Category: newsfeature

ANN ARBOR, Mich.—The Michigan Venture Capital Association (MVCA) will recognize several Michigan venture firms, investment professionals, and two venture-backed entrepreneurs for their successes at its annual awards dinner November 7 in Plymouth.  The statewide membership organization will honor: MVCA “100 Award” winner Arboretum Ventures of Ann Arbor, for closing a venture fund over $100 million […]

The team at Arboretum Ventures has done the improbable: raised an oversubscribed fund during one of the worst venture capital fundraising periods ever.  Their firm’s new $140 million fund, Arboretum III, will continue to focus on companies developing innovative healthcare products that not only improve patient care but also reduce the cost of healthcare delivery.  […]

Ann Arbor, MI (September 8, 2011) – Arboretum Ventures, a leading venture capital firm specializing in early-stage healthcare investments, today announced the final closing of its third investment fund with capital commitments totaling $140 million, above the $125 million target for the fund. The firm now has $235 million in capital under management, and has […]

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 […]

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, […]

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 […]