Michigan Startup Weekend Roundup

By Amanda Lewan on June 29th, 2013 / Comments

What’s happening this week in Michigan’s startup world? Lot’s of great numbers tell the story of financial support and successes for startups across the state. Here’s your weekend roundup:

1. Xconomy reports a Michigan VC Roundup including numbers from the Detroit-based Renaissance Venture Fund. The fund’s initial investment of $16.7 million in 20 Michigan companies has led to a return of nearly $300 million, according to the story. Huron River Ventures based out of Ann Arbor announced they’ve raised $11 million for clean tech companies.

2. CBS Detroit reports the winners of the GLEQ Business Plan Competition awarding $206,000 to Michigan technology startups. Awards were given in several categories for innovation, new business ideas, and the next emerging companies in Michigan. If you’re not familiar with all of the great competitions and awards GLEQ organizes for the state, make sure you check them out now.

3. Interested in the history of Michigan innovation? Chris Rizik from the Renaissance Venture Capital Fund shares an overview of the story of entrepreneurship in Michigan for Bridge Magazine.

4. My Fab 5, a restaurant rating startup based out of Ann Arbor (don’t worry — no comparison to the infamous fab 5 basketball team), wins first place and $25,000 in branding services from the Detroit Technology Exchange showcase. Crain’s Business covers the event and winners.

5. Will Detroit receive more financial support for food entrepreneurs? Hell Yea Detroit talks about the food truck business in Detroit and the $10,000 award coming from the Pure Michigan Mobile Cuisine Startup program. Check out more about Michigan’s food grant for food entrepreneurs.

Photo via Flickr.

About the Author

Amanda Lewan

Amanda Lewan

Editor @michipreneur. Co-founder Bamboo Detroit. Follow me @Amanda_Jenn. I love telling the story of entrepreneurs and innovators.