10.31.11 PRESS RELEASE: InvestMichigan! Mezzanine Fund invests in Wixom, Mich.-based DANTOM Systems more
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What is the InvestMichigan! Program?
The InvestMichigan! Program is an initiative that makes capital available to successful entrepreneurs who create jobs in Michigan. Its principal goals are to generate strong returns for investors, provide assistance to growing Michigan companies, attract world class investment in the outstanding companies already present in Michigan, and encourage investors to locate their portfolio companies in Michigan. Investments are made across a broad range of industry sectors and investment stages, ranging from early-stage venture through mature companies.
What requirements must be met by a company to receive an investment from the InvestMichigan! Program?
In addition to other business and financial requirements, companies receiving funds must:
- Have their corporate headquarters in Michigan;
- Have a significant presence in Michigan, or
- Be in the process of planning an expansion in or relocation to Michigan
Who are the InvestMichigan! Mezzanine Fund Managers?
Do the InvestMichigan! Mezzanine Fund Managers have a presence in Michigan?
Yes. GCM Grosvenor Private Markets has a regional office in Birmingham and Beringea is headquartered in Farmington Hills.
How do I submit a business plan?