EAST LANSING – The Renaissance Venture Capital Fund is opening its third office location at the East Lansing Technology Innovation Center, the place-making arm of the Michigan State University Foundation. Renaissance VC also has offices in Ann Arbor and Detroit.
“Renaissance coming to the TIC means greater access to capital resources for area entrepreneurs,” said Jeff Smith, director of the University Corporate Research Park, the place-making arm of the MSU Foundation. “This activity strengthens mid-Michigan’s entrepreneurial ecosystem and tells the larger story about Michigan’s economic health and growth.”
The MSU Foundation’s ongoing economic development initiatives focus on taking Michigan State University’s faculty and researcher technologies to market, investing in MSU student entrepreneurs, and working with area partners to build and grow the region’s robust, thriving culture of innovation.
“Our mission at Renaissance is to serve as a bridge between researchers, entrepreneurs, venture capitalists, and major corporations in Michigan,” said Chris Rizik, chief executive officer of Renaissance Venture Capital Fund. “We are impressed with the growth of innovation efforts at Michigan State University and are excited to extend our presence and network in the region.”
The TIC, managed and operated by the MSU Foundation, offers its tech-based members office space, programmatic support, and resources aimed at helping startups and early-stage companies flourish. The TIC is adjacent to the MSU Innovation Center.