Three Michigan companies recently received investments from the Michigan Pre-Seed Capital Fund, totaling $585,000. To date, the Michigan Pre-Seed Capital Fund, a collaborative effort of Michigan's SmartZones, has awarded 63 Michigan companies with seed funding totaling more than $14 million.
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The Michigan Pre-Seed Capital Fund companies have attracted more than $18 million in matching grant and equity funds. In 2011, the Michigan Pre-Seed Capital Fund made 12 investments totaling $2.4 million, matched with more than $2 million in investments and grants. Combined, the Michigan Pre-Seed Fund investments have helped to create more than 100 jobs in Michigan.
To read the full, original article click on this link: Michigan Pre-Seed Capital Fund Invests $585,000 in Three Start-Ups - MarketWatch
