HOUGHTON — Two Houghton-based, high-tech companies are among 58 across the state to receive direct investments or loans from the state’s Tech Startup Stabilization Fund. The funds are to assist them during the COVID-19 outbreak, the Michigan Economic Development Corporation announced on June 25. Announced in mid-April, the Tech Startup Stabilization Fund has been administered by ID Ventures in Detroit to support early-stage tech companies in Michigan with fewer than 50 employees and a demonstrated need for support due to the economic impacts of the pandemic.
