Economically speaking, the news concerning Michigan typically focuses on the purported death of Detroit. To counter that negative trend, the Michigan Economic Development Corporation (MEDC) is hoping to spearhead some new growth among high-tech startups. The Michigan Pre-Seed Fund 2.0 is actually a continuation of a previous effort. It will provide $6.8 million. That’s $5.8 million to high-tech startups in the state and another $1 million to help universities transfer technology to the marketplace.
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To read the original article: Michigan Creates $5.8 Million Fund for Tech Startups
