Michigan Venture Capital Association (MVCA) has appointed Michael Gross, managing director at Beringea, as chairman of the organization’s board of directors. Gross will assume the position previously held by Tom Shehab of Arboretum Ventures. His term expired in 2019.
At Beringea, Gross is responsible for investment sourcing, deal execution, and portfolio management, with a focus on health care, technology-enabled services, and sustainability. He also serves as board director for several of Beringea’s portfolio companies. His previous roles include being an MVCA board member and member of the MVCA advocacy committee.
“Michigan Venture Capital Association has had an important role in growing the state’s entrepreneurial ecosystem for almost two decades thanks to the strong leadership and vision of my predecessors” says Gross. “In 2020, we’ll build on the momentum our organization has created in order to continue Michigan’s emergence as a thriving venture capital center of excellence. I’m looking forward to working closely with my colleagues on the board, as well as with MVCA staff and our partners at entrepreneurial and economic development organizations, to ensure the robust capital continuum our community provides to Michigan’s high-growth, high-potential companies stay strong.”
MVCA is a nonprofit trade organization founded in 2002 to increase capital and talent available to venture and angel investors for the funding of Michigan’s most innovative entrepreneurs. The organization works with entrepreneurs to transform ideas into new companies and industries that drive Michigan job creation and economic growth.