Tag: Michigan

[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 […]

Each year, the MVCA team travels to emerging entrepreneurial communities across the country to meet with venture firms to share the exciting activity happening in Michigan’s entrepreneurial and investment community and help coordinate Immersion Days for those who are interested in investing and working in Michigan. Because every dollar invested in a Michigan startup by a […]

After a national search, Mike Psarouthakis has been selected as the new director of the U-M Tech Transfer Venture Center.  The Venture Center is responsible for helping to identify, develop and launch new startups based on U-M technologies, and works alongside licensing, legal and marketing specialists within U-M Tech Transfer.    Psarouthakis, who has served […]

The momentum in our entrepreneurial and investment community has been building for several years now, and in 2016 we made significant strides to keep Michigan moving in the right direction–forward. The number of venture capital firms headquartered in Michigan, their total capital under management, and number of venture capital investments made in Michigan has doubled […]

The Michigan entrepreneurial and investment community lost a friend and colleague last week as Bob Clone, the former head of private equity for Indiana and a long-time private markets investor with the State of Michigan Retirement System, passed away after a year-long battle with cancer. A long-time Mid-Michigan resident, Bob is survived by his wife, […]

 East Lansing, MICH — The Conquer Accelerator program at Michigan State University is accepting applications for its Season Two Cohort, launching in summer 2017, now through February 3. Designed to help both startups and established companies overcome business hurdles, Conquer emphasizes smart planning and growth, extensive mentorship from an experienced bench of professionals, and structured educational components. […]

Tim Parker to Lead Michigan’s Leading Angel Network, Organization Deploys $3.5 Million during 2016 HOLLAND, Mich., November 16, 2016,— MVCA member Grand Angels, Michigan’s leading angel investment network today announced Timothy Parker has become the organization’s second president in the 13-year history of the organization. Parker officially succeeded Jody Vanderwel, following a unanimous vote of the […]

Newest subsidiary dedicates pre-seed and follow-on funding to MSU-based startups, technology commercialization Lansing, MI — The Michigan State University Foundation (MSUF) announced today the formation of its new, $5M venture investing subsidiary, Red Cedar Ventures. Its newest program features both a pre-seed fund and an opportunity fund focused on helping Michigan State University-based startups and […]

MVCA closed its year with their signature event, the 2016 MVCA Annual Awards Dinner, celebrating the successes of the entrepreneurial and investment community in Michigan.  Chief amongst those successes: more Michigan startups have received more venture backing than ever before.  In 2015, there were 74 companies that received $282 million from Michigan venture capital firms, […]

Indianapolis, IN (November 9, 2016) – Plymouth Ventures announced today that it has made a growth round investment in Kinney Group, Inc. (KGI), a cloud solutions integrator serving the Global 2000, IT-centric mid-market companies, and US Public Sector organizations. The participation from Plymouth is a strategic part of KGI’s overall fundraising objective for helping accelerate […]