Retia Medical Wins People’s Choice Award

East Lansing, Michigan (November 16, 2012): Retia Medical, LLC, announced today that it has won the People’s Choice Award in the Accelerate Michigan business plan competition.  The People’s Choice Award was based on popular voting of the over 200 people, including venture capitalists, entrepreneurs, and state and community leaders, who attended the final round.  The award includes a $10,000 prize and free legal and business services.  Retia was one of only ten finalists out of the 329 companies spanning all industries who entered the competition.  A panel of venture capitalists selected the finalists.  They evaluated the written business plan, a 10-minute presentation and a subsequent questions and answer session.  The final round consisted of a 5-minute presentation.