Four More Michigan Companies Receive Support from Michigan Pre-Seed Capital Fund

Four more Michigan companies recently received investments from the Michigan Pre-Seed Capital Fund.  To date, 38 Michigan companies have received seed funding from the Michigan Pre-Seed Capital Fund, a collaborative effort of Michigan’s SmartZones.  Combined, Mandy & Pandy, Algal Scientific, Axenic Dental, and RealBio Technology received $924,000 from the Michigan Pre-Seed Capital Fund. read more…  Read More →

Crain’s identifies SPARK as “scratching the entrepreneurial itch”

From Crain’s cover’s Washtenaw/Livingston …Goldschmidt is one of the nearly 70 new startups that have begun working with Ann Arbor Spark this year, a roughly 25 percent increase from the same period in 2008, according to Skip Simms, director of business acceleration services at Spark. Much of the spike is driven by an increased awareness of the resources available to Ann Arbor’s entrepreneurial community and an increase in... [Read More...]

Three Ann Arbor Companies Receive Support From Michigan Pre-Seed Capital Fund

Three more Michigan start-up companies have received investments from the Michigan Pre-Seed Capital Fund.  To date, 34 Michigan companies have received critical seed funding through the Michigan Pre-Seed Capital Fund, a collaborative effort of Michigan’s 15 SmartZones. •    White Pine Systems, sponsored by Ann Arbor SPARK, received $225,000.  White Pine Systems is an internet-based medical records service to securely store and manage personal... [Read More...]

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 just two years.  The MEDC provided another $1.5 million last fall and allowed three more investments... [Read More...]

MI Pre-Seed Capital Fund Q1 Investments

3 new investments made by PSF The Michigan Pre-Seed Capital Fund has made three more investments bringing the total number of investments to 22.  The three lastest investments were companies in Lansing, Kalamazoo and Ann Arbor. Two were life science companies and the third in homeland security and defense sector. Read the full press release at http://www.annarborspark.org/business-resources/news-of-note/Index.cfm?i=2398 Michigan Pre-Seed Capital... [Read More...]

Looking for Angel Money?

Five Things I Learned at the Angel Capital Association Midwest Conference Richard Bruder of Enterprise Law Partners recently attended the Angel Capital Assoc. Midwest conference and came back with some interesting observations.  You can read his newsletter containing the five most important take-aways at http://www.elp-law.com/newsletters.php If you are trying to raise money from angels Richard makes some very valuable points about your audience... [Read More...]