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Charlie Moret, managing director of technology-based entrepreneurship at Detroit's TechTown, has been chosen by the Michigan Economic Development Corp. as president and CEO of a new organization, Invest Michigan, which will run the Michigan Pre-Seed Capital Fund.

The fund, which typically invests $250,000 in promising startup technology companies, had been managed by Ann Arbor Spark.

Image: Charlie Moret, TechTown