Author: Ara Topouzian

These are strange, unpredictable, and sad times. We have been quickly forced to find new ways to work and live; necessity continues to be the mother of all invention, and this time will be no different. For Beringea, some of our best investments have been in businesses forged in times of stress. With 35 years […]

The Michigan Strategic Fund (MSF) Board approved $20 million in aid aimed at helping businesses affected by the closures ordered in response to the COVID-19 pandemic in a special virtual meeting today. Of the $20 million, $10 million is in loans and $10 million is in grants to help businesses affected by the COVID-19 pandemic, […]

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.

Small businesses that have experienced disrupted operations due to the COVID-19 pandemic now have additional time to make their sales, use and withholding tax monthly payment, according to the Michigan Department of Treasury. Effective immediately, small businesses scheduled to make their monthly sales, use and withholding tax payments on March 20 can postpone filing and […]

Midwest Growth Capital Symposium and InvestMidwest Partner to Present 2020 Midwest Venture Showcase – Online In light of the continuing impact of the coronavirus, the Midwest Growth Capital Symposium has partnered with InvestMidwest to present a joint online company showcase titled the 2020 Midwest Venture Showcase! This online format will still showcase Midwest companies seeking […]

The Michigan Venture Capital Association (MVCA) continues to monitor the current COVID-19 situation and its impact on the State of Michigan. We are taking precautionary measures as it relates to our upcoming events for the next few months. As you know this situation is changing rapidly on a daily basis. Michigan Governor Gretchen Whitmer has […]

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 […]

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, […]

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 […]

ANN ARBOR, MI (February 18, 2020) – Arboretum Ventures, a leading healthcare venture capital firm, today announced that Dan Kidle has been named one of three recipients of the National Venture Capital Association’s Rising Star Award for 2020. This award recognizes the next generation of venture capitalists who have established themselves as emerging leaders in the industry. Dan is receiving […]