Virta Laboratories Wins Ann Arbor SPARK’s Best of Boot Camp

Virta Laboratories, Inc. was awarded Best of Boot Camp at the conclusion of Ann Arbor SPARK’s 24th Entrepreneurial Boot Camp. Virta Labs was chosen as winner by a panel of investors and industry experts who rated Boot Camp participants’ pitches. As Best of Boot Camp winner, Virta Labs received membership to the New Enterprise Forum (NEF) and a NEF coaching team for one year as well as an engagement with the Ann Arbor SPARK business accelerator. Virta... [Read More...]

$2 Million Michigan Angel Fund Begins Investing in Early Stage Companies

The Michigan Angel Fund (MAF), a professionally managed equity fund focused on capital efficient early stage companies located in Michigan, recently closed the fund to new investors. MAF is a $2 million fund that, with more than 70 members, is the largest angel organization in Michigan. MAF has already made its first investment, in East Lansing-based BioPhotonics Solutions, a Michigan State University spin-out venture, producing technology that automates... [Read More...]

Entrepreneurship Resources for Your First or Tenth Start-Up

Do You Already Lead a Business or Are You Considering a Start Up? Starting your own business is a big step, but one you don’t have to take alone. Utilize the power of our community for your best chance at success. If you currently own a business or are considering the possibility, here are some resources to consider:   UPCOMING PROGRAMS Annual Collaboration for Entrepreneurship (ACE), January 31 ACE is the place where Great Lakes region entrepreneurs... [Read More...]

What’s in a Term Sheet?

Not often discussed in presentations about starting a company, particularly an innovative high growth company raising private equity from angels and VCs, is the term sheet.  The New Enterprise Forum and Ann Arbor SPARK are presenting a two part program about the various aspects of a term sheet.  An attorney, investor and CEO will discuss the many elements of a term sheet and the ramifications of each.  The first program is in two weeks, Thursday... [Read More...]

NEF meeting on Term Sheets

Term Sheets is a subject rarely discussed in any detail in a public forum, even though they are referred to often.  Do you know what is in a Term Sheet?  We’re going to tackle the subject in a rare series of programs at the New Enterprise Forum meetings in September and October.  Even two sessions won’t be enough to give you much detail, but you will probably walk out of each meeting knowing a lot more about them than you do today.  The... [Read More...]