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Michigan Rise Executive Director Jeff Wesley
COURTESY PHOTO

A new capital fund seeded with state money got off to a quick start and has made investments in a half dozen young technology companies since launching two months ago.

Administered by the Michigan State University Foundation, Michigan Rise has at least a dozen more potential deals to fund in the pipeline and is considering at least 30 more startups, a reflection of the high demand for early-stage capital.

Image: Michigan Rise Executive Director Jeff Wesley COURTESY PHOTO