Michigan Business Network

Chris Holman welcomes Pete Martin, Director of Portfolio Management, MSU Research Foundation, East Lansing, MI. Welcome Pete tell us a little about the MSU Research Foundation and the PitchMI Startup Competition? Michigan’s Innovation Showcase PitchMI is now one of the nation’s richest state-based startup competitions, offering $4 million in investment. How does this expanded competition elevate Michigan’s position as a leader in startup innovation and funding? Regional & Statewide Strategy The competition features four regionally themed events—healthcare in Grand Rapids, clean tech in Traverse City, mobility in Detroit, and AI/software in Ann Arbor—each awarding $250,000, with finalists moving on to compete for a $1 million prize. What’s the strategic intent behind aligning region with specific startup industries, and how does it benefit both local ecosystems and statewide momentum? Building Momentum & Ecosystem Engagement Regional winners receive funding and, importantly, time to grow before the stat