Ann Arbor’s OWN Point of Sale adds 14 jobs, closes $250K angel round

Ann Arbor software developer OWN Point of Sale is starting to scale its principal product, an operating system for coffee shops, its staff, and its seed capital. The two-year-old start-up recently closed on a $250,000 angel round and has increased its staffing from four people a year ago to 18 employees today. Of those, 12 are full-time, and the company also has an intern and independent contractor helping push its sales forward. "Now we're... [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 →