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The Michigan Economic Development Corporation

North America, Michigan, United States, Lansing

Description

MEDC focuses on promoting economic development and create jobs.

Investor Profile

The Michigan Economic Development Corporation has made 14 investments, with 0 in the past 12 months and 93% as lead.

Stage Focus

  • Grant (100%)

Country Focus

  • United States (86%)
  • Canada (7%)
  • Germany (7%)

Industry Focus

  • Manufacturing
  • Business Development
  • Information Technology
  • Software
  • Finance
  • Non Profit
  • Enterprise Software
  • Cloud Data Services
  • Developer Tools
  • Robotics
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does The Michigan Economic Development Corporation frequently co-invest with?

Ann Arbor SPARK
North America, Michigan, United States, Ann Arbor
Co-Investments: 1
Lorient Capital
North America, Michigan, United States, Birmingham
Co-Investments: 1

What are some of recent deals done by The Michigan Economic Development Corporation?

Highland Copper

Longueuil, Quebec, Canada

Highland Copper is a development company focused on advancing sediment-hosted copper projects in the Copper Range District.

Mining
GrantMar 26, 2024
Amount Raised: $50,000,000
SnackCraft

Grand Rapids, Michigan, United States

SnackCraft operates as a snack food manufacturing company.

Food and BeverageManufacturing
GrantFeb 29, 2024
Amount Raised: $400,000
Lucid Motors

Newark, California, United States

Lucid Motors is an automotive company that specializes in electric cars.

AutomotiveAutonomous VehiclesElectric VehicleTransportation
GrantFeb 27, 2024
Amount Raised: $6,000,000
HG Medical

Raisting, Bayern, Germany

HG Medical is an implant manufacturer for orthopedic surgery.

ManufacturingMedical Device
GrantDec 9, 2023
Amount Raised: $1,800,000

Biosciences Research and Commercialization Center (BRCC) is a venture capital investment arm of Western Michigan University (WMU).

Biotechnology
GrantOct 20, 2023
Amount Raised: $5,000,000
InvestUP

Marquette, Michigan, United States

InvestUP is a regional economic organization that improves the upper peninsula economy by promoting and addressing the needs of businesses.

Business DevelopmentCommunitiesNon Profit
GrantOct 20, 2023
Amount Raised: $3,000,000
Ann Arbor SPARK

Ann Arbor, Michigan, United States

Ann Arbor SPARK is Ann Arbor’s engine for economic development.

FinanceNon ProfitVenture Capital
GrantOct 20, 2023
Amount Raised: $5,000,000
Invest Detroit

Detroit, Michigan, United States

Detroit Innovate is an early-stage investment fund focused on private sector financing.

FinanceFinancial ServicesFinTech
GrantOct 20, 2023
Amount Raised: $5,000,000
Crest Marine

Owosso, Michigan, United States

Crest pontoons are boaters and boat builders and makes watercraft, houseboats and recreational models.

ManufacturingReal Estate
GrantNov 22, 2021
Amount Raised: $425,000
Nexient

Newark, California, United States

Nexient is America’s largest 100 percent U.S.-based software services provider.

Big DataInformation TechnologyIT ManagementMobile AppsOutsourcingSoftwareUX Design
GrantMar 27, 2018
Amount Raised: $1,500,000