Michigan Capital Available
Next Tuesday we are updating everyone on all the state funded programs that can put cash in the bank account of start-ups and early stage companies. Andy McColm at U of M Office of Tech Transfer, Ned Staebler from the MEDC and Iwill explain the ins and outs of the many programs available. We will explain the qualifications for eligibility and processes to apply. The program will be streamed on the web live for those who cannot attend. Go to http://www.annarborusa.org/start-ups/pre-seed-fund/live/ to watch the presentation. You will also be able to ask questions from this site. A few days after the presentation ...
Business Incubator Company Profile: Hygieia, Inc.
Ann Arbor SPARK welcomes Hygieia, Inc. to SPARK Central, the Ann Arbor business incubator. Founded in 2008, Hygieia, Inc. is developing an endocrinologist-to-go, called Private-Doc, a glucose meter with unique software that interprets a patient’s blood sugar data. This allows the patient to change insulin dosages right away rather than waiting to be assessed by a physician. By managing their own dosage changes with Private-Doc, diabetics can consistently maintain control of their blood-sugar levels, a key to optimal diabetic care. Dr. Eran Bashan was studying electrical engineering when he partnered and co-founded Hygieia with Dr. Israel Hodish, an Endocrinologist and ...
Open Source Economic Development and Statewide Cooperation
At Ann Arbor SPARK, our immediate goal is to promote economic development in the Ann Arbor region. But our larger focus is ensuring long-term growth and viability for the entire state of Michigan — something that can best be achieved through a process we call Open Source Economic Development. We don't view any place in the state of Michigan as competition to us. We view the rest of the state as partners. If there are things that we can do or things that we're doing that will allow the rest of the state to improve at a more rapid pace, we ...
Welcome to the SPARK East Open House
SPARK East is hosting its official open house. This business incubator blends affordable office space, essential business services and business development guidance to new businesses. SPARK East is the third business incubator in SPARK's Regional Incubator Network. Our other incubators include the Michigan Life Science Innovation Center north of downtown Ann Arbor and SPARK Center, located on Liberty in downtown Ann Arbor. Our press conference and ribbon cutting is scheduled to begin in just a few minutes. It's a packed house here – it's exciting to see so many people who are interested in business start-up and acceleration here in the region. Mike ...
Eastern Leaders group has ambitious plans for 2009
Hoping to build on the success of the Spark East business incubator, the Eastern Leaders group unveiled an ambitious plan Thursday for 2009 that includes training workers for new jobs, launching a micro-loan program and developing a land bank. Read the Ann Arbor News article
Boot Camp & ACE
As a long time Boot Camp drill instructor I have had the good fortune to work with a number of early stage companies that have gone on to commercialize their technologies. An important step in that path is often soliciting and securing funding for the new business. One of the critical lessons that Boot Camp teaches is distilling the important elements of your business into a concise two minute presentation or “elevator pitch”. Armed with this tool bootcampers are able to get potential investors attention and (hopefully) secure that important meeting. Here in South East Michigan, a premier forum for such activity ...
SPARK East Awarded $250,000 Grant
Washtenaw County, in partnership with Eastern Michigan University and Ann Arbor SPARK, has been selected by the Michigan Strategic Fund to receive an award of $250,000 in grant funding through MEDC and the state of Michigan. The grant will support SPARK East, the third business incubator in SPARK’s Regional Incubator Network; located at 215 W. Michigan Avenue in Ypsilanti, SPARK East offers affordable office space, and critical start-up services, to new businesses. Check out the good news: http://www.annarborspark.org/growth-expansion/news-of-note/Index.cfm?i=2958
Entrepreneur Boot Camp Reunion
We recently held our first Entrepreneur Boot Camp Reunion. It was primarily a networking event where sixty campers and mentors shared their experiences with entrepreneurship. We had representatives from some of the earliest camps going back to 2002. Based upon the feedback from this event, we decided that we should hold an annual reunion as the participants value the opportunity to continue to network with other campers and mentors. One of your suggestions was to profile a successful company. For our initial profile, we choose Polytorx and Luke Pinkerton. Polytorx is a maker of helix fibers that replace rebar in concrete. http://www.polytorx.com/ Luke was ...
