Michigan Pre-Seed Capital Fund Invests $600,000 in Three Start-Ups

FOR IMMEDIATE RELEASE – ANN ARBOR, MICH. – JULY 9, 2012 – Three Michigan companies recently received investments from the Michigan Pre-Seed Capital Fund, totaling $600,000.  To date, the Michigan Pre-Seed Capital Fund, a collaborative effort of Michigan’s SmartZones to support start-ups’ product commercialization, has awarded 75 Michigan companies with seed funding totaling more than $16.5 million. The three companies recently awarded Michigan …

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Michigan Pre-Seed Capital Fund Invests $2 million in Nine Start-Ups

Nine Michigan companies recently received investments from the Michigan Pre-Seed Capital Fund, totaling more than $2 million. To date, the Michigan Pre-Seed Capital Fund, a collaborative effort of Michigan’s SmartZones, has awarded 72 Michigan companies with seed funding totaling more than $16 million. “The Michigan Pre-Seed Capital Fund is helping businesses across the state bring …

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Twelve Companies Receive Michigan Microloan Fund Program Award

Twelve Michigan companies have received a combined total of more than $444,000 through the Michigan Microloan Fund Program, bringing the total amount loaned through the Fund to more than $2.4 million.  The companies received the funding to support commercialization of their core products. “The companies that received Michigan Microloan Fund Program awards represent the wide range of …

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Nine Companies Receive Michigan Microloan Fund Program Support

Nine Michigan companies have received a combined total of more than $478,000 through the Michigan Microloan Fund Program, bringing the total amount invested through the Fund to more than $2 million.  The companies received the funding to support commercialization of their core products. “Microloan funding, by design, is that bit of extra support that a company needs …

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Michigan Pre-Seed Capital Fund Invests $585,000 in Three Start-Ups

Three Michigan companies recently received investments from the Michigan Pre-Seed Capital Fund, totaling $585,000.  To date, the Michigan Pre-Seed Capital Fund, a collaborative effort of Michigan’s SmartZones, has awarded 63 Michigan companies with seed funding totaling more than $14 million. The Michigan Pre-Seed Capital Fund companies have attracted more than $18 million in matching grant …

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Former Pre-Seed Funding Company Receives Venture Capitol Investment

Tangent Medical Technologies, a recipient of Pre-Seed Capital Funding in 2010 through Ann Arbor SPARK, has recently secured 4.5 million in venture capital to bring their product to market. This funding will accelerate the commercialization of Tangent’s medical device, the NovaCath™, which is designed to replace the intravenous drug systems that are currently used in …

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Michigan Pre-Seed Capital Fund Invests $2.5 Million in 2010

Several Michigan companies recently received investments from the Michigan Pre-Seed Capital Fund, pushing the total investments made through the Fund to over $11.6 million.  To date, 52 Michigan companies have received seed funding from the Michigan Pre-Seed Capital Fund, a collaborative effort of Michigan’s SmartZones. “Companies that received support from the Michigan Pre-Seed Capital Fund …

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California’s Innovation Model… Michigan?

A great article in the San Fransisco Business Times talks about how California can get its “innovation game back,” it should follow Michigan’s example. Noted venture capitalist Tom Baruch offers insight on where we’re  getting it right and what other states can learn from Michigan. The article notes Michigan’s robust entrepreneurial eco-system as having an …

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Three Companies Receive Combined $110,000 From Michigan Microloan Fund Program

Three Michigan companies recently received a combined total of $110,000 through the Michigan Microloan Fund Program, bringing the total amount invested through the Fund to over $1.69 million. GreenSand Corporation, iQ-Telematics and MyBandStock Corporation received the funding to support commercialization of their core products. Since the Michigan Microloan Fund Program was established in July 2009, …

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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.

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Three Ann Arbor Companies Receive Support From Michigan Pre-Seed Capital Fund

Three more Michigan start-up companies have received investments from the Michigan Pre-Seed Capital Fund.  To date, 34 Michigan companies have received critical seed funding through the Michigan Pre-Seed Capital Fund, a collaborative effort of Michigan’s 15 SmartZones. •    White Pine Systems, sponsored by Ann Arbor SPARK, received $225,000.  White Pine Systems is an internet-based medical …

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Michigan Pre-Seed Capital Fund Re-Funded

The SEIC Board yesterday (3/25/09) approved the proposal from Ann Arbor SPARK for the new $6.8 million pre-seed fund.  The new money comes from the unused dollars in the 2006 21st Century Jobs Fund competition.  These funds will be added to the current pre-seed fund which was nearly dry.  30 investments were made from the original funding in …

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MI Pre-Seed Capital Fund Q1 Investments

3 new investments made by PSF The Michigan Pre-Seed Capital Fund has made three more investments bringing the total number of investments to 22.  The three lastest investments were companies in Lansing, Kalamazoo and Ann Arbor. Two were life science companies and the third in homeland security and defense sector. Read the full press release …

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Looking for Angel Money?

Five Things I Learned at the Angel Capital Association Midwest Conference Richard Bruder of Enterprise Law Partners recently attended the Angel Capital Assoc. Midwest conference and came back with some interesting observations.  You can read his newsletter containing the five most important take-aways at http://www.elp-law.com/newsletters.php If you are trying to raise money from angels Richard …

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