SPARK Central incubator tenant Hygieia, Inc. receives 510(k) clearance from FDA
Hygieia, Inc., a tenant at the SPARK Central business incubator, recently received official 510(k) clearance from the US Food and Drug Administration (FDA) for its BaseSens I Blood Glucose Monitoring System. Hygieia, Inc. is a start‐up that is developing a proprietary hybrid medical device that combines state‐of‐the‐art blood glucose monitoring capability with a physician‐initiated self‐adjusting insulin dose calculator. Of the news,... [Read More...]
Nanosystems featured in the Detroit Free Press
“In just four years, John Nanos has gone from teaching organic chemistry at the University of Michigan to building a multimillion-dollar company that’s helping the environment. Katherine Yung profiles Ann Arbor SPARK client Nanosystems in October 4th, 2009 feature.” http://www.freep.com/article/20091004/BUSINESS06/910040435/1002/Business/Greener-chemical-products-allow-start-up-to-blossom “But Nanos, who got his bachelor’s... [Read More...]
Micro loans becoming very popular
Six months ago there was no such thing as a loan for a pre-revenue, innovative start-up company. Today, if you are in Washtenaw county there are three sources for loans. There has been a lot of press about these micro loans the past few weeks. Expect a lot more. We have made four loans to companies around the state through the Michigan Pre-Seed Capital Fund program totalling $137,500 in just three months. Applicants for the Ann Arbor and... [Read More...]
RealKidz CEO receives Pioneer Spirit Award
Anyone who knows Merrill Guerra is not surprised that she is the recipient of the 2009 Pioneering Spirit Award from the National Association of Women Business Owners Greater Detroit Chapter. She will be recognized and given the award at NAWBOs annual meeting in Troy on June 11. This award is presented to a woman business owner who is doing something innovative in her business or who has started an innovative business. Merrill’s mission... [Read More...]
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? The MEDC says this will be negotiated... [Read More...]
