About Michigan State University Research Foundation
The Michigan State University Foundation is a non-profit research foundation focused on the mission of helping Michigan State University achieve its objectives around economic development through the commercialization of intellectual property created by its faculty, staff, and students. The MSU Foundation manages an endowment built from decades of licensing revenue. In addition to providing over $10 million in research funding to MSU annually, the MSU Foundation operates three wholly owned subsidiary organizations – Spartan Innovations, Red Cedar Ventures, Michigan Rise Pre-Seed III Fund - focused on technology commercialization, new venture creation and economic development.