Venture Capital Network for Early-Stage Companies

Venture Capital Network for Start-ups

Since Henry Ford Health does not directly invest capital into start-ups, we rely on partnerships with venture capitalists. Our primary partner for early-stage investments is Red Cedar Ventures. This partnership provides us with a vital connection to early-stage companies that:

• Have received investment from Red Cedar Ventures and are exploring collaboration or pilot opportunities with Henry Ford Health.
• Are identified by our clinical experts as promising technologies that could benefit from further investment and development.

Resources for Inventors

We recognize the challenges startups face in the health tech industry. To help overcome these hurdles, we offer a list of valuable resources for funding, mentorship, and support. These programs are designed to accelerate development, refine business models, and guide you through commercialization.

Business Accelerator Fund (Michigan SBDC): Provides funding for early-stage companies to access critical services such as market analysis, business planning, and access to a network of experienced mentors and consultants.

Conquer Accelerator: A 10-week program managed by the Michigan State University Foundation to help early-stage startups refine their business models, improve their products, and prepare for future investment. Participants receive $20,000 in seed funding, access to a network of experienced mentors, and engagement with industry experts.

TechTown Detroit: A business incubator and accelerator supporting early-stage tech startups and small businesses in Detroit. Offering programs including mentorship, co-working spaces, and business development workshops.

Michigan Economic Development Corporation (MEDC): Offers early-stage funding programs providing financial assistance through grants, loans, and equity investments to help start-ups secure the capital needed for product development, market expansion, and commercialization.

MTRAC Innovation Hub for Life Sciences: Provides funding and support for translational research projects in the life sciences sector, aiming to accelerate the commercialization of innovative technologies.

For more information or to discuss how Henry Ford Innovations can support your startup, reach out to our team at innovation@HFHS.org.