VC  Michigan Investment in New Technology Startups

http://www.cfe.umich.edu/resources/mints





     Office Locations:

The Center for Entrepreneurship, 3350 Duderstadt Center
2281 Bonisteel Blvd.
Ann Arbor, MI 48109
Phone: 734-763-1021

 

Stages:

  • Seed


 

Industries:

  • Electronics & Advanced Materials
  • Information Technology
  • Software & Internet

  •  

    Description:

    The Michigan Investment in New Technology Startups (MINTS) initiative is a $25M venture fund for the University of Michigan to leverage commercialization efforts by the Office of Technology Transfer (OTT) for investment purposes while demonstrating support for University of Michigan start-ups. Eligible startups are those that have licensed technologies that originated in faculty labs. Once a startup has secured an initial round of funding from a qualifying independent venture capital firm, it will be eligible under MINTS to receive up to $500,000 of university financing. The program will be managed by the University's Investment office, with the support of OTT and the General Counsel's Office, as part of the University's long-term portfolio of investments.



    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
       
       
       
    COMPANY STAGEREVENUE
    Venture Capital
    Seed Stage
    (includes "pre-seed," or
    concept stage)
    No Revenue
    Early StageMinimal
    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
       
       
     

    Investment Team:


    Name   Title
    Get the complete investment team + individual email addresses for investment team partners. Get personal images, LinkedIn links, investment specialties, office locations and more with a National Database subscription.
    Aaron Crumm Entrepreneur in Residence
    Boyd Falconer Director
    Kelly LaPierre Managing Director
    Tom Frank Executive Director

     

    Portfolio companies include:

     

    Recent News:


      There is no recent news for Michigan Investment in New Technology Startups.