Sen. Dodd’s bill needs amending

Have you seen or heard about Senator Christopher Dodd’s Financial Reform Bill and the provisions regarding angel funding?  There is an excellent article in Business Week about the provision that would increase the requirements of an individual to qualify as an accredited investor.  It would take out an estimated 40% of people who qualify today from being able to make a sophisticated investment in a promising new technology-based business.  Furthermore... [Read More...]

The Michigan Daily Covers Entrepreneurs and Incubators

Ann Arbor, Venture Capital is the headline of a great article written by Addie Shrodes of The Michigan Daily. The article covers entrepreneurialism in Ann Arbor and includes information about SPARK and the work we do assisting start-ups as well as on the student incubator, TechArb. Read the article.  Read More →

AnnArbor.com and Concentrate Feature Local Serial Entrepreneurs

AnnArbor.com and Concentrate cover some local serial entrepreneurs. Click the links below to read their stories. From AnnArbor.com:  Dual entrepreneurs reflect next stage of Ann Arbor’s startup community From Concentrate: Ann Arbor’s entrepreneurs multi-task with a variety of start-ups  Read More →

SPARK’s Jennifer Owens Testifies to Commerce Department

WHO: Jennifer Owens, Ann Arbor SPARK’s vice president, business development WHERE: United States House of Representatives Commerce Department Committee on Science and Technology WHAT: Owens will give testimony to the Commerce Department Committee on Science and Technology on the importance of manufacturing in economic development.  She will discuss how manufacturing is critical to the success of innovation-based start-ups that require partners... [Read More...]

RealKidz Awarded Eastern Washtenaw Microloan Funding

RealKidz, a clothing company aimed at above-average and average-sized girls, was recently awarded a loan from the Eastern Washtenaw Microloan Fund, a funding opportunity for start-ups that’s part of the Michigan Microloan Fund Program.  RealKidz will use the funding to expand its commercialization efforts through an online social network for families to help them support their daughters and make healthy lifestyle choices. Read more…  Read More →

New Eagle Receives First Eastern Washtenaw Microloan Fund

We are pleased to announce that New Eagle, a technology-enabled service provider, was recently awarded the first loan from the Eastern Washtenaw Microloan Fund. This is a funding opportunity for start-ups that’s part of the Michigan Microloan Fund Program.  Washtenaw County helped to fund the Michigan Microloan Fund Program to help companies like New Eagle, based in Ypsilanti, Mich., who will use the microloan to commercialize its MotoHawk® software. Read... [Read More...]

SPARK East Incubator Profile: WhereToFindCare.com

WhereToFindCare.com LLC is a Michigan-based startup that seeks to empower people in health care decision-making. Because there are so many choices for health care today, the firm offers a free website that combines quality and satisfaction data of many different types of health care facilities and presents them in a clear, concise format which eases patients’ decision making process. It allows patients, families and visitors to rate and review the... [Read More...]

Nanosystems featured in the Detroit Free Press

“In just four years, John Nanos has gone from teaching organic chemistry at the University of Michigan to building a multimillion-dollar company that’s helping the environment.  Katherine Yung profiles Ann Arbor SPARK client Nanosystems in October 4th, 2009 feature.” http://www.freep.com/article/20091004/BUSINESS06/910040435/1002/Business/Greener-chemical-products-allow-start-up-to-blossom “But Nanos, who got his bachelor’s... [Read More...]

Michigan Capital Available

Next Tuesday we are updating everyone on all the state funded programs that can put cash in the bank account of start-ups and early stage companies.  Andy McColm at U of M Office of Tech Transfer, Ned Staebler from the MEDC and Iwill explain the ins and outs of the many programs available.  We will explain the qualifications for eligibility and processes to apply. The program will be streamed on the web live for those who cannot attend.  Go to http://www.annarborusa.org/start-ups/pre-seed-fund/live/... [Read More...]

It’s Hard to Raise Money Today

Unfortunately there is not much new, or anything you don’t already know, about how difficult it is for a start-up to raise capital in 2009.  That makes it even scarier for a corporate executive interested in transitioning from the BIG world to the SMALL world. Our friend Jim Price over at the Ross School at U of M was interviewed for the school newsletter.  He discusses the differences between the two cultures and the paradigm shift these... [Read More...]

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