Rick Bolander | Crain's Detroit Business

Silicon ... Michigan? Founders of VC fund whose hearts are here hope to build bridge to the Valley By Tom Henderson


Michigan eLab founders (standing, from left) Rick Bolander, Doug Neal and Bob Stefanski gather with staff in incubator space that the venture capital firm uses in Ann Arbor.        

The business model for one of the state’s new venture capital firms can be summed up as simply as this: Silicon Valley meets Michigan. That refers to Michigan, the state, and the University of Michigan, the university with $1.3 billion in research spending a year and spinoff companies looking for...Read the rest of this entry...