Michigan
5 questions with a man who finds money for risky business ideas
Small businesses take on Trump’s tariffs at Supreme Court
The Supreme Court will now decide whether President Donald Trump’s sweeping tariff policy is legal.
There was a time Michigan was an also-ran place for venture capital and helping startups in the Great Lakes State.
In fact, the state wasn’t on anyone’s radar 20 years ago as 95% of the VC action was taking place on the nation’s east and west coasts.
It helped inspire Chris Rizik to light a fire to help change that image.
The end result was the launch of Renaissance Venture Capital 17 years ago with the support of Business Leaders For Michigan and corporations like DTE Energy, Ford Motor Co., AAA, and Blue Cross Blue Shield and others who belonged to the statewide business group.
Renaissance Venture Capital has since used its network and investments to bring more venture capital to Michigan (over $3 billion ). To date, the Renaissance Venture Fund itself has raised more than $300 million, according to Rizik, who serves as founder and managing partner.
Jeff Donofrio, president and CEO of Business Leaders For Michigan, said: “We partnered in creating the Renaissance Venture Capital Fund because we believed in Chris’ vision to make Michigan a national leader in venture capital. Thanks to his leadership, it has become a reality and the fund is now a powerful catalyst for startup growth and a model for other states.”
Other VC funds like Invest Detroit and Mercury Fund have opened here as the region has become something of a hot spot for VCs.
Along the way, Rizik’s reputation as the go-to guy has grown.
“Chris’ phone number is on everyone’s speed dial,” said Patti Glaza, executive vice president and managing director of Invest Detroit. “From mentoring founders and serving on boards to leading conversations that strengthen our ecosystem, Chris embodies what makes Michigan’s venture community so special.”
Rizik, a former partner at Dickinson Wright law firm and chairman at Ardesta, a nanotechnology incubator, recently got applause from the National Venture Capital Association for his efforts to expand VCs, naming him one of three 2025 Venture Vanguard honorees, the highest national venture capital award. (Ann Winblad of Hummer Winblad Venture Partners and Howard Morgan of First Round Capital were the others.)
“A pioneering force of venture capital in the heartland, Chris has helped shape the Midwest’s startup ecosystem like few others,” Bobby Franklin, president and CEO of NVCA, said when they gave out the awards in June.
Connecting ideas to dollars
Rizik launched UnDemo Days in 2015 to provide a place for venture capital investors to come to Detroit to meet startups as they kick the tires in deciding whether to invest.
“It’s like speed dating for startups,” he said.
The last UnDemo Day was held Oct. 1 at Ford Field and introduced over 250 local startups to venture capital investors with over 900 people attending.
With so much going on, I posed a couple questions to Rizik (his answers are edited for length).
QUESTION: Tell me about state of venture capital in Michigan?
ANSWER: Michigan has been one of the fastest growing states for venture capital in recent years. We’ve always had great technology and a talented engineering workforce here, but for decades we underperformed at creating startups. Now there’s energy around startups in Ann Arbor, Detroit and Grand Rapids and other places and VCs are excited to come here. They are investing at more than four times the level they were when we started hosting our UnDemo Days.
Q: Explain how VC investors get involved in a startup?
A: Venture capital is high risk investment in startups that have the potential to grow very big very fast. They typically involve some kind of game-changing technology or process. These are companies that are generally too risky for banks to loan money to, but venture capitalists are willing to take the risk in hopes the company will explode into something that can change the world and at the same time provide lucrative financial results. A majority of these investments will not pan out financially, but the hope is that the successes more than make up for the failures.
Q: Where are the opportunities for VCs here?
A: Michigan is best known around the world as being particularly strong in areas like mobility, cybersecurity, life sciences, advanced materials, supply chain and advanced manufacturing.
Q: You just got a national award where you were credited for bringing VC opportunities to areas that have been challenged. How have you been able to succeed?
A: We are focused on what we are and what we are not, and we keep our focus in a world where there are temptations to chase shiny objects that take you off course. We are about investing in great venture capital funds around the country and connecting them with the Michigan ecosystem to help grow the state.
Q: Give me an example of a VC success story you’ve been involved with?
A: One of the most interesting was Orbion Space Technology. In 2018 we met the founder, Dr. Brad King (of Michigan Technological University) in Houghton where he started the company. He was creating a revolutionary propulsion system for satellites, and was committed to building the company in the U.P. But raising capital there was difficult. So we invited him to UnDemo Day and introduced him to venture capitalists. A Boston firm, Material Impact Fund, loved what they heard and became Orbion’s first institutional investor. The next year Orbion met more VCs at UnDemo Day. Now, Orbion is a leader in propulsion systems and one of the largest employers in Houghton. It is a great Michigan story and a great Renaissance success.
