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Venture Capital

In a span of four years, nearly $700 million in venture capital has been invest in over 100 businesses in Michigan. For new emerging technology initiatives, Michigan has created the $150 million Venture Michigan Fund to catalyze investment in early-stage firms operating in Michigan. With the matching requirement, this initiative will attract an additional $450 million in capital to Michigan for investment in promising new companies.


Josh Lin mural

Bucking national trends, venture capital on the rise in Michigan

Once upon a time, venture capital in Michigan was small and inconsequential. Today it's powering the Great Lakes State's new economy, growing at a time when the industry has shrunk. In this special report, we take a long look on what that means for our local entrepreneurial ecosystem.


Flower child capitalists turn low-profit company into gazelle startup, ardentCause

ArdentCause was launched with its co-founders resources and a few grants. Today, the social enterprise is on track to becoming a $1 million company.


Can local crowdfunding startups compete in a crowded field?

Ten years ago the concept behind crowdfunding barely existed. Today, it's a mainstream source of investment for businesses, artists, communities and real estate. Which means, a new, growing industry of crowdfunding platforms has taken root in metro Detroit. 

Elizabeth Garlow

More than just profit: Social entrepreneurs and the challenge to find investors

Some people want to make money. Others want to change society for the better. Social entrepreneurs want to do both. But in the Darwinian world of venture capitalism, convincing investors to compromise on profits for greater social good can be a tough sell. Metromode looks at how socially oriented startups can bridge that gulf.


Will Metro Detroit's Tech Community Ever Be Color Blind?

Metro Detroit has a long history of cultural silos and regional segregation. So how does its tech and entrepreneurial community create opportunites for greater racial and cultural diversity? There's no easy answer but places like Silicon Valley are implementing aggressive and sustained efforts to bridge a divide local business leaders barely acknowledge.
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