DETROIT – Twenty-four semi-finalists were announced Monday for the 10th annual Accelerate Michigan Innovation Competition where the top prize is $350,000.
The semi-finalists were drawn from nearly 300 registered companies. These semi-finalists will have the opportunity to meet-on-one with investors to discuss their business proposals. Judges will then select six finalists to present live at a seated dinner to more than 400 investors, entrepreneurs and community leaders on November 13 at the State Savings Bank in Detroit.
“The selected semi-finalists showcase the momentum of Michigan’s entrepreneurial ecosystem over the past decade,” said Martin Dober, senior vice president and managing director of ID Ventures. “Each year, we see more incredible talent and companies that are transforming the way legacy industries operate. We are proud to support the development of these Michigan-based companies that will continue to drive our economy and shine a national spotlight on the innovation happening in the state.”
The pitch competition supports Michigan’s entrepreneurial ecosystem by offering entrepreneurs the opportunity to showcase their companies to investors while building connections with entrepreneurs, business acceleration resources and experts in their sector during carefully curated individual meetings. Since its launch in 2010, Accelerate Michigan Innovation Competition semi-finalists have created over 1,300 jobs and attracted more than $900 million in additional investment. Top awards include a grand prize of $350,000, second prize of $150,000 and third prize of $50,000.
In addition to ID Ventures, significant sponsors of the event include Ralph C. Wilson, Jr. Foundation, Invest Michigan, William Davidson Foundation and Belle Michigan Impact Fund, among other corporate and startup leaders across Michigan.
2019 Accelerate Michigan Innovation Competition Semi-Finalists
Tickets are now available and priced at $150 each. To purchase tickets, click here. Press interviews and photo opportunities are available.