Posts filtered by tags: MVCA[x]


 

Topouzian Brings Economic Development Perspective to New MVCA Role

Ara Topouzian is a longtime Oakland County economic development official and a 2012 Kresge Artist Fellow recognized for his work playing a 76-string kanun harp in Armenian and world music bands. As of March 25, he’ll also be the new director of the Michigan Venture Capital Association, which works to advance the state’s VC ecosystem.Topouzian comes to the MVCA after six years of heading up the 700-member Troy Chamber of Commerce, where he says he worked to reinvent the organization and create p...
Tags: Startups, Entrepreneurship, Trends, Vc, Innovation, Venture Capital, Detroit, Economic Development, Oakland County, National blog main, Detroit blog main, Detroit top stories, Diversity and Inclusion, Michigan Venture Capital Association, MVCA, EntryPoint


MVCA Report Shines Light on Detroit’s Startup Growth and Challenges

For roughly the past five years, Detroit’s tech startup ecosystem has been growing at a rapid pace. However, accounts have differed as to just how much growth has occurred. A recent report by the Michigan Venture Capital Association (MVCA) attempts to shine a light on the subject while detailing a couple of key findings. According to the MVCA’s report, there are currently 35 venture-backed startups in Detroit, representing about 25 percent of all VC-backed startups in Michigan. In the pas...
Tags: Startups, Entrepreneurship, Trends, Vc, Innovation, Venture Capital, Michigan, Detroit, Ludlow Ventures, Detroit Venture Partners, Fontinalis Partners, National blog main, National top stories, Detroit blog main, Detroit top stories, NextEnergy


Arrowhead, Research Cuts, JCI, & More: This Week’s WI Watchlist

Catch up on news from Wisconsin’s innovation community with these recent headlines: —Arrowhead Pharmaceuticals, which is based in Pasadena, CA, but houses its research and development operations in Madison, . This type of agreement, known colloquially as a “poison pill,” is typically aimed at protecting a company’s shareholders in the event of a hostile takeover attempt. Arrowhead (NASDAQ: ARWR) said in a press release that it would give stockholders a right to purchase one one-thousandt...
Tags: Deals, Startups, Trends, Cms, Vc, Wisconsin, Nih, 3m, JCI, Pasadena CA, Redox, Johnson Controls, Centers For Medicare And Medicaid Services, National Institute of Health, Medical College of Wisconsin, Epic Systems


Michigan Might Hold Lessons for Improving Wisconsin’s VC Climate

Wisconsin and Michigan share a border, but there’s a significant gap between the two states in the amount of money investors are putting into startups based there each year. Following the recent decision to reboot the Wisconsin Venture Capital Association, which happened in part because a Madison, WI-based VC firm has a satellite office in Ann Arbor, MI, now seems like a good time to ask: What lessons can the early-stage business community in Wisconsin take from Michigan to boost the amou...
Tags: Startups, Trends, Vc, Wisconsin, Michigan, National Venture Capital Association, University Of Michigan, Ann Arbor, Uw-madison, National Science Foundation, Badger State, WEDC, NVCA, MEDC, Wisconsin Economic Development Corp, National blog main


Ridesharing Startup SPLT Wins Accelerate Michigan’s $500K Prize

SPLT, the Detroit-based enterprise carpooling service and graduate of the Techstars Mobility program, walked away with the $500,000 grand prize at this year’s Accelerate Michigan Innovation Competition, the state’s largest annual startup event, held last week in Detroit. In an email to supporters, SPLT CEO Anya Babbitt described the company’s reaction to the win: “Thursday night was a dream for us at SPLT,” she wrote. “If you were there, you could see that [co-founder and CTO Yale Zhang] an...
Tags: Startups, Mobile, Entrepreneurship, Trends, It, Vc, Software, Innovation, Venture Capital, Michigan, Allergan, Biotech, Detroit, Cto, Healthtech, University Of Michigan


Accelerate Michigan 2016: One Day, One Location, 36 Semi-Finalists

The 36 semi-finalists competing in the annual Accelerate Michigan Innovation Competition, the state’s largest business plan competition targeting mid-to-late-stage startups, have been announced. Although this year’s edition, overseen by Invest Detroit for the first time, has been helpfully streamlined to one day and one location, still at stake is more than $1 million in cash prizes and in-kind services (legal, marketing, creative, etc.). More than that, Accelerate Michigan winners are usua...
Tags: Google, Startups, Entrepreneurship, Trends, Innovation, Michigan, Detroit, University Of Michigan, Cobo Center, National blog main, National top stories, Detroit blog main, Detroit top stories, Xconomy, SPLT, Invest Detroit


MVCA Report Reveals Strengths, Weaknesses of MI’s Capital Community

The Michigan Venture Capital Association (MVCA) hosted a town hall meeting in downtown Detroit Tuesday to discuss the contents of its annual report, which takes a deep dive into the state’s venture investing ecosystem to get a sense of the current landscape and how it compares not only to past years, but the rest of the country. The good news is that local VCs now have 15 years of solid data confirming the importance of VC firms, venture-backed startups, and angel investors to Michigan’s ec...
Tags: Startups, Entrepreneurship, Trends, It, Vc, Innovation, Venture Capital, Michigan, Women In Tech, Detroit, Economic Development, National Venture Capital Association, Life Sciences, Legislature, Lansing, Brosnan