Today in Lansing, more than just the State Capitol is under construction. Representative Jeff Farrington (R-30) laid the groundwork for an Angel Investment Program when he introduced House Bills 5786 and 5787, designed to allow qualified angel investors to claim a tax credit against their personal income tax liability. MVCA was there to discuss the details […]
MVCA member, Fontinalis Partners, a venture capital firm with offices in Detroit and Boston, today announces the final closing of its $100 million second fund, Fontinalis Capital Partners II, L.P. (“FCP II”). This new fund, which brings Fontinalis Partners’ total committed capital to $165 million, will continue the firm’s focus of investing in the best and […]
Dear MVCA Members, It’s MVCA Events & Program Manager, Molly Theis, touching base with a reminder to stay involved with MVCA in 2016! MVCA would like to keep you “in the know” regarding the various events going on in the Entrepreneurial & Investment Community. We not only want you to attend our MVCA Events, but also […]
A lifelong interest in exploration and navigating new paths led MVCA Venture Fellow Brad Lichota to a career in venture capital, where he’s scouting startups as a member of RPM Ventures’ investment team. Brad tells us about his new role at RPM, his future as a Michigan job creator, and using the MVCA Venture Fellows […]
The marketing platform drives proven and immediate ROI for consumer brands. Quikly, an industry-leading enterprise marketing platform, announced today that it closed $3 million in new funding led by MVCA member, Plymouth Ventures! Founded in 2012, Quikly has become a high-performing innovator in the retail digital marketing space, posting sales growth of 200% over the […]
Today, Ted Serbinski, Managing Director of Techstars Mobility, talks about his accelerator’s second cohort, which becomes the newest group of start ups calling downtown Detroit home this summer. Check out his original post here. Today I’m excited to introduce the 12 companies part of the Techstars Mobility Class of 2016. These startup companies are building automotive mobility […]
As a newcomer to the venture industry, Dan Ratliff didn’t know what to expect when he joined Detroit-based Fontinalis Partners as an MVCA Venture Fellow two years ago. But as he ends his Fellowship period and remains with the firm, he can more fully appreciate the unique collaborative nature of the Michigan venture community and envision his […]
The Renaissance Venture Capital Fund (RVCF), Michigan’s innovative venture capital fund-of-funds, today announced the prestigious recognition of its founder and CEO in the area of entrepreneurship, as well as the addition of two new team members. Ernst & Young has named RVCF Chief Executive Officer Chris Rizik as a finalist for its Entrepreneur of the […]
by Maureen Brosnan Miller, Executive Director, MVCA Mackinac Island was showing off this year – the skies were blue, the clouds were few, geraniums and lilacs were in full bloom and the Island was bustling with business and political power players at the Detroit Regional Chamber’s annual Mackinac Policy Conference. The focus for this year’s […]