Get Face Time with a big Michigan VC
Many entrepreneurs want to get in front of a VC. Well here’s your chance. The folks at Beringea, Michigan’s largest Venture Capital firm, will hold ‘Office Hours’ in 2011 in several communities around the state. Similar to the office hours format used by university professors, these sessions will provide the Michigan entrepreneurial community open access to Beringea venture capitalists for their perspective, feedback... [Read More...]
Smart Grid Companies look at this
4 big venture firms and General Electric are dangling $200 million in seed capital for good ideas and start-ups that will dramatically improve the grid. Check out this article in cnet for more information. GE, VCs offer $200 million in smart grid challenge. Read More →
Three Companies Receive Combined $110,000 From Michigan Microloan Fund Program
Three Michigan companies recently received a combined total of $110,000 through the Michigan Microloan Fund Program, bringing the total amount invested through the Fund to over $1.69 million. GreenSand Corporation, iQ-Telematics and MyBandStock Corporation received the funding to support commercialization of their core products. Since the Michigan Microloan Fund Program was established in July 2009, 42 companies have received over $1.6 million... [Read More...]
Three More Companies Receive Microloans
Three Michigan companies recently received a combined total of $140,000 through the Michigan Microloan Fund Program, bringing the total amount invested through the Fund to over $1.4 million. Detroit Electric, Ergun Technologies, and Local Orbit received the funding to support commercialization of their core products. Read about the companies. Read More →
Angel Tax Credits better than a Capital Gains Tax Cut
There are some politicians who actually get it. I’m not talking about a certain gubenatorial candidate. I’m referring to some state and federal legislators. Here’s the latest example. Maryland Congressman Chris Van Hollen has joined Congresswoman Betty McCollum (D-MN), Congressman C.A. Dutch Ruppersberger (D-MD), Congresswoman Allyson Schwartz (D-PA), and Congressman Jared Polis (D-CO) in introducing the Innovative Technologies... [Read More...]
4 Companies Receive Michigan Microloan Funding
The Michigan Microloan Fund Program recently awarded four Michigan Companies a combined total of $122,000. Akervall Technologies, Blaze Medical Devices, Ellison Corp. and Waste Water Heat Transfers Systems all received the funding to support commercialization of their core products. Akervall Technologies are based in Ann Arbor and have developed the Protech Dent™ mouth guard. Blaze Medical Devices is also based in Ann Arbor and is developing... [Read More...]
SPARK Wins Midwest Collaboration Award
At the 2010 Midwest Collaboration Awards, as presented by the Midwest Technology leaders, Ann Arbor SPARK was honored for its collaboration with the Michigan Life Science and Innovation Center (MLSIC). The award identifies, creates, supports, and honors impacting partnerships between Midwest companies and local individuals/groups benefitting the technology community. The award was a result of SPARK’s work on vital entrepreneurial programs... [Read More...]
3 Michigan Companies Receive Michigan Microloan
Ann Arbor SPARK is excited to announce that Inventure Enterprises, LED Optical Solutions and RiserCam have all received funding that will support the commercialization of their core products. Funding came from the Michigan Microloan Fund Program which has invested in total $1.1 million and collectively contributed $121,000 to these three new Michigan companies. Inventure Enterprises is based in East Lansing and is a global provider of management... [Read More...]
Sen. Dodd’s bill needs amending
Have you seen or heard about Senator Christopher Dodd’s Financial Reform Bill and the provisions regarding angel funding? There is an excellent article in Business Week about the provision that would increase the requirements of an individual to qualify as an accredited investor. It would take out an estimated 40% of people who qualify today from being able to make a sophisticated investment in a promising new technology-based business. Furthermore... [Read More...]
Buycentives, CIMple Integrations and Local Orbit Awarded Microloans
Three Michigan companies recently received a combined total of $95,000 through the Michigan Microloan Fund Program. Buycentives, CIMple Integrations, and Local Orbit received the funding to support commercialization of their core products. Microloans available through the Michigan Microloan Fund Program range from $10,000 to $50,000. To qualify, companies must be a small business located in Michigan, have ownership or license to innovative technology,... [Read More...]
