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Monday, May 20, 2019
Dale Grogan, managing director of Michigan Accelerator Fund I (MAF-I), knows what startups and early-stage companies are going through. As the founder and owner of numerous businesses, he’s been there himself, raising more than $30 million in funds.
Now, he’s using his background and expertise to help business owners and investors bring their own hard work to commercialization.
Supported by the Michigan Economic Development Corporation’s Entrepreneurship & Innovation Initiative, MAF-I is a venture capital fund that invests in early-stage, Michigan-based companies focusing on life sciences technologies. Using its knowledge and network, MAF-I staff also help these companies find the right connections to grow even further.
Dale shares three takeaways on what investors want to hear in entrepreneurs’ presentations and how startups can benefit from better knowing their audience. In addition to the three takeaways in the video, Dale provided a few additional tips for those hoping to take their idea from concept to commercialization:
If you’ve got a high-tech start-up idea you’d like to explore further and don’t know where to start, contact the Michigan Economic Development Corporation’s Entrepreneurship & Innovation Initiative at 888-522-0103 or visit https://www.michiganbusiness.org/entrepreneurship.
To contact a business development specialist, click here or call 1.888.522.0103.