Program Announcement

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ADVANCE Grant Proof-of-Concept Fund Launches at MSU

The MSU Innovation Center is proud to manage and administer the ADVANCE Grant Program sponsored by Michigan Economic Development Corporation (MEDC) on behalf of all public universities throughout the State of Michigan. This university early stage proof-of-concept fund is designed to closely align with other programs (e.g. MTRAC, T3N, First Capital Fund), as well as angel and venture capital within the State to provide a pipeline of de-risked technologies and fundable startup opportunities for further advancement.

Michigan State University Foundation Launches $5M Venture Fund, Red Cedar Ventures LLC

The Michigan State University Foundation (MSUF) announced today the formation of its new, $5M venture investing subsidiary, Red Cedar Ventures. Its newest program features both a pre-seed fund and an opportunity fund focused on helping Michigan State University-based startups and technologies overcome critical funding gaps, accelerate growth, and provide follow-on, growth-stage capital.

Mercedes Benz Financial Joins Forces with MSU

Mercedes Benz Financial is modernizing with innovative, entrepreneurial students at Michigan State University. What began as a meeting with MSU's Business-CONNECT to explore collaboration became a project with the Institute for Entrepreneurship & Innovation at MSU’s Broad College of Business and Lansing Economic Area Partnership to develop out-of-the-box ideas for the Mercedes Benz brand.

MSU Launches Minor in Entrepreneurship

Michigan State University launched a campuswide minor in entrepreneurship and innovation this week.

“Michigan State is committed to creating an entrepreneurial culture on campus and preparing our students to solve the world’s most pressing problems in innovative ways and to embark on careers that won’t resemble those of the past,” said Neil Kane, who started July 1 as MSU’s first director of undergraduate entrepreneurship.

MSU pairs with ExxonMobil to advance biofuel research

A new $1 million relationship between Michigan State University and ExxonMobil will expand research designed to progress the fundamental science required to advance algae-based fuels.

David Kramer, MSU’s John Hannah Distinguished Professor in Photosynthesis and Bioenergetics at the MSU-DOE Plant and Research Laboratory (PRL), says that the overall goal of the partnership is to improve the efficiency of photosynthesis in microalgae to produce biofuels and bioproducts.

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