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Plans Unveiled for 30th Anniversary of the Michigan Growth Capital Symposium

1/31/2011 --

May 2011 event will showcase such emerging growth sectors as life sciences, alternative energy, and technology.

ANN ARBOR, Mich. — The Michigan Growth Capital Symposium (MGCS) recently unveiled preliminary details for its annual Midwest equity event. Celebrating 30 years at the center of innovation and growth capital investing in the Midwest, MGCS is the premier networking event for leaders in the venture capital investment world to connect with the entrepreneurs, startups, and emerging growth companies actively searching for partners and funding.

The MGCS event will be held May 10-11 at the Marriott Resort in Ypsilanti, Mich. The symposium is presented by the Center for Venture Capital & Private Equity Finance at Ross with support from the Michigan Venture Capital Association and the Michigan Economic Development Corporation.

"This year's event aims to celebrate the significant accomplishments we've achieved over the last 30 years, while simultaneously energizing the region as we continue to build partnerships between entrepreneurs and investors that will fuel tomorrow's high-growth companies," says MGCS founder David J. Brophy, director and professor of finance at Ross.

Diversifying the economy of a state is an enormous job—especially one that has provided such wealth, success, and prestige as Michigan's automotive industry. It's a challenge that Brophy foresaw more than three decades ago.

"When the symposium started, business leaders said it would be a 30-year job to influence the direction of Michigan and move it toward knowledge-based industry," he says. "This whole effort has been about that—and specifically to repair the deficiency we had in access to finance in Michigan—by giving young companies the opportunity to present themselves to investors from around the country."

The Michigan Growth Capital Symposium continues to serve as an important catalyst for innovation and a champion of entrepreneurial investment opportunities in the region. By bringing together entrepreneurs, venture capitalists, and industry experts, MGCS has paved the way for growth in new technology, life sciences, advanced manufacturing, and alternative energy.

Ian Bund, chairman of Plymouth Management Company and a long-standing pillar of Michigan's venture capital community, notes, "The Michigan Growth Capital Symposium became the central vehicle of transforming the University of Michigan's entrepreneurial activities. The symposium is an extremely important vehicle in providing that annual showcase of the best and the brightest."

The 30th anniversary of MGCS will feature keynote speakers and panel discussions led by some of the nation's leading investors and entrepreneurs. The sessions will provide insight on venture capital and investment trends and industry snapshots of such emerging growth sectors as life sciences and technology.

MGCS is actively enlisting sponsors for its 2011 event. Initial sponsors include leading media, venture capital, and economic development organizations. Sponsorships range from $1,000-$10,000. Visit the MGCS website for more information or to become a sponsor of the 30th Annual Symposium.



For more information, contact:
Mary Nickson, (734) 615-4424, mnickson@umich.edu