SPARK Capital provides fuel for Michigan startups to thrive and help grow our state’s economy.

We provide early-stage investment capital to promising Michigan-based high-tech startups. Since 2007, we’ve invested in more than 200 Michigan companies, becoming one of the leading sources of capital for our state’s startups.

Michigan Entrepreneurs

We help talented Michigan entrepreneurs get to the next level.

Technology Companies

High-tech startups have an outsized impact on our economy.

Community Funder

We partner with every entrepreneurial ecosystem in Michigan for success.

20 Years of Success

We’re one of the original early-stage investment funds in Michigan.

We’ve supported promising Michigan startups for nearly 20 years.

56%
diverse founders
$32M
total deployed
$1.1B
dollars leveraged
200+
startups supported
67
active investments
43
exits

Featured Clients From Our Investment Portfolio

Funding Startup Stage Companies

Criteria for Funding

SPARK Capital is designed to help the most promising high-growth technology startups in Michigan by investing $100k-$250k in pre-seed and seed rounds alongside private co-investors.

Michigan-Based Companies

HQ and majority of employees based in Michigan.

Technology Companies

Eligible companies must produce technology goods or services.

Private Co-Investors

Must have private co-investors as part of round.

For-Profit Company

Must be a for-profit entity.

Defensible Product/Solution

Customer-validated value proposition secured by intellectual property.

High-Growth Potential

Compelling and scalable opportunity in large growth market.

Don’t Fit Our Criteria? We Can Still Help

Whether or not we ultimately invest in your company, we want to help you succeed. As a Michigan entrepreneur, you’ll have access to our large network of experienced partner organizations.

MI-SBDC Tech Team

Team of former entrepreneurs who provide free consulting services.

Michigan Rise

Provides early-stage funding and expertise for MI startups.

ID Ventures

Provides early-stage funding and expertise for Michigan companies.

SPARK Client Services

Ann Arbor SPARK is a community resource that helps drive economic growth in service of prosperity for all.

Application Process

Here’s a brief overview of our application, review, and funding process.

Submit Application for Funding

Complete our application and upload your pitch deck, executive summary, and financial model.

Initial Review of Application

We’ll do an initial review to determine whether the company meets our criteria.

Initial Meeting with the Company

If company appear to meet our criteria, we’ll schedule an initial meeting to learn more and determine fit.

Due Diligence

If we proceed, we’ll ask for company materials and references to further our evaluation.

Investment Review Board

For select companies, a funding proposal is submitted to our Investment Review Board for approval.

Investment Terms & Documents

Investment terms are agreed upon and documents are drafted and executed.

Funding

Investment funds will be disbursed after execution of documents.

Ongoing Partnership

We’ll stay in regular contact and support your company as it grows.

Fit Our Criteria? Apply for SPARK Capital Funding.

If you believe your startup aligns with our investment criteria, we encourage you to apply. We’ll do our best to review your application in a timely manner and respond.

Do you need other help on your journey?

Our Entrepreneurial Services team at SPARK has a wealth of expertise and resources to help you navigate your startup journey.

Frequently Asked Questions

  • Convertible Notes, SAFE Notes, and Preferred Equity.

SPARK Capital News

Check out our latest news including new investments, portfolio company shout-outs, and ecosystem happenings.

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