TRAVERSE CITY - TCNewTech has returned to featuring regularly scheduled programming with TCNewTech Pitch Night, taking place on the first Tuesday of the month. This event features a full lineup of five exceptional teams, showcasing the remarkable entrepreneurial talent that Northern Michigan has to offer. The goal at TCNewTech is to attract and nurture disruptive
LANSING - Gov. Gretchen Whitmer seeks to inject $200 million into Michigan technology startups using federal pandemic relief funds, as part of a broader $1.52 billion proposal for using federal American Rescue Plan Act funding that Congress approved in March. Whitmer’s Startup Resiliency Initiative would put $140 million into direct equity investments in tech startups
ANN ARBOR - David Weaver, who co-founded CitySide Ventures, Birmingham Angels and Great Lakes Angels, has co-created a monthly virtual Deal Tank for early-stage companies to pitch investors in Michigan and throughout the Midwest. The event is designed for Accredited Investors according to the SEC guidelines, specifically Rule 501(Item 5) of Regulation D, as to
LANSING – The Michigan Economic Development Corporation has created a $3 million Tech Startup Stabilization Fund to invest in early-stage tech startups in Michigan that are being impacted by the COVID-19 outbreak. Administered by ID Ventures , the Tech Startup Stabilization Fund will provide early-stage tech companies direct investments or loans that can be converted into equity. Investment and
ANN ARBOR - The Michigan Angel Fund has invested in four women-founded technology companies - what Managing Partner Skip Simms described as “purely coincidental.” But, Simms senior vice president of Ann Arbor SPARK, added the investments can be viewed as a marker of a growing trend of women-led companies. He said outcomes of that shift
ANN ARBOR - AOL Founder Steve Case brought his Rise of the Rest Venture Capital roadshow to Ann Arbor Wednesday where he meet with other private equity finance, state and city officials at Zingerman's Roadhouse. He was interviewed by MITechNews.Com Editor and Publisher Mike Brennan. During this 2,600-mile trip, Case will personally invest $500,000 ($100,000
ANN ARBOR - In the last three years, there has been a 20 percent increase in the number of venture-capital-backed startups in Michigan, a new survey shows, with West Michigan companies making up a third of them. The seed, startup, early stage and growth companies represented equally with approximately a third in West Michigan at
DETROIT - The deadline to apply for DTX Launch Detroit, a 10-week summer accelerator at Wayne State University for college students and recent grads that want to launch a tech startup, is April 22. Participants will receive a stipend of $2,500 per individual (up to $7,500 per venture team) to test out their entrepreneurial dreams.
