About Michigan Accelerator Fund I

Michigan Accelerator Fund I
is an investment partnership
headquartered in Grand Rapids,
Michigan. The Fund size is
$15.1 million: $6 million
invested by the State of
Michigan, and more than
$9 million from individual
and institutional investors.

While the purpose of this
venture capital fund is to achieve significant, long-term capital appreciation for our investors, MAF-1 is contributing significantly to the growth of the Michigan economy.The Fund invests in Michigan-based, early stage companies in six target sectors: advanced manufacturing, life sciences technology, homeland security, alternative energy technology, information technology, and agriculture. MAF-1 focuses primarly on life sciences technology opportunities.

MAF-1 represents a collaborative approach by key players in the West Michigan community in order to leverage infrastructure and create a continuum of capital for entrepreneurs. The Fund is supported by leading West Michigan investors, research organizations and socio-economic stakeholders including Van Andel Research Institute, Hope River Ventures, Grand Angels, Grand Valley State University, Michigan State University, The Right Place Program, and Lakeshore Advantage.