Privately Supported Funds in West Michigan
Grand Angels invests in businesses located in Michigan, with a preference for those located in Kent, Ottawa and Muskegon counties. It is the only regional investment group that offers mentoring paired with a relatively patient exit strategy, meaning invested funds may not need to be returned as quickly as would be expected by commercial or other investors. Grand Angels typically invests from $250,000 to $1,000,000 in early-stage companies.
Hopen Life Sciences is interested in promising early- to mid-stage life science innovation including pharmaceuticals, devices, diagnostics, and enabling technologies. Its portfolio investments have ranged from $150,000 to over $5,000,000. Hopen’s team of life-science professionals with more than 200 years of combined experience provides guidance in joint ventures, patent filings, clinical trials, drug discovery, licensing, public and secondary offerings, and mergers and acquisitions.
Michigan Accelerator Fund
Michigan 21st Century Investment Fund
The Michigan 21st Century Investment Fund Invests in private equity, venture capital and mezzanine funds, as well as potential co-investments. This initiative is capitalized with $120 million in commitments, and is focused on four main sectors of the economy including:
Michigan Pre-Seed Capital Fund
The Michigan Pre-Seed Capital Fund supports high-tech start-up companies as they near commercial viability by providing access to early-stage capital investment or micro loans to accelerate company development. Supported by a consortium of Michigan SmartZones, these funds will extend the personal investment of entrepreneurs during the critical stage when they are developing their businesses to the point of readiness for outside investment. The fund targets companies throughout the state that are creating the newest technologies in the following competitive areas:
Contact the Center for Entrepreneurship & Innovation to review and help prepare your company for funding. Contact the Center for Entrepreneurship & Innovation by calling 616.331.7582 or by sending an e-mail to email@example.com.
InvestMichigan! represents a groundbreaking partnership of public and private interests in the deployment of private equity capital. InvestMichigan! is a $300 million fund focused on generating strong returns for investors and growing the next generation of Michigan companies. InvestMichigan! has two main components in order to support companies in both early and later stages of development. Under the Growth Capital Fund, InvestMichigan! targets lead and co-investment opportunities in venture capital and small buyout stage companies. The Michigan Opportunities Fund targets lead investment opportunities in buyouts and growth equity investments in well established companies.
The Capabilities Matrix shows the depth of expertise across our membership. We are able to fulfill any need along the product development life cycle.
VIEW CAPABILITIES MATRIX
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