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2023 MVCA Research Report

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October 09 Grand Ventures Raises $50 Million Fund to Invest in Early-Stage Startups

GRAND RAPIDS, MICHIGAN –October 9, 2023 – Grand Ventures today announced the closing of a $50 million second fund to invest in early-stage companies. This Fund II received significant support from its existing investor base while adding new limited partners, including family offices. The fund is managed by General Partners Tim Streit, Camila Noordeloos, and […]


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September 28 Michigan Venture Capital Association Celebrates 16th Entrepreneurial and Investment Successes at 2023 Annual Awards Dinner

Bloomfield Hills, Mich. – September 28, 2023 – Michigan Venture Capital Association (MVCA), the trade association for the venture capital and angel community in Michigan, celebrated the Michigan ecosystem during its 2023 Annual Awards Dinner held at The Fillmore Detroit on September 28. At this event, MVCA announced awards recognizing the capital events that are […]


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January 09 MVCA adds Susan Renno as New Project Coordinator to Team

MVCA’s team expanded this month with the addition of Susan Renno as Project Coordinator. Susan Renno is the Project Coordinator for MVCA. In this part-time role, Susan will oversee the outcomes of projects, meetings, and events in support of the MVCA team. This includes monitoring tasks, deliverables, resources, materials, and scheduling. Susan will implement and […]


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January 09 Welcome Camila Noordeloos, Grand Ventures to 2023 MVCA Board of Directors

The MVCA Board of Directors elected Camila Noordeloos, General Partner at Grand Ventures (Grand Rapids, MI) to the MVCA Board starting in January, 2023. She joined the Grand Ventures team in 2019. As a Partner, she identifies promising investment opportunities across Grand Venture’s sectors of interest and works closely with portfolio companies driving strategy development […]


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January 31 Bank of Ann Arbor Announces Asset Based Lending Group

Ann Arbor, Michigan – January 31, 2022 – Bank of Ann Arbor announces a new Asset Based Lending Group, stationed in its new branch office at 260 East Brown Street, Birmingham, Michigan. As reported last week, this new branch location housing retail banking, commercial lending, and asset based lending was acquired from Nicolet National Bank […]


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January 25 Bank of Ann Arbor Completes Purchase of Additional Branch Office in Birmingham

Ann Arbor, Michigan – January 24, 2022 – Bank of Ann Arbor today announced that it has completed its acquisition of Nicolet National Bank’s branch office at 260 East Brown Street, Birmingham, Michigan, purchasing approximately $186 million in loans and assuming approximately $55 million in deposits pursuant to a Purchase and Assumption Agreement previously made […]


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October 06 Michigan’s Venture Capital Ecosystem is Thriving

Michigan’s Venture Capital Ecosystem is Thriving by Fredrick Molnar, Vice President of Entrepreneurship and Innovation at Michigan Economic Development Corporation Now more than ever, our recovering economy needs entrepreneurs. And now more than ever, those entrepreneurs need supportive ecosystems to thrive. Robust entrepreneurial ecosystems were once considered to be the exclusive domain of the Coasts, […]


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October 06 Fishman Stewart Managing Partner Michael Stewart Receives Vistage Michigan’s 2021 Soaring Eagle Award

Fishman Stewart Managing Partner Michael Stewart Receives Vistage Michigan’s 2021 Soaring Eagle Award  Media Contact: Barbara Fornasiero, EAFocus Communications; [email protected]; 248.260.8466  Troy, Mich. —October 4, 2021—Fishman Stewart, PLLC, an intellectual property specialty law firm, is pleased to announce that Michael Stewart, co-founding member and managing partner, has received the 2021 Soaring Eagle award from Vistage […]


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August 09 Bank of Ann Arbor Expands into Livingston County with Definitive Agreement to Merge with First National Bank in Howell

Ann Arbor, Michigan – August 9, 2021 – Arbor Bancorp, Inc., the holding company for Bank of Ann Arbor (“Arbor”), and FNBH Bancorp, Inc., the holding company for First National Bank in Howell (“First National”) (OTC Pink: FNHM), today announced they have entered into a definitive agreement for Arbor to acquire First National in an […]


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July 19 MVCA to Celebrate State’s Entrepreneurial and Investment Successes at 2021 Annual Awards Dinner on Sept. 30th

Novi, Mich. – July 19, 2021 – Michigan Venture Capital Association (MVCA), the trade association for the venture capital and angel community in Michigan, hosted its 2019 Annual Awards Dinner at Greenfield Village on September 30. At this event, MVCA will announce awards the investment and entrepreneurial community. “We all have been through a challenging […]


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