Two Ann Arbor companies take home prizes at Accelerate Michigan competition

Top startup companies from around the state and top venture capitalists from around the globe gathered Wednesday and Thursday in Detroit for the Accelerate Michigan innovation competition. Two Ann Arbor companies came away from the event with $25,000 checks.

312 companies submitted applications to be a part of this year’s competition, and 51 of them were selected to give pitches at the event.

Protean, a company housed in the Tech Brewery making an all-in-one credit card, won the top prize in the Products and Services sector. Kymeira Advanced Materials won the student business category with their discovery of a new polymer that can stand up to extreme temperatures.

The competition features companies making business pitches to panels of judges, most of whom work for venture capital funds, who award cash prizes to the top companies in eight sectors as well as a top student company.

By Ben Freed Business Reporter

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