Michigan Founders Fund Pre-Accelerator powered by gener8tor
Run by gener8tor.
The Michigan Founders Fund Pre-Accelerator, powered by gener8tor, runs seven weeks in Detroit with at least 5-7 hours of programming a week and an 85% minimum attendance requirement. Michigan Founders Fund provides $15,000 in direct non-dilutive operating grants per company, with no equity and no fees. Terms are published once for the whole programme across its Kalamazoo and Detroit cohorts; the Detroit cohort carries no separate figures.
Investment
US$15,000 (Below North America median $100k · Below global median $61.3k)
Equity taken
0% (Like 66% of North America · Like 79% globally)
Duration
7 weeks (Shorter than North America median 13 wks · Shorter than global median 20 wks)