Screening Criteria

The following criteria are used to identify and screen potential investment opportunities.

Minimum Requirements

  • Must be located in Michigan
  • Must be an early-stage company
  • Must be in one of the following sectors: life sciences technology; advanced automotive, manufacturing and materials technology; homeland security and defense technology; or alternative energy technology

Desirable Characteristics

Companies strongly displaying the following characteristics will be given preference in consideration for further review and evaluation.

  • Strong intellectual property
  • Large market opportunity
  • Strong management team
  • Clear path to profits
  • Scalable business model
  • $1 million to $2 million investment requirement
  • Measurable milestones
  • Reasonable time to market (1 to 2 years)

If your company fits our minimum requirements and desirable characteristics and you would like to be considered for funding via MAF-1, please fill out our Online Application Form on