MEDC Provides More $ for Support Services

The MEDC announced today that four non-profit organizations that support entrepreneurial activities in Michigan will receive $250,000 each for the next two years to keep doing what they do.  The four organizations are Automation Alley, Biotechnology Business Consultants, Great Lakes Entrepreneurs Quest and M-Tech.  Watch for the press release tomorrow.  We are particularly glad to …

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Michigan Pre-Seed Capital Fund Re-Funded

The SEIC Board yesterday (3/25/09) approved the proposal from Ann Arbor SPARK for the new $6.8 million pre-seed fund.  The new money comes from the unused dollars in the 2006 21st Century Jobs Fund competition.  These funds will be added to the current pre-seed fund which was nearly dry.  30 investments were made from the original funding in …

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SPARK Boot Camp – A Camper’s Retrospective

Sharpened focus, expanded network and accelerated execution. Everyone with a business idea loves to talk about it.  They talk and talk!  Few actually take action. At the beginning of 2008 Dylan Imre and I came up with the idea of creating a business around software for prediction markets.  One of the earliest actions we took  …

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Getting the Strategy Right

Business in a fiercely competitive world demands focusing on an area where battles can be won. The right strategy and people makes winning those battles possible. Ann Arbor SPARK has developed many educational programs which are geared to helping entrepreneurs launch and grow their business. Entrepreneurs  Boot Camp, now in its fifteenth session is an …

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Entrepreneur Boot Camp Applications Available

Ann Arbor SPARK’s Business Accelerator is now accepting applications for its next Entrepreneur Boot Camp, scheduled April 23-24. Teams interested in participating in the two-day business planning and preparation event must submit applications by March 30, 2009. For more info, check out http://www.annarborusa.org/start-ups/boot-camp/

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“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. Ann Arbor SPARK has taken steps …

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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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