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Ann Arbor Spark

February 16, 2009

Pre-Seed Fund Makes 3 More Investments

3 start-ups receive $680,000 from state fund

The Michigan Pre-Seed Capital Fund has made three more investments. They are:
Creative Byline of Holland
SenSound in Detroit
Biotectix in Ann Arbor

These investments are 29, 30 and 31 for the fund. It’s pretty impressive this little fund can make 31 investments in two years.
Yes there is still capital that can be deployed. More than $1million. There are currently 7 companies under review. Demand is not decreasing. Ann Arbor SPARK is applying for several million dollars more. Let us know if you want to give us a letter of support.

Biotectix web site
Company overview

SenSound web site
Business description

Pre-Seed Fund Press Release
Announcement of these 3 investments