Over $1M in prizes await startups in Accelerate Michigan Innovation Competition

Detroit will host the Accelerate Michigan Innovation Competition in November, which will see hundreds of startups compete for more than $1 million in prizes. Every year more than 200 companies take part in the competition, with a grand prize of $500,000. Thirty-six lucky semifinalists will make the final cut in October, those business will then present their pitches to a panel of judges on November 16 at Detroit’s Masonic Temple.

Martin Dober, VP & Managing Director at Invest Detroit

“Our goal is to connect Michigan startups to capital and mentorship both regionally and nationally. We want everyone to know about the incredible small business innovation happening across the state of Michigan,” Martin Dober, the vice president and managing director of Invest Detroit Ventures, said in a statement. According to the competition’s organizers, past participants in Accelerate Michigan have raised more than $550 million and created more than 1,000 jobs in the state. Last years winners, SPLT, are making great improvements for those who require non-emergency medical transportation. The company have teamed up with Lyft to provide reliable and accessible mobility to everyone, everywhere. The company’s main aim is to help keep 4.5 million Americans from missing medical appointments. “There’s a real need for this product for the underserved, especially in Detroit where people with a medical appointment call a taxi that never comes,” Anya Babbitt, founder and CEO of SPLT, explained during the company’s pitch last year. SPLT is 15x more efficient than current unreliable systems. The impact is groundbreaking, and they are now working with both hospitals and patients to make their service even better, shortening transport wait times, increasing satisfactions, and increasing healthcare quality. Evidently this competition can benefit not only startups, but also local residents through the use of jobs and much needed services. Moreover, Detroit is a prime example of an up and coming startup city, which, with the addition of competitions such as this one, Detroit has the potential to accelerator it’s startup environment helping to improve their economy and quality of life for all local residents.
Techli

Edward is the founder and CEO of Techli.com. He is a writer, U.S. Army veteran, serial entrepreneur and chronic early adopter. Having worked for startups in Silicon Valley and Chicago, he founded, grew and successfully exited his own previous startup and loves telling the stories of innovators. Email: Edward.Domain@techli.com | @EdwardDomain

Recent Posts

HostMilano 2025: AI and Automation Transform Professional Kitchen Operations

HostMilano 2025 concluded its 44th edition on October 26 and remains the premier world fair…

2 días ago

Prezent AI reaches latest milestone following recognition as top software company in 2025

As the new year approaches, the Software Report—a trusted source for market research and industry…

2 días ago

Ness Digital Engineering and Vendavo to usher in new era of AI-led innovation

Now that AI has been on the scene for a number of years, we can…

2 días ago

AI is reengineering orthopedic systems through new multi-layer software architectures

The rapid evolution of orthopedic technology is no longer being driven by devices alone. Instead,…

2 semanas ago

Digital credentialing enters a new phase with the arrival of I.C.E. Exchange 2025 in Phoenix

The credentialing industry’s calendar is turning toward Phoenix this month, where the I.C.E. Exchange will…

2 semanas ago

Tax season gets an upgrade as Deduction raises $2.8M and launches its AI-powered tax agent

Deduction today announced the launch of “Taylor, CPAI,” the first AI tax accountant built for…

2 semanas ago