GRAND RAPIDS - Venture capital investments in Midwest health sciences companies ballooned during the first half of 2016, both in terms of deal flow and dollar value. Investors collectively put $1.04 billion into 218 deals involving Midwest-based health sciences companies between January and June, according to Cleveland-based BioEnterprise. That’s the largest amount and highest deal
GRAND RAPIDS - The trade group for venture capitalists in Michigan wants to form a $100 million fund to match millions in private capital with public investment. Under the proposal that’s being pushed by the Michigan Venture Capital Association, private investors would put $75 million into a fund to seed new venture capital funds, an
LANSING - Michigan lawmakers last week introduced legislation to restore a state angel investment tax credit that would allow an investor to receive a 20-percent tax credit against the state’s personal income tax for qualified angel investments. The two bills were sponsored by state Rep. Jeff Farrington, a term-limited Republican from Macomb County. Farrington’s bills
