Site icon The Michigan Chronicle

Semi-finalists announced for the 8th annual Accelerate Michigan Innovation Competition



36 high-tech startups offering groundbreaking ideas in consumer products, healthcare, IT, mobility and more, to compete for $1 million in cash and prizes
DETROIT – The stage is set for the 8th Annual Accelerate Michigan Innovation Competition, the state’s largest convening of high-growth, high-tech companies and venture investors. Today, 36 innovative startups from a variety of high-growth sectors including advanced materials, manufacturing, alternative energy, business services, consumer products, information technology, life sciences/healthcare, media, mobility and more, learned they are this year’s semifinalists.
“We are extremely impressed with the diverse and creative entries that came to us from across the state and we’re excited to unveil an outstanding new crop of competitors,” said Martin Dober, Vice President of Invest Detroit and Managing Director of Invest Detroit Ventures. “This competition has the potential to be life changing for these businesses. It is truly rewarding to help put promising young startups on a trajectory toward success.”
Each year, the Accelerate Michigan Innovation Competition showcases the start-up innovation happening throughout Michigan and provides startups with the exposure, funding, and mentorship they need. This year’s event, which will take place Nov. 16 at the historic Masonic Temple in downtown Detroit is fueled by significant support from the Ralph C. Wilson, Jr. Foundation. The metro Detroit-based philanthropic organization provided a $250,000 grant and will serve as the program’s Title Sponsor. Since the competition’s inception, participating companies have generated more than 1,000 jobs in Michigan and raised more than $550 million in capital.
The 2017 Semifinalists represent Ann Arbor, Detroit, Grand Rapids, Lansing, metro Detroit and Michigan’s Upper Peninsula. Company names and brief description are listed below.
2017 Accelerate Michigan Innovation Competition Semifinalists:

A direct to consumer clothing brand, reinventing professional apparel with sweat-proof technology

About the Accelerate Michigan Innovation Competition
The Accelerate Michigan Innovation Competition is the state’s largest convening of high-growth, high-tech companies and venture investors, and awards $1,000,000 in prize offerings. Since its inception, participating companies have generated 1,000+ Michigan jobs and raised more than $550 million in capital. Now entering its eighth year, the competition has featured notable grand prize award winners including: SPLT (2016), Banza (2015), SkySpecs (2014), Varsity News Network (2013), Algal Scientific (2012), DeNovo Sciences (2011) and Armune Biosciences (2010). Through the strong support of partners, collaborative investors and a burgeoning tech sector, Accelerate Michigan is recognized as a pillar of the local startup community. The annual event is made possible by grants and sponsorships from the New Economy Initiative and the Michigan Economic Development Corporation’s 21st Century Jobs Fund, as well as significant corporate and community support. Accelerate Michigan is a program of Invest Detroit Ventures, an early stage investment platform powered by Invest Detroit.
To learn more about Accelerate Michigan, visit acceleratemichigan.org. Tickets for the November 16 competition can be purchased HERE.
 

This website uses cookies.

This website uses cookies.

Exit mobile version