Follow the Money: Startups and VCs Should Pay Attention to Michigan

Fact: $179 million in venture capital was invested in 68 Michigan startups in 2017 – a 100 percent increase over the last five years. And, every $1 invested in a Michigan startup by a Michigan-based venture capital firm attracts $3.83 of investment from outside of Michigan. To date, Michigan has the highest research spending-to-venture capital investment ratio in the country.



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