Skip to content
investdetroitfoundat's profile image - click for profile

INVEST DETROIT FOUNDATION's Fundraiser:

First Step Fund

INVEST DETROIT FOUNDATION's Photo

THE STORY:

The First Step Fund is an early seed, industry-agnostic investment fund serving emerging high-growth businesses in Southeast Michigan. This fund deploys between $10,000 and $50,000 in initial investments with considered follow-on investments of up to a maximum of $150,000 for qualifying companies.  The Fund often partners with other investors for investment rounds sized between $150,000 and $500,000, with the potential to provide follow-on funding.

The focus of the funding is to:

  • Prove-out business concepts and help secure initial customers
  • Foster the demand for early stage, commercially viable, high growth businesses that can scale
  • Level the high-growth, high-tech playing field for all
  • Be inclusive of women/minority/immigrant entrepreneurs
  • Promote economic economic development in the region
  • Increase job creation and tax revenue for the region

The Fund utilizes flexible instruments including loans, convertible instruments, and equity investments.

For more information, see http://investdetroit.com/managed-funds/first-step-fund/ and http://www.detroitinnovate.com/first-step-fund.

DONATE

To This Fundraiser

$1,900

MONEY RAISED
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  • Anonymous

    $100

  • Julia Farber

    $100

  • Susan Aikens Post

     

  • Susan Post

     

  • Susan Post

     

  • Heather Lord

    $100

  • Deborah Royce

    $1,000

  • The Lord(s)

    $100

  • Ruth Fruehauf

    $50

  • Brenda Sanderson

    $25

  • Laurent Crenshaw

    $100

  • Stephen L Axelrod MD

    $250

  •  
  •  
  •  

The Team: $1,900 TOTAL RAISED SO FAR

Fundraiser Title

INVEST DETROIT FOUNDATION

Amount Raised

$1,200

Fundraiser Title

Alan Axelrod

Amount Raised

$250

Fundraiser Title

Brian Razzaque

Amount Raised

$125

Fundraiser Title

Laurent Crenshaw

Amount Raised

$100

Fundraiser Title

Julia Farber

Amount Raised

$100

Fundraiser Title

Matthew Dowd

Amount Raised

$50

Fundraiser Title

Heather Lord

Amount Raised

$25

Fundraiser Title

Ruth Fruehauf

Amount Raised

$25

Donor Comments

Stephen L Axelrod MD

Stephen L Axelrod MD

DONATION: $250

3 years ago

Laurent Crenshaw

Laurent Crenshaw

DONATION: $100

Larry Crenshaw 3 years ago

Brenda Sanderson

Brenda Sanderson

DONATION: $25

3 years ago

Ruth Fruehauf

Ruth Fruehauf

DONATION: $50

3 years ago

The Lord(s)

The Lord(s)

DONATION: $100

Heather Lord - Happy Birthday!!! 3 years ago

Deborah Royce

Deborah Royce

DONATION: $1,000

3 years ago

Heather Lord

Heather Lord

DONATION: $100

The entrepreneurial spirit in Detroit is amazing. Join me in supporting our entrepreneurs! 3 years ago

Susan Post

Susan Post

3 years ago

Susan Post

Susan Post

3 years ago

Susan Aikens Post

Susan Aikens Post

3 years ago