The Renaissance Venture Capital Fund is a Michigan-based fund of funds that supports the growth of venture capital in Michigan while serving as a bridge between Michigan’s emerging innovation company community and its strong industrial and commercial base.
Through its investment in top tier venture firms that are active in Michigan, as well as its own co-investments in emerging Michigan companies, the Renaissance Venture Capital Fund is helping to drive forward both innovation and growth of emerging companies in the state.
The fund had its first “hit” as one of the venture capital funds it invested in then invested in a company that got sold to Becton Dickinson. The payout will go to investors in the fund showing that you can actually make money investing in economic development.