Michigan Founders Fund

Michigan Founders Fund, a tax-exempt nonprofit based in Charlotte, North Carolina, operates as a federal grant sub-recipient, not as a prime contractor or prime grantee. All four of its tracked federal awards are sub-grant positions under programs sponsored by the Department of Commerce Economic Development Administration, with no prime contract or prime grant awards on record.

Michigan Founders Fund's recent federal activity is narrowly concentrated in economic development and workforce programming in the Southeast Michigan region. The organization is a sub-recipient under two prime grantees: Wayne State University Research & Technology Park in the City of Detroit and the Southeast Michigan Community Alliance, Inc. Under the Wayne State University pass-through (award date November 15, 2022), Michigan Founders Fund develops specialized programming for mobility-centered startups, focusing on founder-to-founder relationships, network-building opportunities for startup advancement, and diversity, equity, and inclusion centered outcomes with community engagement. Under the Southeast Michigan Community Alliance sub-grants (three separate award dates in October 2022), Michigan Founders Fund participates in Talent Transformation Component Project work. The combined value of all four sub-grants is $886 thousand, obligated entirely in 2022.

There are no recent awards after November 2022, and the source records no activity in the past three years. The vendor's entire tracked federal footprint consists of sub-grant sub-awards from a single federal agency, with no prime-contractor or prime-grantee capacity, no parent vehicles, no teaming relationships outside the named prime grantees, and no recompete exposure documented in the source.