The Renaissance Venture Capital Fund (RVCF) is a Michigan based venture capital fund. The company has announced today that their initial investment of $16.7 million has led to a total of nearly $300 million in 20 new Michigan companies. This means that they are seeing a ratio of $17 venture capital investment coming into Michigan for every dollar invested by the RVCF. This led to the creation of hundreds of high-wage jobs that pay an average of $80,000 per year.
To read the full, original article click on this link: Renaissance Venture Capital Attracted Nearly $300 Million In 20 Michigan Companies - Forbes
