Michigan’s venture capital industry needs to accelerate its growth even after the steady progress it has made in the last decade.
The number of venture capital-backed startup companies based in West Michigan grew 20 percent over the last three years.
The restoration of an angel tax credit in Michigan looks doubtful before the present legislative term expires at the end of the year.
Reda Jaber could have gone in a few directions after graduating in 2014 from the University of Michigan with a trio of graduate degrees.
The trade group for venture capitalists in Michigan wants to form a $100 million fund to match millions in private capital with public investment.
Venture capital firms in Michigan do better than their counterparts nationally, but women and minorities still account for a small number of investment professionals who work in the industry and the entrepreneurs it supports.
Venture capital investing in Michigan maintained a steady growth trajectory in 2015, but industry executives see some potential headwinds beginning to emerge for the sector.