Five Companies Receive Michigan Microloan Fund Program Awards

Five Michigan companies have received a combined total of $250,000 through the Michigan Microloan Fund Program, bringing the total amount loaned through the Fund to more than $3.8 million.  The companies received the funding to support commercialization of their core products. More information on the companies that received Michigan Microloan Fund Program support is available via video: …

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Twelve Companies Receive Michigan Microloan Fund Program Award

Twelve Michigan companies have received a combined total of more than $444,000 through the Michigan Microloan Fund Program, bringing the total amount loaned through the Fund to more than $2.4 million.  The companies received the funding to support commercialization of their core products. “The companies that received Michigan Microloan Fund Program awards represent the wide range of …

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Nine Companies Receive Michigan Microloan Fund Program Support

Nine Michigan companies have received a combined total of more than $478,000 through the Michigan Microloan Fund Program, bringing the total amount invested through the Fund to more than $2 million.  The companies received the funding to support commercialization of their core products. “Microloan funding, by design, is that bit of extra support that a company needs …

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Akervall Technologies Repays $15,000 Michigan Microloan Fund Program Award

Akervall Technologies recently repaid its Michigan Microloan Fund Program award, making it the first microloan recipient to repay funding.  The company, whose work on the innovative Protech Dent™ mouth guard was also awarded phase I SBIR funding, repaid its $15,000 microloan in just 15 months, nine months before it was due. “Akervall Technologies is the …

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Three Companies Receive Combined $145,000 From Michigan Microloan Fund Program

Three Michigan companies recently received a combined total of $145,000 through the Michigan Microloan Fund Program, bringing the total amount invested through the Fund to over $1.8 million.  FamilyMint, Fusion Coolant Systems and Shepherd Intelligent Systems received the funding to support commercialization of their core products. FamilyMint, based in Ann Arbor, is an online budgeting …

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California’s Innovation Model… Michigan?

A great article in the San Fransisco Business Times talks about how California can get its “innovation game back,” it should follow Michigan’s example. Noted venture capitalist Tom Baruch offers insight on where we’re  getting it right and what other states can learn from Michigan. The article notes Michigan’s robust entrepreneurial eco-system as having an …

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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, …

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