$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...]

MichBio Expo Brought the Who’s Who in Michigan Biotech

East Lansing, MI — MichBio, the association for Michigan’s biosciences industry, welcomed approximately 300 bioscience professionals and service providers to its eighth annual Expo & Conference held November 7-8 at the Kellogg Hotel & Conference Center in East Lansing, MI. The MichBio Expo is the largest annual gathering of Michigan bioscience industry professionals. The first day of the event kicked off with a bus tour of local bioscience... [Read More...]

Michigan Corporate Relations Network Announces RFP for Second Round of the Small Company Innovation Program

East Lansing, MI –The Michigan Corporate Relations Network (MCRN) is soliciting proposals for the second round of its Small Company Innovation Program (SCIP) awards. SCIP provides cost-sharing grants to small-to medium-sized companies for research projects at MCRN universities. The six universities that make up MCRN are Wayne State University, the University of Michigan, Michigan State University, Michigan Technological University, University of... [Read More...]

3 Michigan Companies Receive Michigan Microloan

Ann Arbor SPARK is excited to announce that Inventure Enterprises, LED Optical Solutions and RiserCam have all received funding that will support the commercialization of their core products.  Funding came from the Michigan Microloan Fund Program which has invested in total $1.1 million and collectively contributed $121,000 to these three new Michigan companies. Inventure Enterprises is based in East Lansing and is a global provider of management... [Read More...]

Michigan Municipal League article about SPARK

In the current issue of the Michigan Municipal League magazine and e-newsletter there is an article about SPARK and our ‘open source economic development’ model.  Check it out here.  This issue is mostly about entrepreneurism in the state.  It’s very encouraging.  We’re in good company with communities all around the state.  Included in the publication are articles about the new incubator in East Lansing and a new initiative... [Read More...]