BY Tom Henderson
Early stage entrepreneurs in western Michigan have more equity capital to tap into to fund their companies.
The Grand Angels of Grand Rapids have finished raising their third fund of $11.8 million. Their previous funds were
$2 million and $6.8 million. Members of the Grand Angels can also invest in deals individually alongside the fund.
Members of the Michigan Capital Network, which includes the Woodward Angels in Detroit, the Flint Angels and the
Ka-Zoo Angels in Kalamazoo, can also co-invest in deals with the fund.
The Grand Angels provides back-office and due-diligence support to members of the other angel groups in the
network.
Read the full article on Crain’s website.