Member News

So You Want to Fund Black Founders

(The following post is from one of MVCA’s new members in 2020, Kapor Capital.) Written by: Brian Dixon: @MrStartup / Kapor Capital: @kaporcapital I was one of the first Black investors to be promoted to Partner at a venture capital firm. At the time (2015), I was also one of the youngest, having just turned… read more

Accelerating the Success of U-M Startup Companies

By Kelly Sexton, Associate Vice President for Research – Technology Transfer and Innovation Partnerships The University of Michigan’s research enterprise is an engine for creativity, discovery and innovation.  U-M researchers have invented amazing technologies — new therapeutics that improve the lives of people around the world, the Intralase Lasik eye procedure that has given the… read more

Bank of Ann Arbor & FNBH Terminate Merger Agreement

Arbor Bancorp, Inc. (Bank of Ann Arbor) is announcing that Arbor Bancorp. Inc. and FNBH Bancorp, Inc. (First National Bank in Howell) have mutually agreed to terminate their Agreement and Plan of Merger, previously announced on February 3, 2020. Deal Termination 6.25.20

State Supports $1.5 Million Fund to Help Small Businesses Recover, Pivot in Response to COVID-19

State of Michigan supports a new $1.5 Million fund to help small businesses recover. The Michigan Entrepreneur Resilience Fund helps small businesses from geographically disadvantaged areas survive the outbreak through recovery efforts, administered by Michigan Women Forward with support from Michigan Economic Development Corporation and other organizations and corporations, applications are now available. Click on… read more

GDI Infotech launches GDI TalentHub™ to connect IT Specialists to companies actively hiring during the COVID-19 crisis

ANN ARBOR, MI, (April 23, 2020) – GDI Infotech (GDI), a leading provider of Talent Matchmaking Solutions and Services has launched GDI TalentHub™ to connect IT Specialists to companies actively hiring during COVID-19 crisis. Millions of people have lost their jobs across the United States. Many industries and geographies have been hit hard. While there… read more

State Awards Pre-Seed Fund III to Michigan State University Foundation

Michigan State University Foundation has been approved to be the administrator of Pre-Seed Fund III granted by the Michigan Economic Development Corporation (MEDC). MSU Foundation will administer $3 million in Pre-Seed III funds to better support entrepreneurs and technology startups across Michigan. Approved by the Michigan Strategic Fund on April 14th, the MSU Foundation and… read more

Assistance for communities, small businesses, early stage tech companies impacted by COVID-19

New economic assistance for small businesses, early stage tech companies and communities around Michigan negatively impacted by the COVID-19 virus gained approval from the Michigan Strategic Fund, the Michigan Economic Development Corporation announced today. Click here to read more.

Tech Startup Stabilization Fund Offers Support for Early-Stage Tech Companies

The Michigan Economic Development Corporation has announced a $3 million fund which will provide investment and loan support for Michigan tech startups and companies.  Administered by ID Ventures, applications now available for startups across the state at TSSFund.com.

Beringea holds startup business plan competition for Michigan high school students

Amid statewide school closures in Michigan, one local venture capital firm is offering $3,500 in prize money for high school students who create a winning business plan as an enrichment activity. Click here for more information.

Paycheck Protection Program in Michigan

Small Business Assoc of Michigan (SBAM) is working to create a coalition of small businesses to help them maximize the benefits/opportunities under the Paycheck Protection Program. CLICK HERE to read more about the program. The goal is to get as many companies committed to sign up because: Once the website goes live SBAM want to… read more