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MSU Research Foundation outlines statewide startup supports, highlights PitchMe and portfolio growth
Summary
MSU Research Foundation leaders told the House committee about programs that support university spinouts and startups across Michigan — including Spartan Innovations, the Conquer Accelerator, PitchMe ($2 million prize pool), and investment vehicles like Michigan Rise and Red Cedar Ventures — and discussed retention challenges and policy options.
Leaders of the MSU Research Foundation told the House Committee on Economic Competitiveness about a suite of programs designed to commercialize university inventions and support high‑growth startups statewide.
"We serve the entire state," said Dave Washburn, CEO of the MSU Research Foundation, describing the group's mission to bridge the "valley of death" between invention and market and to provide venture-creation services such as Spartan Innovations and accelerator programs.
Pete Martin, director of…
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