News Items

Michigan State University Foundation Taps Jeff Wesley as Executive Director, Red Cedar Ventures

Wesley brings management expertise to Red Cedar's growing startup investment portfolio

LANSING, Mich., Jan. 16, 2018 /PRNewswire-USNewswire/ -- The Michigan State University Foundation (MSU Foundation) announced today that it has named Jeff Wesley as executive director of its wholly owned venture investment subsidiary, Red Cedar Ventures. Wesley's focus will be on managing and growing the company's venture investment portfolio of companies commercializing intellectual property created at Michigan State University.

Read the full news release, here.

Michigan State University Foundation Launches $5M Venture Fund, Red Cedar Ventures LLC

Newest subsidiary dedicates pre-seed and follow-on funding to MSU-based startups, technology commercialization

LANSING, Mich., Nov. 16, 2016 /PRNewswire/ -- The Michigan State University Foundation (MSUF) announced today the formation of its new, $5M venture investing subsidiary, Red Cedar Ventures. Its newest program features both a pre-seed fund and an opportunity fund focused on helping Michigan State University-based startups and technologies overcome critical funding gaps, accelerate growth, and provide follow-on, growth-stage capital.

Read the full story at Crain's Detroit Business.