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The Michigan Economic Development Corporation (MEDC) just announced that it has awarded $3 million from the Michigan Strategic Fund to the Michigan State University Foundation to be used in a pre-seed fund targeting high tech startups at the earliest levels.
The pre-seed fund will be for both startups emerging from the MSU ecosystem, as well as for those in the state at large. For eligibility requirements, visit msufoundation.org.
Learn more in this morning’s WJR Business Beat segment below:
“The pre-seed fund will be available to a broad array of startups, with no specific industry sector as long as they’re high tech, fast growth, and as long as they’re committed to staying and growing right here in the state of Michigan.”
– Jeff Sloan
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Tune in to News/Talk 760 AM WJR weekday mornings at 7:11 a.m. for the WJR Business Beat. Listeners outside of the Detroit area can listen live HERE.
This segment is brought to you by Dell Technologies