More...]

Michigan Pre-Seed Capital Fund Presentation

Over 100 people, representing early stage start-up companies, attended the SPARK sponsored presentation on available capital for early stage companies.  The program was intended to offer entrepreneurs and their advisors the opportunity to hear about several ‘pre-seed’ type funding sources available to them. Making presentations were Tom Anderson with Automation Alley, Jim Croce from Next Energy, Gregg Hammerman representing the Frankel... [Read More...]