Ann Arbor SPARK to Raffle a One-Year Lease to SPARK East, A $4,800 Value

That’s right. Ann Arbor SPARK is preparing to open our SPARK East Business Incubator. Located at 211 W. Michigan Avenue in Ypsilanti, the SPARK East facility is 8,000 square feet and is the perfect space for a small start-up. Look at what the raffle winner will receive! Tenant amenities include: Cubicle and office space for …

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21st Century Jobs Fund Update

Peer Reviewers, Loan Terms, More Competitors The SEIC Board met last Wednesday and recommended the National Center for Manufaturing Sciences (NCMS) be the organization to conduct the peer review process for this round of the 21st Century Jobs Fund competition. The MEDC http://www.themedc.org/21cbizplan/ also talked about the loan to be used for the awarding of …

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Interest in 21st Century Jobs Fund Competition Low

Very few companies have registered to apply for 21CJF competion Have you thought about applying for the 21st Century Jobs Fund pool of $30 million and decided not to?  THINK AGAIN. Only 30 companies have registered so far for the competition.  That’s not much competition.  The word is, apply even if you don’t think you …

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21CJF Update

New information about application content Have you read the FAQ regarding the 21st Century Jobs Fund competition recently?  Here’s the link: http://ref.themedc.org/cm/attach/18efd0c7-95d3-4a2f-89e4-cae672d8ecd2/20080428_FAQs.pdf Here are some highlights that shed more light on  the RFP. You already know there will be 2 types of loans, a straight loan and a convertible note.  Which will apply to you?  …

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21st Century Jobs Fund Survey

Survey of companies considering an application for the competition Shepherd Advisors is conducting a volunteer survey of companies considering application to the 21CJF competion.  http://www.surveymonkey.com/s.aspx?sm=pub_2bWsXr5QdcceT8FBMjIw_3d_3d The survey is short and is designed to capture some very general information about interested applicants.  By collecting this info we may get a sense of just how many applications …

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MI Pre-Seed Capital Fund Q1 Investments

3 new investments made by PSF The Michigan Pre-Seed Capital Fund has made three more investments bringing the total number of investments to 22.  The three lastest investments were companies in Lansing, Kalamazoo and Ann Arbor. Two were life science companies and the third in homeland security and defense sector. Read the full press release …

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Looking for Angel Money?

Five Things I Learned at the Angel Capital Association Midwest Conference Richard Bruder of Enterprise Law Partners recently attended the Angel Capital Assoc. Midwest conference and came back with some interesting observations.  You can read his newsletter containing the five most important take-aways at http://www.elp-law.com/newsletters.php If you are trying to raise money from angels Richard …

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21st Century Jobs Fund next round delayed

SEIC Board meeting canceled 2/25/08 Yesterday’s meeting of the SEIC Board was canceled since not enough members could attend to make a quorum.  Their next meeting is March 12.  See their schedule for the year here: http://www.themedc.org/Boards-Committees/SEIC-Board/Default.aspx The main item on the agenda yesterday that is now delayed two weeks was to approve the announcement …

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