The Ann Arbor-based Michigan Founders Fund (MFF) named Rishi Moudgil as its next executive director.
Moudgil brings social impact and entrepreneurial experience to the role. He previously served as founding executive director of Greenlight Fund Detroit, which, with two community investment funds, took a scalable approach to locally led problem solving, designed to improve the lives of families in Detroit.
Earlier in this career, he launched both tech and community-based ventures in southeast Michigan. He also ran the Great Lakes Entrepreneurs Quest, Michigan’s first statewide entrepreneurial support program, and founded the University of Michigan’s Center for Social Impact at the Ross School of Business.
MFF works increase access to capital and talent. MFF members are entrepreneurs and venture capitalists who are committed to organizational values of connection, culture, and community.
They have each made the Michigan Pledge to donate 1 percent of equity or carry to a Michigan-focused grantmaking fund that financially supports impactful organizations across the state.
Moudgil’s new leadership role at MFF reflects his commitment to building networks, narratives, and pathways to economic access.
“I’m fiercely committed to supporting founders, regardless of their backgrounds, to pursue their dreams of building high-growth businesses here in Michigan, in any part of the state, while giving back to their local communities,” says Moudgil. “MFF welcomes entrepreneurs into an active, mission-driven community where working together to create scalable wealth, jobs and opportunities in Michigan is an attainable and sustainable goal.”
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