DETROIT — Three companies in TechTown’s Thrive business accelerator program have secured startup capital from the State of Michigan.
The Michigan Pre-Seed Capital Fund Investment Program matched $250,000 in startup capital raised by Angott Medical Products, and matched $210,000 in startup capital raised by Clean Emission Fluids.
To qualify, both companies successfully completed the concept development and analysis phase of their business plans, and achieved specific commercialization milestones.
Similarly, TechTown clean-tech company ENRG Power Systems LLC secured a $50,000 loan from the Michigan Pre-Seed Capital Fund Micro Loan Program.
To read the full, original article click on this link: Michigan Pre-Seed Capital Fund Fuels Growth Of TechTown Startups « CBS Detroit