Contact Carol Cain at clcain@cbs.com. She is senior producer/host of “Michigan Matters,” which airs 5:30 a.m. Sundays on CBS Detroit and 9:30 a.m. Sundays on CW Detroit 50. See Detroit City Councilman Coleman Young II, Macomb County Executive Mark Hackel, GOP Strategist Susy Avery, Adrian Fortino of Mercury Fund, Patti Glaza of Invest Detroit and Chris Rizik of Renaissance Venture Capital on this week’s show. You can also watch the show simultaneously on Fubu, Pluto TV, YouTube TV and Apple TV.
Michigan
Q&A: Jocelyn Benson on her tenure as Michigan’s secretary of state
Lansing — Jocelyn Benson, the front runner for the Democratic Party’s nomination for governor, said she believes her work in eight years as secretary of state will help convince voters to promote her this fall.
On Sunday, during a convention in Detroit, Democrats will pick a new secretary of state nominee. And on Thursday, Benson’s campaign for governor submitted about 30,000 petition signatures to get her name on the Aug. 4 primary ballot.
Amid those key moments in the 2026 election cycle, Benson, a former law school dean, sat down Thursday afternoon for an interview with The Detroit News about her time as secretary of state.
“I think that’s what people are looking for: A government that saves them time, saves them money and makes their life easier,” Benson contended. “I’ve done that as secretary of state, and I’ll do that as governor.”
The following interview was edited for length and clarity.
Question: You just dropped off your signatures this weekend. The Democrats are going to be gathering to nominate a new person for secretary of state. I was just looking over your campaign promises from 2017, do you feel like you hit them?
Benson: I had two goals when I came into office: wait times down and voter turnout up. And we did both, and I’m really proud of that.
When I started, we did a strategic planning session every January, and during our first strategic planning session in 2019, we filled the whiteboard on every wall in the office. And in our most recent one, the final one, we had just sort of one, just one little to-do list item left, which was really gratifying. Because we have not just increased turnout, but we’ve transformed our elections, eliminated gerrymandering, implemented the state’s first-ever citizens redistricting commission, which was no easy task, and then also implemented a number of new election procedures and options, educated voters about them and took Michigan’s elections from being ranked 31st in the country to No. 2.
We also did that while reducing those wait times (in Secretary of State offices), transforming our customer service experience. … Wait times are consistently 20 minutes or less, which was my No. 1 campaign goal.
Q: What were some of the strategies you used to get the wait times down for people?
A: No. 1, we listened to our employees, and No. 2, we collected data about what wasn’t working. You can’t fix what you can’t measure. And No. 3, we actually went around the country and looked at what states that actually had low wait times were doing. There weren’t many, but there were a few. Indiana and Illinois, had some interesting things that they did, and we took best practices that were working in other states and replicated them here.
But that first piece was key, listening to our employees. Early on in the process, we brought everyone in, all the branch office directors. I was expecting a daylong retreat where we would be discussing ideas, and I sat down with the director of branch office services. He had a whole PowerPoint presentation that went through everything we needed to do, from filling 900 vacant positions that were just vacant and not filled, to creating internally this opportunity for people to schedule the visit ahead of time.
We didn’t pay someone else to build that. That was built by our employees.
Q: When you ran in 2018, one of the big things you were talking about was election security. Do you feel like you’ve achieved that: improving election security? And what do you think about more people probably having faith in the results of elections then than they do now?
A: I am really proud of the fact that in this era of misinformation, we were able to protect our elections and ensure they remained secure.
While withstanding this unprecedented scrutiny and an unprecedented level of frivolous lawsuits, sham legislative hearings and falsehoods spread about our elections in the eye of the storm, we not only met the moment, but we built a better election system through it. That’s evidenced by the fact that we now have choices on how to vote in our state, we’ve modernized how you can register to vote and have increased the registration numbers we have.
Q: If one of these current candidates for secretary of state came to you and said, “I believe that the election is secure and everything is fine, but obviously there’s a lot of voters who don’t. How do we improve that?” What would you say to them?
A: Transparency is our friend.
Q: Just continue to open the process up as much as possible?
A: Well, the facts are on our side. The process is secure. So one of the most important things we need to do first is just continue to give people the tools that they need to get their questions answered and work with folks across the aisle, like we worked with Sen. Ed McBroom in 2021 to invite them into the process as well as answer questions that they have, while also, of course, maintaining any necessary confidence or security about the information that we’re providing.
But the through line is just transparency.
Q: What do you say to some of your opponents who will say, “Yeah, you decreased wait times. But what about the campaign finance website?” It’s not functioning, as they would hope it would.
