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Accelerate Michigan Innovation Competition
AddedFeb 16, 2024
UpdatedJun 28, 2026
Accelerate Michigan Innovation Competition

Accelerate Michigan Innovation Competition

Operating

Accelerate Michigan: A global business contest connecting innovative entrepreneurs with investors for growth.

Founded
2010
Firm
Compare
Portfolio
Employees
Website

Accelerate Michigan Innovation Competition is a program of ID Ventures that supports Michigan's entrepreneurial ecosystem. The competition offers entrepreneurs the opportunity to showcase their companies to investors, focusing on mid-to-late seed-stage businesses. It aims to connect innovative startups with local, national, and international investors, fostering growth within Michigan.

The competition provides a platform for entrepreneurs to build connections with business acceleration resources and sector experts through curated individual meetings. Notable portfolio companies include Alerje and Beet. The program has made investments through convertible notes and grants, demonstrating its commitment to nurturing Michigan's startup landscape and driving economic growth in the region.

Portfolio Snapshot

Portfolio activity breakdown across disclosed investments and stages

Total Investments2
Current Portfolio Count2
Total Portfolio Exits0

Top Investment Stages

Convertible Note1 (50.0%)
Grant1 (50.0%)

Stage Mix

Convertible Note 50%Grant 50%

Concentration shown as share of disclosed investments by stage.

Recent Investments

Alerje logo

Alerje

Beet logo

Beet

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Classification

NAICS
  • 520000Finance and Insurance
  • 523000Securities, Commodity Contracts, and Other Financial Investments and Related Activities
  • 523900Other Financial Investment Activities
  • 523990All Other Financial Investment Activities
  • 523999Miscellaneous Financial Investment Activities
SIC
  • 7300Business Services
Show 3 more industry codes
NAICS
  • 540000Professional, Scientific, and Technical Services
  • 541000Professional, Scientific, and Technical Services
SIC
  • 6000Depository Institutions