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
Possibilities for Change, a company leveraging University of Michigan developed technology, has recently announced the nationwide...
Michigan Pre-Seed Capital Fund Invests $585,000 in Three Start-UpsThree Michigan companies recently received investments from the Michigan Pre-Seed Capital Fund, totaling $585,000. To date,...
SPARK Celebrates the Hyundai Expansion at the Detroit Auto ShowA posting from Luke Bonner, SPARK’s Business Development Vice President: Last week I had the pleasure of attending the...
Ann Arbor SPARK Launches CEO Podcast SeriesAnn Arbor SPARK, a public-private partnership whose mission is to advance innovation-based economic development in the greater...
Hyundai American Technical Center Inc. to Expand, Receives Support from Ann Arbor SPARK, MEDCAnn Arbor SPARK, a public-private partnership whose mission is to advance innovation-based economic development in the greater...
Lakeside Software Granted Third Data Collection and Aggregation PatentLakeside Software, a leader in business intelligence solutions for IT professionals, announced that the company has expanded its...
Continuing to Grow LocallyAnn Arbor SPARK’s Business Development team promotes the region’s unique assets to advance the economy through the attraction...
Area News
The University of Michigan is balancing growth in its campus population and facilities with an overarching goal of reducing greenhouse gas emissions, as per its recently released Annual Sustainability Report.
Total greenhouse gas emissions for the fiscal year ended June 30, 2011 climbed by 7.5% as compared to the 2010 fiscal year, an increase significantly attributed to the ramping up of the new C.S. Mott Children's Hospital and Von Voigtlander Women's Hospital and the opening of the North Campus Research Complex last January, according to Terry Alexander, executive director of the U-M Office of Campus Sustainability.
By the end of fiscal 2012, U-M is looking at having over 1,000 people working at the North Campus Research Complex, Alexander says.
"Our goals just look at total numbers, but if you look at it on a per square-foot basis and per person basis, our energy use has actually reduced by about 21% since 2004," says Alexander. "That's a good trend, but we continue to grow and we're adding more people, we're adding more building space, so that number is going to continually change as we move forward."
The year's highlights include completion of the Campus Sustainability Integrated Assessment, a plan of long-term goals in the realms of climate action, waste reduction, healthy environments, and community awareness. Action items include, for example, reducing greenhouse emissions created both onsite and through purchased electricity by 25% and cutting waste tonnage sent for disposal 40% by 2025.
Other successes were achieved by the university's Planet Blue operations teams, which implement energy-saving measures in buildings and train occupants on proper usage of those systems. The teams scoured 71 buildings, resulting in an 8% less energy usage and $3.8 million in cost savings over the year.
The university also reports cleaner-running buses and increased ridership. 6.9 million bus rides were taken in fiscal 2011, up from 6.5 million over 2010. Two new diesel electric hybrid buses are on the road, with another two are on the verge of being deployed. Three more are on order, to bring the total to seven such hybrid buses in circulation by the end of 2012, Alexander says.
And now the athletic campus and other venues are under the green microscope for 2012. University officials are working with a group of student athletes interested in incorporating more sustainable features into campus athletic events. The new law school building and women's and children's hospitals are under review for LEED certification. And officials are also in the final stages of negotiating with DTE Energy for solar panel arrays for the engineering campus and the North Campus Research Complex, says Alexander.
Already underway is the Planet Blue Ambassador program, in which students and staff members attend class together and then raise community awareness of energy conservation issues. "We hope by a certain time we'll have a couple of ambassadors in every building on campus so it can be our outreach effort on campus," Alexander notes.
Sources: Terry Alexander, executive director, U-M Office of Campus Sustainability; U-M Annual Sustainability Report, 2011
Writer: Tanya Muzumdar
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