GRAND RAPIDS – Waséyabek, an economic development company in Michigan’s Indian Country, announced that its Board of Directors has agreed to invest $5 million with Michigan Capital Network, a venture capital fund management and angel investing organization based in Grand Rapids. Waséyabek is the 100 percent Tribally-owned holding company that manages non-gaming economic development activities
DETROIT - The redevelopment of the historic Thomas Jefferson Middle School in Midtown Detroit has reached a major milestone, with Invest Detroit officially moving in as the anchor tenant of the newly rebranded Jefferson Hub. The 115,000-square-foot innovation and office space is scheduled for full opening in fall of 2025 and is now leasing space
Image source Starting a small business begins with a vision. You’ve got that big idea, the drive, and maybe even a great team. But to turn that dream into a functioning, profitable reality, there’s one essential ingredient: funding. While determination and skill can take you far, a business needs capital to thrive. Equipment, marketing, inventory,
GRAND RAPIDS – Michigan Capital Network announced it has expanded its leadership team by promoting Jenni Li, Ph.D., to principal at the firm. Li first joined MCN as an analyst in 2020 after receiving her Bachelor of Science degree in Chemical and Biomolecular Engineering from Georgia Institute of Technology. Li was promoted to senior analyst at
BLOOMFIELD HILLS – The Michigan Venture Capital Association (MVCA), the trade association for Michigan's venture capital and angel community, celebrated the state's entrepreneurial ecosystem at its 2024 Annual Awards Celebration, held at Elevate at One Campus Martius. During the event, MVCA presented awards highlighting capital events driving the growth of Michigan companies, significant investment milestones
BIRMINGHAM - Michigan Angel investing pioneer David Weaver will retire at the CitySide Ventures April meeting on April 24. He has been instrumental in creating what is now a thriving angel investing community in Michigan. In this video interview, David provides tips for entrepreneurs who seek investments from angel funds. They include: 1. Have a
GRAND RAPIDS – Michigan Capital Network (MCN), the state’s largest association of regional angel investing groups and the management entity for four venture capital funds, announced today it has named Jenni Li as Senior Associate. Li joined MCN in 2020 as an analyst after completing her BS in Chemical and Biological Engineering from Georgia Tech, where she
KALAMAZOO - Join Kalamazoo Venture Tuesday Jan. 30 at 9 am for an online pitch event via the Microsoft Teams virtual platform. You’ll have a rare opportunity to see inside the minds of three investors as they reveal what three company presenters did right and wrong. The Kalamazoo Venture Tuesday meeting is designed as a
DETROIT – Michigan Venture Capital Association, the trade association for the venture capital and angel community in Michigan, celebrated the Michigan ecosystem during its 2023 Annual Awards Dinner held at The Fillmore Detroit on September 28 and presented a Lifetime Achievement Award to Skip Simms, former Arbor SPARK vice president and Michigan Angel Fund managing
BLOOMFIELD HILLS - While national venture capital investing decreased in 2022, Michigan continued to show strength with $1.2 billion invested into Michigan-based companies--an increase of 12 percent over 2021. Within the Great Lakes region, Michigan has been accelerating in venture capital activity with a growth rate of 13.7 percent since 2006, slightly higher than the
