Michigan eLab said it is a" full venture capital fund that can support a startup beyond the seed round and all the way through to final liquidity.
Members of the University of Michigan community have set up Michigan eLab in cooperation with the University, which is running a venture fund.
Michigan eLab said it is a" full venture capital fund that can support a startup beyond the seed round and all the way through to final liquidity. eLab also provides formal training in entrepreneurship and shared resources to improve capital efficiency for young companies."
The company was set up by Rick Bolander, Scott Chou, Doug Neal, and Bob Stefanski . Bolander and Stefanski are University of Michigan alumni, Neal has been the executive director of the University of Michigan Center for Entrepreneurship since 2009, while Chou has been focussed for the last ten years on spinning innovations out of research organizations including the University of Michigan.
