Michigan Innovation Fund
Funding Amount
$60,000,000
Deadline
Rolling / Open
Grant Type
foundation
Overview
Michigan Innovation Fund
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:
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
Status: Signed into law January 13, 2025
Contact Information:
Focus Areas & Funding Uses
Fields of Work
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