Meet Michigan’s Newest VC Fund Grand Ventures

By Amanda Lewan on February 18, 2017

In Michigan Venture Capital has been on a slow and steady rise. Now, experienced investor Tim Streit of Huron River Ventures along with McKeel Hagerty an entrepreneur and investor, launched the newest VC firm Grand Ventures.  Previously Streit co-founded Huron River Ventures, which raised $16 million and invested in leading technology companies including Ambiq Micro […]

Michigan State University Foundation Launches Red Cedar Ventures

By Jane Whitttington on December 9, 2016

MSU is well known for its high level of student engagement. In fact, a recent (September, 2016) article in the Wall Street Journal gave MSU first place in its listing of “colleges where students feel most engaged”. An honor indeed, and one that the university continues to value. For student and faculty entrepreneurs, that translates […]

4 Pitch & Prize Opportunities Open Now

By Amanda Lewan on December 1, 2016

Hey entrepreneurs and creators we hope you are getting ready for a a busy year next year. Before you start to wrap up 2016, check out some of these upcoming pitch and prize opportunities. What a great way to end your year with a little extra cash and support. 1. ACE presentations open. Entrepreneurs can win up to […]

Meet 32 Detroit Businesses Receiving NEIdeas Grants

By Amanda Lewan on November 22, 2016

The New Economy Initiative announced today the recent winner of their NEIdeas grant program, giving small businesses $10,000-$100,000. Each year the foundation grants existing business in the city of Detroit cash to help their business grow. The small business who won grants this year range from retail to technology and transportation. Two larger businesses took home […]

Detroit Startup Benzinga Raises $3 Million

By Amanda Lewan on September 29, 2016

Detroit based Benzinga, a financial tech media site, announces today an investment raise of $3 Million, with investment from entrepreneur Dan Gilbert and WorldQuant Ventures. The investment will fuel an expansion of Benzinga’s original market-moving content and data service infrastructure, allowing Benzinga to better serve its rapidly increasing demand from traders and investors. “We’re very excited to announce our […]

The University of Michigan has been growing their investments into the technology world, one startup at a time, often through their various student fund arms and commercialization tracks. Today, the university announced an investment of $500K in funding from the University of Michigan’s Michigan Translational Research and Commercialization (MTRAC) program to help solve some of our toughest […]

$5 Million in Lending Available to Small Businesses

By Amanda Lewan on June 24, 2016

Able Lending, a fintech startup headquartered in Austin, has announced $5 million dollars in funding available to Michigan based startups and small businesses. The company is the lowest-cost non-bank lender to small businesses in the US, using a new collaborative loan structure. The funding will aim to help an estimated 20 Michigan-based companies across a range of […]

Desai Aims to Foster Collaboration

By Amanda Lewan on June 3, 2016

Up at the Mackinac Policy Conference this year we spoke with Managing Director of the new Desai Accelerator Kelly LaPierre. Kelly joined Desai for their first cohort last year, announcing a new class just a few months ago (see the six startups in the summer 2016 class here). Kelly shared with us why a “founder friend” approach […]

Michigan Growth Capital Symposium is Next Week

By Amanda Lewan on May 13, 2016

One of the top events for entrepreneurs raising funds is coming up. The Michigan Growth Capital Symposium will be next week May 17th and May 18th at the Marriott Resort in Ypsilanti. This is the 35th year for the symposium, bringing together nearly 40 of the “Best of the Midwest” high growth companies. As part of […]

Hatch Detroit Business Contest Opens This Week

By Amanda Lewan on May 5, 2016

Comerica Bank and Hatch Detroit announced the return of The Comerica Hatch Detroit Contest, which awards one grand prize winner $50,000 to help open up a retail location inside the city of Detroit. The winner will also receive additional services and support from local entrepreneurs and Hatch Alumni, including advertising support, accounting, IT, legal and […]

Detroit based businesses have a great grant opportunity open now. The NEIdeas challenge, hosted by the New Economy Iniative of Southeastern Michigan, is now open for applications for their $10,000 and $100,000 grant for businesses. The grant opportunity is only for businesses located in Detroit, Hamtramck, and Highland Park. Your business must have been located […]

Grand Angels Investing $20 Million into Michigan’s Growth

By Jane Whitttington on March 25, 2016

Angels don’t always come with wings and halos. Sometimes they come in the form of pragmatic businessmen and women who are willing to take a chance on a new venture and are ready to share funding, time, and talent to help early stage companies succeed. Grand Angels, located in Holland and one of Michigan’s top […]

Shefit Gets Funding from “Shark Tank”

By Jane Whitttington on February 25, 2016

Every budding entrepreneur comes up against the issue of financing. It isn’t easy to fund new and unproven ideas. But one aspiring business woman had the unusual opportunity of pitching her idea on national television. The popular show “Shark Tank” recently featured Sara Moylan of Grand Rapids, founder of Shefit. “Shark Tank”, the 2014 and […]

A Closer Look at Dan Gilbert’s New VC Firm

By Amanda Lewan on January 21, 2016

For those following the success of investor and entrepreneur Dan Gilbert, it has been easy to notice his love for sports and entertainment. Owner of the Cleveland Cavaliers, Greektown Casino and investor in dozens of other technology and media companies show this trend. Now, Dan Gilbert has launched a $35 Million dollar early stage investment fund […]

Detroit Bikes Aims to Raise $100,000 For New Line

By Amanda Lewan on November 5, 2015

Shinola isn’t the only Detroit based company capitalizing on the “Made in Detroit” spirit. Detroit Bikes has been growing, opening a retail store Downtown, and now raising $100,000 on Kickstarter for a new product line. “We have a lot of big things happening that we need to help fund. These include some big contracts that […]