Category: News

Josh Linkner, CEO & Managing Partner of Detroit Venture Partners (part of the Quicken Loans family of companies) and Founder & Chairman of ePrize, was recognized as a “Champion of Change.” The Champions of Change program is a weekly series that is part of President Obama’s “Winning the Future” initiative, which honors entrepreneurs that have started […]

Merrill Guerra of Ypsilanti is a familiar name to many in the venture capital community, but the former RealKidz entrepreneur is donning a new hat—executive director of the Michigan Venture Capital Association. Guerra takes the reins of the organization from LeAnn Auer, who leaves the MVCA to join Ford’s Treasury group in Dearborn, and she’s […]

Fund II is second life science fund managed by West Michigan-based Hopen Life Science Ventures Grand Rapids, Mich.– Hopen Life Science Ventures, a Grand Rapids-based life science venture capital fund, announced an initial close of $25 million for its second fund, Hopen Life Science Fund II.  The fund will remain open to new limited partners […]

http://www.wxyz.com/dpp/news/$25-million-to-support-michigan-entrepreneurs LANSING, Mich. (WXYZ) – The Michigan Economic Development Corporation (MEDC) announced Wednesday that $25 million will be awarded to several organizations. The state will give the money to eight organizations that will support entrepreneurs. The money will not only help the launch of new businesses throughout the state, but it will also continue to […]

http://www.wxyz.com/dpp/news/$25-million-to-support-michigan-entrepreneurs LANSING, Mich. (WXYZ) – The Michigan Economic Development Corporation (MEDC) announced Wednesday that $25 million will be awarded to several organizations. The state will give the money to eight organizations that will support entrepreneurs. The money will not only help the launch of new businesses throughout the state, but it will also continue to […]

The U.S. Small Business Administration (“SBA”), State of Michigan Retirement Systems (“SMRS”), The Dow Chemical Company and InvestAmerica have partnered to provide Michigan businesses with debt and equity funding through the InvestMichigan! Mezzanine Fund. The fund will invest up to $130 million into lower-middle-market Michigan companies over the next five years and was formed in […]

 FOR IMMEDIATE RELEASE – July 25, 2011 – ANN ARBOR, MICH. – Augment Ventures, a new early-stage venture capital fund in Ann Arbor, Michigan recently closed its first round of funding and made its first investment in Aperia Technologies, a cleantech company. Augment, which has an overall fund goal of $20 million, will invest in […]

Thomas Lee 7/25/11 http://www.xconomy.com/detroit/2011/07/25/my-farewell-present-six-observations-about-michigans-innovation-economy/

Dow Chemical Co. Chief Executive Officer Andrew N. Liveris says Michigan is showing a new national model when it comes to government and private sector collaboration to help small businesses. On Tuesday, Liveris, joined by Gov. Rick Snyder, Administrator Karen Mills of the U.S. Small Business Administration and Michigan Treasurer Andy Dillon, announced $130 million investment […]

Turning the traditional drug discovery model on its head and challenging conventional wisdom has proven to be good medicine for Kalamazoo-based Metabolic Solutions Development Company, LLC (MSDC).  The five-year old company, founded by two former Upjohn Company scientists, Jerry Colca, PhD and Rolf Kletzien, PhD, is tackling the combination of metabolic disorders that, taken together, […]