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Michigan ranks among top U.S. startup hubs, launching 160+ startups in 2024 despite national VC slowdown.
Michigan is emerging as a top U.S. startup hub, with six cities—Ann Arbor, Detroit, Grand Rapids, Traverse City, Lansing, and Flint—ranked in the 2025 Best of the Midwest Startup City Rankings.
Ann Arbor leads in startup density, driven by University of Michigan talent, while Detroit ranks second globally for startup growth.
Traverse City is advancing through its "Creative Coast" initiative.
Michigan’s PitchMI competition awarded over $4 million in funding across four innovation tracks, supporting 375 startups.
Four finalists—BedConnect, Electric Outdoors, General Orbit, and Adrenaline Interactive—will vie for an additional $1 million at the 2026 517 Entrepreneurship & Innovation Week.
These efforts, backed by the Michigan Economic Development Corporation and university partnerships, helped launch over 160 startups in 2024 despite a national venture capital slowdown.
Michigan se ubica entre los principales centros de startups de Estados Unidos, lanzando más de 160 startups en 2024 a pesar de la desaceleración nacional de VC.