2024-2025 Impact Report

Conquer Accelerator Programs

The Conquer Accelerator programs expanded opportunities for entrepreneurs across Michigan in 2024-2025, completing four cohorts that advanced 20 startups statewide.

The Conquer Detroit Accelerator, powered by Henry Ford Health, supported five MedTech companies as they built connections and launched pilots; the Conquer FinTech Accelerator, powered by MSU Federal Credit Union, completed it second year supporting finance and insurance startups; while the East Lansing and Grand Rapids cohorts added ten new companies to the program’s statewide alumni network. This year also introduced the Conquer Accelerator Program Internship, a year-long program designed to give students firsthand experience in entrepreneurship.

Together, these programs reflect a growing statewide network of founders, mentors, and partners strengthening Michigan’s entrepreneurship ecosystem.

By the Numbers:

This year’s Conquer Accelerator programs demonstrated strong startup performance, from follow-on funding and capital leverage to long-term company success.

$2.6M

Capital Raised in FY25
Follow-on funding secured by Conquer Accelerator alumni during the fiscal year.

8

Henry Ford Pilots Launched
Real-world clinical pilots initiated with a major health system partner.

42%

Receive Follow-On Funding*

Significant investor traction after the program.

35x

Leverage*

Outside capital multiplied far beyond initial investment.

88%

Survival Rate*

Strong long-term durability of Conquer Accelerator companies.

8

Successful Exits*

Acquisitions that validate impact and scalability of Conquer Accelerator program alumni.

*Indicates lifetime program data since 2014.

2024-2025 Program Alumni:

The startups below completed Conquer Accelerator cohorts, joining a statewide network of founders building high-growth companies.

Related Stories:

These updates reflect the expansion of the Conquer Accelerator programs and their growing role in supporting founders across Michigan’s entrepreneurial ecosystem.