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This week, Michigan rolled out Angel 2.0, a three-year, $27 million effort to encourage wealthy individuals to fund promising high startups in the state.

“This is a huge deal,” says Paul Brown, vice president of capital markets for the Michigan Economic Development Corp. who’s supervising the program. “Angels had been advocating for this for years.”

To read the full, original article click on this link: Michigan’s Angel Investment Tax Credit: Take Two | Xconomy

Author: Thomas Lee