As part of the Dodd-Frank Act, Congress eliminated section 203 (b)(3) of the Advisers Act, which previously had exempted from SEC registration any adviser that had fewer than 15 clients over the last 12 months, did not hold itself out to the public as an investment adviser, and did not act as an investment adviser […]
Kalamazoo, MI – Plymouth Management Company (PMC) announced its third investment from Plymouth Venture Partners Fund II (PVP II) in Lynx Network Group (LNG) of Kalamazoo, Michigan. Lynx Network Group is a full service telecommunications company specializing in advancing high-speed next generation infrastructure in tier 2 and tier 3 markets where traditional infrastructure is not […]
Combined capital under management has grown 206 percent in just five years Ann Arbor, Mich. – April 12, 2011 – As the state of Michigan—and more generally, the Midwest—continues to transition from its rust belt roots of auto and manufacturing into an innovation economy driven by clean tech, life sciences, and entrepreneurship, the soon-to-be released […]
L.G. Almeda, mentioned in the release below and co-chair of the Brinks Innovation Competition at Midwest Clean Tech 2011, is looking for a Michigan based judge in the venture capital arena to round out the judges panel. The judge need not attend the Chicago event. The time required to be a judge is important but […]
Michigan venture capital-backed companies like Accuri Cytometers looking to emulate the exit of a local peer couldn’t choose much better than HandyLab, whose 2009 sale to global technology firm Becton, Dickinson and Company (NYSE: BDX) netted investors $275 million. But then, Accuri Cytometers CEO, Jeff Williams, is more familiar than most with that deal—he was […]
The MVCA community congratulates long-time Michigan venture investor and past MVCA Chairman Mary Campbell of EDF Ventures, and her husband, Brian Campbell, for the lifetime achievement award they recently received at the annual mergers and acquisitions awards event hosted by Crain’s Detroit Business and the Association for Corporate Growth! Their hard work, humor, passion for […]
Xconomy presents “Michigan 2030” What will the Michigan innovation, life sciences, clean energy, transportation, and information technology landscape look like 20 years from now? Will the area have emerged as an even bigger player in university and corporate research, or a major factor at all in areas like venture financing and entrepreneurial activity-and, if so, […]
The White House is looking for some women-led high growth businesses that could be invited to a March 22 Treasury event in D.C with Secretary Geithner and SBA head Karen Mills, among others. This event is all about availability and access to capital for small companies. If you have any women CEOs at your portfolio […]
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. […]