Angels in the open
Business 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 disappointing part of the list is that all investors, except #25, invest in IT companies only. IT of course covers a lot of industry subsectors like software, mobile apps, gaming, computing, internet, etc. But I didn’t see alternative energy, materials,... [Read More...]
Entrepreneur awards and VC program features SPARK’s Amy Cell
From Crain’s Detroit Business Nov. 11, 2009; “The seven winners joined about 140 attendees this morning at a networking breakfast followed by peer-to-peer strategy sessions. Chris Rizik, president and CEO of the Renaissance Venture Capital Fund, presented a session on pitching to venture capitalists and angel investors with Amy Cell, vice president of Ann Arbor Spark. It’s important to understand the role of venture capital, Rizik... [Read More...]
21st Century Jobs Fund Applicants
109 companies applied for funding The numbers are in. 109 companies applied for funding in this round of the 21st Century Jobs Fund competition. An astounding total of $451 million is being asked for in total. Here’s a breakdown of the applicants: 27 in Advanced Automotive, Manufacturing, and Materials asking for $157,845,672 14 in Alternative Energy asked for $71,729,846 19 in Homeland Security and Defense asked for $43,402,965 49 Life... [Read More...]
MI Pre-Seed Capital Fund update
New investments made since June, 2007 There was not a slow down in deal flow for the Michigan Pre-Seed Capital Fund during the summer and it continues through the fall. Since our last post we have made investments in these companies… Phrixus Pharmaceuticals – Ann Arbor Avidimer Therapeutics – Ann Arbor Compendia Bioscience – Ann Arbor Accord Biomaterial – Ann Arbor Hybra-Drive Systems – Deerfield RazorThreat –... [Read More...]
