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Michigan’s venture capital industry grew again in 2012 as both the amount of capital under management and what’s available for new investments posted strong gains.

The results contrast the general national trend for venture capital and indicate “that Michigan is a destination where entrepreneurs and those that back them are thriving,” states an annual research report issued today by the Michigan Venture Capital Association.

To read the full, original article click on this link: Michigan’s venture capital industry grew $700M in 2012