The Community Impact Award recognizes organizations, events, or individuals that create the meaningful, effective connections necessary to build Michigan’s entrepreneurial economy. Renaissance Venture Capital Fund of Funds promotes collaboration and provides critical resources to grow Michigan’s entrepreneurial and investment community.
Renaissance Venture Capital Fund is a fund of funds that supports the growth of venture capital in Michigan. In 2018, the firm announced the closing of its third fund, with $81 million of new capital. The innovative network fund is the largest of its kind in the United States, now with a total of $205 million raised since its inception in 2008, and has developed a best practices model that’s implemented by funds of funds across the country. For every $1 Renaissance has deployed during its past nine years, it has helped attract $17, or a total of $1.3 billion of investment, back into the State of Michigan.