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ID Ventures

The First Capital Fund (FCF)

The First Capital Fund (FCF) provides an initial investment that is typically up to $150K with
follow-on opportunities. The fund is milestone-driven and focused on helping companies achieve
additional funding from angel or venture investors within 12 months. FCF is for new technology
companies at the earliest stages of commercialization in Michigan seeking pre-seed and seed stage
investment. FCF is managed by ID Ventures.

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