MSU Foundation launches $5 million investment arm #DetroitNews

Tom Henderson - The Michigan State University Foundation has formed a $5 million investment subsidiary, Red Cedar Ventures LLC, which will focus on funding Michigan State University-based startups and and providing follow-on, growth-stage capital to existing companies. "We have been working hard to put together a campuswide ecosystem for entrepreneurs that embraces all of the creative talents across the university," MSU President Lou Anna Simon said in a news release. "The creation of these programs addresses

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