U-M’s Innovation Partnerships Awarded $5M To Establish Statewide Venture Fund
ANN ARBOR—The University of Michigan's Innovation Partnerships has received $5 million from the Michigan Economic Development Corp. to establish the Michigan University Innovation Capital Fund and Michigan University Innovation Capital Consortium. This venture fund will solidify the state's university research commercialization ecosystem through a partnership between U-M, Michigan State University, Michigan State University Research Foundation,