Michigan Innovation Fund
Funding Amount
$60,000,000
Deadline
Deadline not published
Grant Type
Foundation
Deadline history & next window
- Cycle
- One-time opportunity
- Tracked since
- April 2026
Source: the cycle recorded on this listing. Confirm dates with the funder.
Overview
A $60 million state program created through House Bills 5651, 5652, and 5653, signed into law by Governor Gretchen Whitmer on January 13, 2025. The program creates self-sustaining nonprofit early-stage venture funds and strengthens Michigan's entrepreneurial ecosystem.
Total Funding: $60,000,000
Geographic Scope: Michigan, US
Legislation: House Bills 5651, 5652, 5653
Sponsors:
- Representative Alabas Farhat (D-Dearborn)
- Representative Jason Hoskins (D-Southfield)
- Representative Greg VanWoerkom (R-Norton Shores)
Program Goal: Create self-sustaining nonprofit early-stage funds
Key Partner: Michigan State University Research Foundation
Purpose: Provide critical funding to strengthen Michigan's startup ecosystem and early-stage venture support
Contact Information:
- East Lansing: 325 E. Grand River Ave. Suite 275, East Lansing, MI 48823
- Grand Rapids: 109 Michigan St NW Suite 414, Grand Rapids, MI 49503
- Detroit: 2050 15th St., Detroit, MI 48216
- Website: msufoundation.org
What Michigan State University Research Foundation actually gave
Source: IRS Form 990, 2025
- Grants in 2025
- 23
- Total given
- $12.69M
- Median grant
- $18K
- Range
- $8,695–$12.16M
- By dollars: Michigan >99%, Ohio <1%. Top recipient cities: Grand Rapids, MI; East Lansing, MI; Columbus, OH.
- 0% of grants with a stated purpose were for general or operating support.
Example grants
Michigan State University Board of Trustees · East Lansing, MI
Support university
$12.16M
The Ohio State University · Columbus, OH
Nsf engines subrecipient
$53K
Reel Free LLC · Lowell, MI
Startup support
$50K
Vetr Health LLC · Grand Rapids, MI
Startup support
$44K
Carbon Stealth Design LLC · Ada, MI
Startup support
$42K
Focus Areas & Funding Uses
Fields of Work
- Startups
- Small businesses
Categories
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