Venture Michigan FundThe Venture Michigan Fund was created to increase the availability of capital for seed and early stage companies. It is prepared to be a major force for strengthening the State's capital markets, promoting economic growth and diversification, and creating and retaining jobs. The fund-of-funds will invest solely in venture capital firms which target seed and early stage investments with emphasis given to a firm's likelihood of providing above-average returns, its presence in and history of investments in Michigan, and its consideration of minority owned businesses in its investment activities. The Venture Michigan Fund anticipates investing $95 million in qualified firms. For further details, please click here. |