TRAVERSE CITY - On Tuesday, at the Traverse City Business Expo, Traverse Angels officially opened its doors for business. The private equity finance group is looking for fundable comapanies in Northern Michigan and to tap what founder Robert Ochtel said was an untapped source of funds from high net worth individuals who live in this more rural area of Michigan. To learn more, listen to this News Maker Interview.
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DETROIT - The Ann Arbor Angels, who were formed three years ago to provide early seed capital for Washtenaw County technology and life sciences start ups, now will take a look at deals coming from Detroit’s TechTown, and Troy-based Automation Alley. Michael Cole, Ann Arbor Angels Executive Director, talks about the groups broader investment horizons in this News Maker Interview.
KALAMAZOO - First Angels, a private equity finance group set up by Southwest Michigan First, has made its first investment, a mid to high six figure deal in an undisclosed life sciences company in the Kalamazoo area. First Angels Managing Director Paul Neeb provides more details in this Newsmaker Interview.
