Overview

The Michigan Pre-Seed Capital Fund supports high-tech start-up companies in Michigan as they near commercial viability by providing access to early-stage capital investment to accelerate company development. Michigan SmartZones, including the Richard M. and Helen DeVos Center for Entrepreneurship & Innovation (#14 on the map), will review funding applications.

Eligibility

Eligible companies have less than $1 million in revenues and less than $1 million in 3rd party funding. 100% matching funds from a third party source are required. Eligible companies will need to be past the concept development and analysis phase.

Funding Levels

Application Process

The Pre-Seed Capital Fund will accept applications at any time. Requests, if complete, will be forwarded for review within one week.

The submission package must include:

• Business Plan (maximum 30 pages) including:
  • Company overview
  • Market information
  • Operations
  • Product description
  • Summary of Management talent
  • Use of funds
  • Strategy for future funding/financing
• Separate  financial workbook including:
  • Current balance sheet
  • 12 month P&L projection
  • Multi-year cash flow projection
• Bio/resume of founder and top management team (2 pages maximum for each)

Submit all documents and contact information to cei@gvsu.edu with a message briefly describing your business and how you intend to use the capital.

Contact Info & Questions

Kevin McCurren
Executive Director, Richard M. and Helen DeVos Center for Entrepreneurship & Innovation
mccurrke@gvsu.edu

Shorouq Almallah
Business Accelerator Fund Intake Counselor
almallas@gvsu.edu