Detroit Small Business Stabilization Fund

Coordinated by TechTown Detroit, the Detroit Small Business Stabilization Fund will provide direct financial assistance to small businesses to help them through this period of decreased sales and activity caused by the COVID-19 pandemic. To donate, click here.

New Requirements for Michigan-based Angel, Venture Capital and Private Fund Managers

The following information was provided by MVCA Service Provider, Warner Norcross + Judd, LLP relating to new rules for filing requirements in Michigan.  Effective as of January 3, 2020, most Michigan-based fund managers of angel funds, venture capital funds and certain other private funds must begin electronically submitting reports on Form ADV as an “exempt… read more

MVCA Board Member Profile: Evan Ufer, Plymouth Growth Partners

MVCA recently announced the 2020 Board of Directors and new to the Board is Evan Ufer, Partner at Plymouth Growth Partners. Evan focuses on sourcing and executing lead investments in technology-based businesses. Since joining in 2014, he has led five of Plymouth’s investments and has been involved in many other successful financings. Prior to Plymouth,… read more

Beringea leads $5M investment round in unified communications provider Atlas Space Operations

FARMINGTON HILLS, MICH., Feb. 11, 2020 — Beringea, a global private equity firm providing growth capital to high potential businesses, led a $5 million investment round in Traverse City, Mich.-based ATLAS Space Operations, Inc., a global provider of high-quality, mission-critical unified communications services. The capital will be used to further advance ATLAS’s engineering efforts in… read more

2019 Investment Recap – Birmingham Angels, Birmingham, MI

City Side Ventures is pleased to announce that the newly formed Birmingham Angels had their first group meeting in September 2019. The group, which is growing rapidly consists of successful business executives and high net worth individuals from Oakland County, has already established that they are “players” in the angel investing asset class in a… read more

Bank of Ann Arbor Expands into Livingston County with Definitive Agreement to Merge with First National Bank in Howell

Ann Arbor, Michigan – February 4, 2020 – Arbor Bancorp, Inc., the holding company for Bank of Ann Arbor (“Arbor”), and FNBH Bancorp, Inc., the holding company for First National Bank in Howell (“First National”) (OTC Pink: FNHM), today announced they have entered into a definitive agreement for Arbor to acquire First National in an all-cash transaction. Read… read more

dBusiness covers Michigan’s Venture Capital community in Jan/Feb 2020 issue

In the January-February 2020 issue of dBusiness, the cover story is focused on venture capital investment, private equity activity, angel investing throughout Michigan. Written by Tim Keenan, several MVCA members were interviewed for this article. Read the article by clicking here.

Meet Kerr Russell

2020 Bronze Service Provider Member For more than 145 years, Kerr Russell has been a fixture in Michigan’s legal landscape. Our firm is dedicated to serving the entrepreneurial and investment community throughout Michigan. Kerr Russell attorneys have extensive experience advising clients regarding a wide variety of M&A, financing, capital raise and joint venture transactions representing… read more

Meet GDI Infotech

2020 Platinum Service Provider Member Based in Ann Arbor, GDI Infotech is a leading talent matchmaking company dedicated to clients’ success. GDI partners with companies of all sizes and scope to get the right people in the right seat for their IT and software development needs. Over the past few years, GDI has helped many… read more

Michigan Venture Capital Association Appoints Michael Gross as Chairman of its Board of Directors

[Novi, MI] – As the voice of the Michigan entrepreneurial and investment community, Michigan Venture Capital Association (MVCA), has appointed Michael Gross, managing director at Beringea, as chairman of the organization’s board of directors. Gross will assume the position previously held by Tom Shehab of Arboretum Ventures whose term expired in 2019. In his role at Beringea, Gross… read more