Attorneys Carrie Leahy (Bodman), Audrey DiMarzo (Honigman), and Brad Wyatt (Dickinson Wright) briefed MVCA members January 24 about what’s now required of venture firms under the terms of the Dodd-Frank Wall Street Reform and Consumer Protection Act (Pub.L. 111-203, H.R. 4173). The Act, passed into law in 2010, may require many venture capital firms to […]
InfoReady Completes $1.1 Million in Seed Funding Company’s Social Media Technology Addressing $650 Billion Information Overload Problem Ann Arbor, MI – Startup software company InfoReady Corp. has raised $250,000 in seed capital from Automation Alley, closing out $1.1 million in first-round funding. InfoReady’s core technology helps knowledge workers find relevant information quickly with advanced search […]
Ann Arbor, Mich. – The Venture Michigan Fund II, Limited Partnership (“VMF II”) announced today that it has launched a new fund to invest in high quality venture capital funds committed to investing in Michigan based high technology companies. VMF II has capital totaling $120 million to invest in venture capital funds targeting seed and […]
Mich. hopes tech will help recovery By: Jennifer Martinez January 6, 2011 04:36 AM EST http://dyn.politico.com/printstory.cfm?uuid=580D7924-A87A-987A-F380BB469A0AEE3C Michigan is best known for making cars, but the state’s technology sector is gaining clout thanks, in part, to local and national politics. Michigan’s own Rep. Fred Upton has become one of the most powerful lawmakers on technology policy. […]
Mich. hopes tech will help recovery By: Jennifer Martinez January 6, 2011 04:36 AM EST http://dyn.politico.com/printstory.cfm?uuid=580D7924-A87A-987A-F380BB469A0AEE3C Michigan is best known for making cars, but the state’s technology sector is gaining clout thanks, in part, to local and national politics. Michigan’s own Rep. Fred Upton has become one of the most powerful lawmakers on technology policy. […]
Mark Horne, Managing Partner of Plymouth Venture Partners I, L.P. announced the completion of three portfolio company exits at the firm’s Annual Meeting held today in Ann Arbor, Michigan. Commenting to the firm’s Members, Mr. Horne said, “These exits bring the total exits since inception to fifteen (15) taking us well into the completion of […]
In December 2010, the Governor signed into law HB5921, the Small Business Investment (Angel) Tax Credit bill. This bill will provide a 25% tax credit to qualified investors who invest in qualified seed and early stage businesses in Michigan. On Friday, December 17th, from 3:30-5:30pm, the Michigan Economic Development Corporation will conduct a public forum […]
Tuesday, February 8, 2011 8-10:30am Kensington Court Ann Arbor MVCA Members & Venture-backed Executives: $0 All Others: $50 http://mvca2011feb.eventbrite.com/
Members of the MVCA Talent Committee are preparing for a busy 2011. Among the group’s initiatives–sustaining the EIR/CEO Placement program, creating a new MVCA Fellowship program aimed at recent advanced degree graduates of in-state universities, and continuing the popular “Super HotShots” talent recruiting night. The committee members include: Jim Adox, Venture Investors; Amy Cell, Ann […]