New Pool of Funds for Pfizer Assets

MSF Approves $8mm Fund The Michigan Strategic Fund met Wednesday and approved proposals from three economic development organizations, including Ann Arbor SPARK, to create a fund to be invested in companies, including start-ups, that will keep Pfizer employees in the state.  Ann Arbor, Kalamazoo and Holland will meet next week to work out the details regarding the eligibility and distribution of the funds $8 million.  The primary purpose of the... [Read More...]

Next Round for 21st Century Jobs Fund ‘On Hold’

February SEIC Board Meeting cancelled The Michigan Strategic Fund Board meets next Wednesday.  Although the minutes of their January meeting are not on-line yet it is common knowledge that they did not approve the SEICs request to start a new round of funding for Michigan start-ups.  The MSF wants to use the $34 million for other programs.  Some of those dollars may be for programs that will help Ann Arbor respond to the opportunities and challenges... [Read More...]