MEDC Provides $6.8 Million To MIchigan Pre-Seed Fund – Will Other Economic Development Groups Get Funded As Well?
LANSING ? The Michigan Pre-Seed Capital Fund, administered by Ann Arbor SPARK, will get a $6.8 million shot in the arm from the Michigan Economic Development Corp., which did an about face Wednesday and invested in an economic development group, rather than directly in a company. The money was approved by the MEDC?s Strategic Economic