Detroit Innovate is a seed stage investment fund that fuels the formation and development of high-growth technology companies in the Detroit Region. The Fund assists emerging companies commercializing enabling technologies in the healthcare, information technology, transportation, advanced manufacturing, resource efficiency, and other sectors.
$100,000 - $500,000
Detroit Innovate will make initial investments in early stage, high-growth companies of $100,000 - $500,000 with considered follow-on investments up to a maximum of $1.5 million for qualifying companies.
Southeast Michigan with special concentration in the City of Detroit
Detroit Innovate is focused on scalable technology-based companies in healthcare, information technology, transportation, advanced manufacturing, resource efficiency, and other sectors. The Fund has a desire to be inclusive to businesses owned by women, immigrants, and minorities and businesses with high potential to employ women, immigrants, and minorities.
Detroit Innovate operates as an early stage venture capital fund, investing through equity rounds and convertible notes with warrants/discounts.
Interested applicants are encouraged to submit an executive summary by email to firstname.lastname@example.org
For more information please visit DetroitInnovate.com.