TLDR:
- Rishi Moudgil appointed as Executive Director of Michigan Founders Fund (MFF)
- Moudgil aims to support founders in building high-growth businesses in Michigan
Rishi Moudgil, an Indian American social sector investor, has been named as the new Executive Director of the Michigan Founders Fund (MFF), a venture development organization focused on making Michigan a successful startup ecosystem. With extensive experience as a founder, ecosystem builder, and social sector investor, Moudgil is committed to supporting entrepreneurs in pursuing their dreams of building high-growth businesses in Michigan. He plans to propel Michigan’s startup ecosystem forward by promoting equitable economic access and community engagement.
Moudgil’s background includes founding GreenLight Fund Detroit and launching tech and community-based ventures in Southeast Michigan. He also has experience running entrepreneurial support programs and founding the University of Michigan’s Center for Social Impact. As MFF’s Executive Director, Moudgil aims to build networks and pathways for inclusive economic growth in Michigan.
Under Moudgil’s leadership, MFF plans to capitalize on Michigan’s growing venture capital investment and foster collaboration among diverse founders. MFF has already attracted over 150 members and hosted events with thousands of attendees, showcasing the state’s potential for innovation in various industries. While Moudgil acknowledges the need for more demographic diversity in Michigan’s startup ecosystem, MFF is actively working towards inclusivity through talent pipeline initiatives.
By investing in underrepresented entrepreneurs and fostering a supportive network, Moudgil believes MFF can lead the way towards a more equitable and robust economy in Michigan. With a focus on building a founder-driven coalition that represents all demographics, MFF is committed to creating a unified Michigan community of entrepreneurship.
