Michigan Rise Pre-Seed Fund III
Venture Capital
Investment
Pre-Seed
Funding Details
Amount Available
$100,000 - $250,000
Typical Award
$100,000 - $250,000 per company
Description
A strategic venture fund established in partnership with the Michigan State University (MSU) Research Foundation and the Michigan Economic Development Corporation (MEDC), dedicated to supporting Michigan-based tech entrepreneurs. As of May 2022, Michigan Rise has invested $5.8 million across 50 investments in 38 startups, leveraging nearly $700 million in follow-on funding.
Eligibility Requirements
- Must be based in Michigan
- Majority of employees must reside in Michigan
- Early-stage technology companies
- High growth potential
- Aligned with MEDC's key investment areas
Focus Areas
Life Sciences
Agriculture Technology
Energy
Mobility
Advanced Manufacturing
Information Technology
How to Apply
Apply through the Michigan Rise website. Applications are reviewed based on innovation, market potential, and alignment with investment focus areas.