Boyd Falconer

The Michigan Investment in New Technology Startups (MINTS) initiative is a $25M venture fund for the University of Michigan to leverage commercialization efforts by the Office of Technology Transfer (OTT) for investment purposes while demonstrating support for University of Michigan start-ups. Eligible startups are those that have licensed technologies that originated in faculty labs. Once a startup has secured an initial round of funding from a qualifying independent venture capital firm, it will be eligible under MINTS to receive up to $500,000 of university financing. The program will be managed by the University's Investment office, with the support of OTT and the General Counsel's Office, as part of the University's long-term portfolio of investments.