ALLENDALE — Grand Valley State University will receive $1.6 million as one of eight initial recipients of the first-ever Michigan Innovation Fund, Gov. Gretchen Whitmer recently announced.
The fund, which was signed into law earlier this year, aims to aid the entrepreneurial ecosystem in Michigan, focusing on startup companies and funds.
“Michigan is a state of makers and doers, and we established the bipartisan Michigan Innovation Fund to unleash their entrepreneurial energy and keep growing our economy,” Whitmer said in a news release…