“Open Source” Economic Development
Economic development in Michigan should take a page from the playbook of the ever-evolving software industry. Its “open source” philosophy – the source code that drives development should be open and available to all – is a model that can propel Michigan’s success in growing, retaining, and attracting business. [caption id="attachment_146" align="alignright" width="120" caption="Michael Finney, SPARK President & CEO"][/caption] Ann Arbor SPARK has taken steps to pilot this approach to economic development by designing initiatives and committing resources that are meant to be openly available and shared statewide. These resources include business incubation, talent enhancement, pre-seed funding, and cross-region assistance with development ...
Ann Arbor USA Posts
Hygieia, Inc., a tenant at the SPARK Central business incubator, recently received official 510(k) clearance from the US Food...
Angels in the openBusiness Week just published a list of the most active and successful angels in the country. Check out this article http://bwnt.businessweek.com/interactive_reports/future_of_tech_2010/ The...
General Electric turns to Metro Detroitfrom mlive.com Metro Detroit’s underutilized manufacturing base could soon be tapped to make parts for General Electric. ...
Voi!- Recent Coverage for Local Company eNcipientLocal company, eNcipient, LLC is an energetic product development company. They’ve combined personalized style, protection,...
TIME on Regional DevelopmentFrom TIME.com: Regional Development Moving Forward So how do you get people to move to Michigan? Once they’re here, how...
The Michigan Daily Covers Entrepreneurs and IncubatorsAnn Arbor, Venture Capital is the headline of a great article written by Addie Shrodes of The Michigan Daily. The article covers...
AnnArbor.com and Concentrate Feature Local Serial EntrepreneursAnnArbor.com and Concentrate cover some local serial entrepreneurs. Click the links below to read their stories. From AnnArbor.com: ...
Area News
The Clean Energy Coalition continues to
rake in the government grant money, taking in another six figures to
help spread the gospel of energy efficiency.
The Ypsilanti-based
non-profit received $58,300 from the Michigan Department of Energy,
Labor, & Economic Growth to help communities become more energy
efficient and utilize more clean energy outlets. The Clean Energy
Coalition’s money will allow it to do this in 37 small communities
(35,000 people or less) in south and south-central Michigan.
“We’ll
be doing things like helping them with energy audits of their
facilities and setting up monitoring systems of their energy systems,”
says Sean Reed, founder and executive director of the Clean Energy Coalition.
The Clean Energy Coalition has received millions of dollars
in state and federal grants over the last year. Most of that money is
geared toward pushing for more energy efficiency and reducing carbon
emissions in transportation.
The Michigan Municipal League
Foundation, also received a $58,396 state grant. The Ann Arbor-based
organization will use it to do the same thing in the southwest, western
and northern portion of the state.
The grants are part of a $195,996 grant from the Michigan Department of Energy, Labor, & Economic Growth.
The funds originally came from the federal stimulus package. That money
will help 125 municipalities receive technical assistance on becoming
more sustainable from four non-profits. That basically means it will
help these communities make their facilities more energy efficient
through things like energy audits and harness renewable energy sources.
The other two non-profits to receive funding are the WARM Training Center
in Detroit, which will cover southeast Michigan, and the Michigan
Energy Options in East Lansing for communities in the state’s Upper
Peninsula.
Source: Michigan Department of Energy, Labor, & Economic Growth and Sean Reed, founder and executive director of the Clean Energy Coalition
Writer: Jon Zemke
News from Concentrate
More Area News
- Ann Arbor prepares for more roundabouts at Geddes/U.S. 23
- Ypsilanti’s What is That? building preps for new facade
- Ypsilanti’s What is That? building preps for new facade
- North Quad construction heads into home stretch
- North Quad construction heads into home stretch
- North Quad construction heads into home stretch
- AATA earns $2.3M in stimulus cash for transit center
- North Quad construction heads into home stretch
- AATA earns $2.3M in stimulus cash for transit center
- AATA earns $2.3M in stimulus cash for transit center
