Author: Ara Topouzian

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 […]

May 8-9, 2012 www.michigangcs.com

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 […]

ANN ARBOR, Mich.—Celebrating “A Year of Exits”, the Michigan Venture Capital Association held its annual awards dinner for its members and guests November 15 in Ann Arbor.  The statewide membership organization honored several Michigan venture firms as well as venture capital recipient companies for their successes: MVCA “Michigan 100” Award winner Cerenis Therapeutics of Ann Arbor, […]

“The tourists have left.”  That’s how National Venture Capital Assn. President Mark Heesen describes the pared down U.S. entrepreneurial ecosystem after several years of tough exit markets, low returns, and an abysmal fundraising environment.  Further, he expects the fallout from the dot-com bust and its effects on the venture capital community to continue through 2011, […]

ANN ARBOR, Mich. (September 30, 2010)—The Michigan Venture Capital Association (MVCA) will award up to $50,000 in grants and loans to both Huron River Ventures and Michigan Accelerator Fund I, winners of the Michigan Economic Development Corporation’s Accelerator Fund program.  The MVCA award provides support for the funds’ organizational costs excluding salaries.  In addition, the […]

The San Francisco Business Times quotes noted California venture investor Tim Baruch as pointing to Michigan as a model for government support of venture activity: “If California wants to get its innovation game back, says venture capitalist Tom Baruch, it should look at Michigan.“ Read more: California’s innovation model … Michigan? – San Francisco Business […]

ANN ARBOR, Mich.—The Michigan Venture Capital Association (MVCA) has released its 2010 year-to-date report on venture capital activity in Michigan.  As of August 2010, more than $123 million in venture capital has been invested in Michigan‐based start‐ups, a 35% increase compared to 2009 year‐to‐date financings. Also notable: This year-to-date, there were 10 venture capital investments […]