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Office Locations:
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Michigan Small BusinessDevelopment Center, Seidman College of Business
50 Front Street
Grand Rapids, MI 49504
Phone: 734-462-4629
Fax: 616-331-7485
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Information Technology
Life Sciences & Healthcare
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The Michigan Emerging Technologies Fund (the ETF) is designed to expand funding opportunities for Michigan technology based companies in the federal innovation research and development arena. Since 2008, the Michigan Small Business Development Center (MI-SBDC) in partnership with the Michigan Economic Development Corporation (MEDC) has dedicated $7.28 million to match federal SBIR/STTR funding opportunities for exceptional research and technical innovation generated in Michigan. The ETF will match both Phase I and Phase II SBIR/STTR awards until funds are exhausted. The State Headquarters, located at Grand Valley State University, supports 12 regional offices and over 30 satellite offices, each providing counseling and training to small business owners and entrepreneurs throughout the 83 counties in Michigan through a cooperative agreement with the U.S. Small Business Administration.
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Investment Firm Key
VC = Venture Capital
PE = Private Equity
A = Angel
I = Incubator
MB = Merchant Bank
VD = Venture Debt
FI = Family Investment Office
FOF = Fund of Funds
ED = Economic Development Office
TT = Technology Transfer Office
CVC = Corporate Venture Capital
SEC = Secondary Purchaser
HF = Hedge Fund/Mutual Fund
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| COMPANY STAGE | REVENUE |
| Venture Capital | |
Seed Stage
(includes "pre-seed," or
concept stage) | No Revenue |
| Early Stage | Minimal
Revenue |
Growth Stage
(also called Mid-stage) | $2M-$7M |
Expansion Stage
(also called Late-stage) | $7M and greater |
| Private Equity | |
| Lower Middle Market | $10M-$249M |
| Middle Market | $250M-$499M |
| Upper Middle Market | $500M-$1B |
| Large Cap | >$1B |
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