Whether it’s clean tech, biomedical engineering, manufacturing or agro-bio, Michigan venture capital continues to grow across the state. Take a look at this infographic for stats over the last 10 years. Visit http://www.MichiganBusiness.org
Venture Capital in Michigan: A Growing Opportunity
1. Materials Science
Transportation
Biomedical Engineering
Adv. Materials
Battery
Agro-Bio
Photonics
Materials
Medical Device
Therapeutics
Software / IT
Adv. Manufacturing
Adv. Materials
Biomedical Engineering
Clean-Tech
Defense
Software/IT
Transportation
Therapeutics
2002
2013
vs.
State
Ranking
State
Ranking
25
11 $4 Billion
under management
$520 Million
under management
50 Companies
in ecosystem
1,200 Companies
in ecosystem
THEN & NOW: 2002–2013
OVER THE PAST 10 YEARS
15x
increase in deal flow
MI has invested $1 billion
state-program dollars in 30 VC funds
The state invests $25 Million a year to
de-risk early stage technology companies
MICHIGAN PRIDE
6 MILES
#2
Never > 6 miles from one of 11,000
inland lakes or the 3,000 miles of
Great Lakes shoreline
Home to Motown Records, Madonna,
Eminem, Kid Rock, Jack White and many
other great musicians and artists
University of MI is #2 worldwide in
research spending
Accelerate MI: $1mm tech business-plan
competition
1,300 miles of bike trails leave ample
room for pedaling through our forests
and hills
Detroit Institute of Art (DIA) is a Top 10
art museum
VENTURE CAPITAL IN MICHIGAN
A GROWING
OPPORTUNITY
Find out more:
Visit: www.Michiganbusiness.org
Call Michael Flanagan: (734) 679-6370