A: Well, it’s certainly better than what we’ve had in the past. I think it’s important to remember that when I first ran for office, one of the things I heard most on the trail was actually, when are you going to get rid of MERTS (the former campaign finance disclosure system)?
Q: But that’s from people who are on the back end of it?
A: Right. Yeah. So I didn’t want to leave office without taking on that behemoth, knowing that it wasn’t going to be a smooth process, but it’s a necessary one if we were actually going to have a more transparent system, which I would argue also is something that the next secretary of state really needs to lean into more: getting money out of politics. I’ll be an ally for that as governor.
But when it comes to MITN and that process, one, what it really underscores is that I’m not afraid to take on big behemoths that others, frankly, past secretaries of state, refused to do, because it was too hard. And it does invite criticism. Whenever you try to transform a massive system that’s broken, yes, there are going to be hiccups along the way.
Q: Do you think voters are interested in that message: “I’ve improved these systems. I’m in government. I’ve succeeded in government. I can make it work.” Or are they looking for someone to just change everything?
A: People see a broken system that needs fixing, and they know I have transformed and fixed a system that every single one of our residents has interacted with. The other day, I was picking up food for my son and husband, and walking out with bags of food, and this gentleman in a pickup truck pulled up next to me in the parking lot and said, “Excuse me, are you the secretary of state?”
I was like, “I am.” And he said, “You know, I’m not political or anything. But I just was driving down this road the other day and realized when I passed the secretary of state’s office that it’s been years since I’ve had to go in there. Thank you for everything you’ve done to make that possible for me.” And I said, “Yeah, now imagine if all of government worked that well.”
Q: Do you think all three of the Democratic candidates running for secretary of state would be a good secretary of state? I know you’re not endorsing.
A: I’m committed to working with whoever comes through the convention and making sure they’re prepared to build on what we’ve done and achieve even more success.
cmauger@detroitnews.com
Michigan
Before-and-after images show severity of Black Lake flooding
Before-and-after images of homes on Black Lake near Onaway provide perspectives on how the community was affected by April flooding.
Snowmelt and rain have stressed dams and caused lakes to flood in northern Michigan.
The Cheboygan County Sheriff’s Office shared on social media photos and videos that the agency captured of Cheboygan County floods on Friday, April 17 from both the ground and air.
Deputies “observed a level of destruction that simply cannot be understood from ground level,” the sheriff’s office said in the post.
Google Maps images taken from two locations on Black Lake in 2024, compared with the Friday images, show how the floodwater has changed the landscape.
On North Black River Road and Taylor Road, the water has overflowed to North Black River Road.
In the 400 block of South Black River Road, water has also flooded homes and lakeside property.
“Black Lake, Black River, Cheboygan River, Burt Lake, Mullet Lake, the Sturgeon River − and nearly every waterway in the county have overflowed beyond their banks, swallowing docks, roads, yards, and in far too many cases, homes,” the sheriff’s office post said. “What should be familiar shorelines are now unrecognizable expanses of water.”
“Our hearts are with every family affected by this flooding,” Cheboygan County Sheriff Todd Ross said in the post. “We know many of you are facing significant damage to your homes and property, and the emotional toll that comes with it. Please know you are not alone. We are working around the clock with our partners to ensure safety, provide support, and begin the process of recovery. Stay strong, stay connected, and don’t hesitate to reach out for help, we will get through this together.”
Nearby, the UAW Black Lake Conference Center shared images on social media of floodwater threatening its Old Lodge.
The conference center is located at 2000 Maxon Road in Waverly Township.
The Cheboygan County Road Commission and the Cheboygan County Office of Emergency Management closed the bridge at Five Mile Point Road on Saturday, April 18 due to significant road washout in the area of South Black River Road and Red Bridge Road.
The sheriff’s office had encouraged residents in parts of the area to evacuate earlier in the week and said Saturday it had completed evacuation efforts on the west side of the lake.
Michigan
Driver swerves to avoid oncoming traffic, dies after crashing into tree in Texas Twp
TEXAS TOWNSHIP, Mich. — A 20-year-old Kalamazoo man is dead after crashing his vehicle into a tree Friday evening in Texas Township, according to Michigan State Police (MSP).
It happened on South 3rd Street and West PQ Avenue around 6:50 p.m., troopers said.
While he was driving in a no-passing zone, the Kalamazoo man swerved off the road to avoid an oncoming vehicle and subsequently crashed into the tree, according to MSP.
The 20-year-old died at the scene. A passenger was hurt, but police said their injuries were non-life threatening.
Troopers do not believe alcohol or drugs were a factor, and the two were reportedly wearing seatbelts.
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This incident remains under investigation by MSP.
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