Q. Is the eLab a venture fund or an incubator?
Q. Can companies that did not incubate with the eLab receive funding from the eLab?
Q. Is the eLab only open to graduates of the University of Michigan?
Q. How do I apply to get resources and funding from the eLab?


Q. Is the eLab a venture fund or an incubator?

A. The eLab is primarily a venture capital fund although it does have shared office and mentorship resources like incubators. Most incubators are essentially real estate or consulting businesses that only provide a small amount of seed capital and/or in kind services. In contrast, the Michigan eLab can provide capital funding through all rounds of growth for a startup company and does not charge for rent or business advice.

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Q. Can companies that did not incubate with the eLab receive funding from the eLab?

A. Yes, the eLab is primarily a venture capital fund

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Q. Is the eLab only open to graduates of the University of Michigan?

A. No, the eLab is open to any startup company with a significant operating presence within Michigan.

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Q. How do I apply to get resources and funding from the eLab?

A. You can start by emailing us a business proposal. PowerPoint is the preferred format. If there is interest in your proposal, we will contact you for a meeting and take the rest from there.

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