GRAND RAPIDS - Private equity investors have more capital to deploy today than they have in years. Statistics from Seattle, Wash.-based Pitchbook show fundraising activity for private equity funds in North America and Europe reached its highest level in a decade, at $212.6 billion through Aug. 1. Meanwhile, a report from the American Investment Council,
HARBOR SPRINGS — A beautiful northern Michigan resort city like Harbor Springs is likely to attract people who can work from anywhere, so they work from their homes. Now, a new nonprofit coworking space will give them someplace else to make a living and build their businesses. Developers of The Loft, a 1,400-square-foot coworking space
ANN ARBOR - A new report says there are 2,476 professionals, working at 152 organizations, that serve Michigan entrepreneurs, including 56 high-tech angel and venture capital investment organizations actively working in Michigan. The 2017 Michigan Entrepreneurial & Investment Landscape Guide goes on to say the most common area of focus for investors working in Michigan
ANN ARBOR - University of Michigan researcher Silvia Lindtner has received one of the first Convergence awards from the National Science Foundation. Lindtner, U-M assistant professor of information, will receive one of the 23 inaugural awards for work to address societal challenges pertaining to work at the human-technology frontier. The amount awarded is $99,185.
ANN ARBOR — The cholesterol-fighting drug developer Esperion Therapeutics Tuesday announced an initial public offering of $150 million of its common stock. Esperion also expects to grant the underwriters a 30-day option to purchase up to $22.5 million of additional shares of its common stock. The company said it would use the net proceeds of
DETROIT - Calling all startups and small businesses, Michipreneur has found more pitch opportunities that lead to cash prizes. In Pontiac their second annual Pitch n’ Pontiac is back. With partnership from CEED Lending, businesses can pitch and compete for prizes. First prize is $7,500 in cash with support services too. Those in food, technology,
ROYAL OAK - What is the Michigan State University Conquer Accelerator Program? Program Manager Tom Stewart says the program helps growing companies overcome hurdles by providing $20,000 in funding and ten weeks of hands-on mentorship and training. Right now four companies are participating in this summer program. They include: HorizonIQ an application that reduces the amount
The City of Detroit has a long and growing list of resources for small business owners looking to put roots down. Whether it’s Motor City Match, Hatch, NEIdeas, there’s plenty of opportunity for business owners. Hatch Detroit is one of the top grant competitions that happens every year, giving away $50K to one lucky winner.
ANN ARBOR - If you need further proof that Detroit has become a technology hub, you only need to read the latest report from the Michigan Venture Capital Association. It says over the past three years the number of startups has exploded by 50 percent. The only thing holding back even more robust growth is a
JERUSALEM, Israel - What’s the best way to describe Israeli private-equity finance company, OurCrowd? How about online dating for accredited investors. Well, that’s how Josh Wolff, OurCrowd Senior Vice President, Global Operations, described it to 20 journalists who were in Israel in June for Cyber Week, an Israeli tech fest at Tel Aviv University that
