We’re pleased to announce that the MVCA and the Michigan Economic Development Corporation (MEDC) are teaming up on a new initiative to attract out-of-state venture capital to Michigan. Our goal is to get more regional VCs investing in great Michigan deals. This summer, our team plans to visit venture capital hotbeds in the Great Lakes region and meet with the top VCs to build stronger regional connections, promote Michigan as a great place to do business, and most importantly promote our most compelling investment opportunities. Our first visit is slated for June 19-21 to Chicago, IL.
In anticipation of the Roadshow we need your input! To realize maximum returns, we’d like to construct an impressive deal-book of your best Michigan portfolio companies that will be in the market for additional funding within the next 6-12 months. We want to help attract any additional capital you need to fund your next round(s). Please complete a Portfolio Company Profile for any companies you wish to be included, and forward your entries to Emily Heintz at [email protected] no later than May 15, 2013.
Subsequent to receiving any interest from VCs in your portfolio companies, we will contact your firm directly to arrange introductions. We then plan to host any interested out-of-state funds here in Michigan, and with your help, to facilitate the path to investment and leave a great impression for future activity.
We’re excited about this opportunity to help expand the Michigan venture market and would appreciate any feedback you have in making this a successful initiative. Feel free to contact us with your questions, concerns, or input at your earliest convenience.
Carrie Jones Mike Flanagan
Executive Director – MVCA Director, Equity Capital Programs – MEDC