Investment Funds for U-M Startups

Accelerate Blue Fund

• Milestone-driven Investments ($25k – 300k through convertible instruments)
• Run by Innovation Partnerships

Biomedical Venture Fund

• Biomedical focus
• Milestone-driven Investments ($50k-$300k through convertible instruments)
• 10 investments
• Jointly run by Engineering & Medicine

Osage University Partners

• U-M is limited partner in venture fund focused on university startups
• Invests through primarily through sharing in U-M’s participation rights
• 6 investments in U-M startups
• Typically does not lead

Michigan Investment in New Technology Startups (MINTS)

• Run out of U-M Investment Office (Endowment); launched in 2011
• Invest up to $2.5M per round ($5M total per company)
• Typically preferred stock investments; following lead investors
• Over 30 investments