Several Michigan companies recently received investments from the Michigan Pre-Seed Capital Fund, pushing the total investments made through the Fund to over $11.6 million. To date, 52 Michigan companies have received seed funding from the Michigan Pre-Seed Capital Fund, a collaborative effort of Michigan’s SmartZones.
“The Michigan Pre-Seed Capital Fund proves that innovation is thriving throughout the state,” said Skip Simms, administrator of the fund programs and interim CEO of Ann Arbor SPARK. “Companies that received support from the Michigan Pre-Seed Capital Fund are currently employing 285 people throughout the state and have attracted outside investment. Matching support from other funding sources totaled $16.4 million for these Michigan companies.”
To read the full, original article click on this link: Michigan Pre-Seed Capital Fund Reports Investments Totaling $2.5 Million in 2010
