Angel Investing in Michigan

Angel investing is becoming a topic of discussion around the state.  Angels and entrepreneurs are the job creators in our country.  The entrepreneur brings the ideas, technology, and business opportunity while the angels provide the capital and management experience and strategic thinking that help startups grow and prosper.  Startups create more net new jobs than any other sector of the economy over time.  Angels move our overall economy forward... [Read More...]

Michigan Pre-Seed Capital Fund Invests $600,000 in Three Start-Ups

FOR IMMEDIATE RELEASE – ANN ARBOR, MICH. – JULY 9, 2012 – Three Michigan companies recently received investments from the Michigan Pre-Seed Capital Fund, totaling $600,000.  To date, the Michigan Pre-Seed Capital Fund, a collaborative effort of Michigan’s SmartZones to support start-ups’ product commercialization, has awarded 75 Michigan companies with seed funding totaling more than $16.5 million. The three companies recently awarded... [Read More...]

Michigan Pre-Seed Capital Fund Invests $2 million in Nine Start-Ups

Nine Michigan companies recently received investments from the Michigan Pre-Seed Capital Fund, totaling more than $2 million. To date, the Michigan Pre-Seed Capital Fund, a collaborative effort of Michigan’s SmartZones, has awarded 72 Michigan companies with seed funding totaling more than $16 million. “The Michigan Pre-Seed Capital Fund is helping businesses across the state bring their innovative products to market,” said Skip Simms, Ann... [Read More...]

MEDC Awards Ann Arbor SPARK $100,000 for MichAGAIN

The Michigan Economic Development Corporation (MEDC) recently awarded $100,000 to Ann Arbor SPARK, a public-private partnership whose mission is to advance innovation-based economic development in the greater Ann Arbor region.  Ann Arbor SPARK will use the funding to manage MichAGAIN trips to Boston, Chicago, Palo Alto, and Washington, D.C. this year. “MichAGAIN is a platform for evangelizing the state in areas rich with talent and growing businesses,”... [Read More...]

Annual Collaboration of Entrepreneurship Draws Almost 1,000 People to Ann Arbor

This past January, almost 1,000 people traveled to Skyline High School in Ann Arbor for the 12th Annual Collaboration of Entrepreneurship (ACE’12). Representatives from fifteen different organizations, all focused on entrepreneurship and hi-tech start-ups, came together to organize the event. ACE brings together entrepreneurs, service providers, investors, students, government agents and other members of the business community to network, learn... [Read More...]

Michigan Pre-Seed Capital Fund Invests $585,000 in Three Start-Ups

Three Michigan companies recently received investments from the Michigan Pre-Seed Capital Fund, totaling $585,000.  To date, the Michigan Pre-Seed Capital Fund, a collaborative effort of Michigan’s SmartZones, has awarded 63 Michigan companies with seed funding totaling more than $14 million. The Michigan Pre-Seed Capital Fund companies have attracted more than $18 million in matching grant and equity funds.  In 2011, the Michigan Pre-Seed Capital... [Read More...]

Ann Arbor SPARK awarded $500,000 from the MEDC for SPARK East Incubator

Ann Arbor SPARK was recently awarded $500,000 from the Michigan Economic Development Corporation’s (MEDC) 21st Century Jobs Fund. The funding will support the Ann Arbor SPARK East business incubator. “MEDC support for Ann Arbor SPARK’s East incubator extends and enhances opportunities for start-ups throughout the region,” said Paul Krutko, president and CEO, Ann Arbor SPARK. “Business incubators play an important role... [Read More...]

Its a small world after all

Paul Krutko speaking at the VC breakfast. Our team is up bright and early this Tuesday morning to spread the word of cool technologies, high returns, and the growing venture capital scene in Michigan to a group of around 30 Silicon Valley VC’s and high net worth individuals. The group was very interested in hearing more about our upcoming CEO Podcast between Paul Krutko, President and CEO of Ann Arbor SPARK,  and Jan Garfinkle, Founder and Managing... [Read More...]

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

Sassa Akervall, COO of Akervall Technologies, and Skip Simms, senior vice president of Ann Arbor SPARK 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... [Read More...]

MichAGAIN Boston Attracts VCs

MichAgain's VC luncheon attracted attention to the state's growing companies What do you get then you put 15 high powered VCs in a room?  About $1 billion of capital to spend and a whole lot of interest in our entrepreneurial endeavors. Our first MichAGAIN Boston event was a ravishing success.  Our informal program was packed with dynamic speakers including our very own VC expert Skip Simms, as well as Ken Nisbet, head of U-M Tech... [Read More...]

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