Startups are notoriously difficult to get right, which is why so many of them fail within the first year. There are so many things that can go wrong, and so many people think that starting a business is going to be easy and don’t do their research or planning that it’s no wonder most of
ANN ARBOR—Research led by University of Michigan faculty and researchers generated a record-breaking 615 new inventions last year—a feat rarely achieved by any research commercialization office in the country. Additionally, 28 startup companies were launched to support the commercialization of U-M research discoveries. These new companies are advancing technologies across an array of disciplines, ranging
LANSING - The Michigan Economic Development Corporation, the state's business incentive arm, doesn't want the Governor's proposed $60 million innovation fund to be created with predetermined grant recipients in mind. "That's not the structure which is being proposed here," Amy Rencher, MEDC's vice president of small business services, told MIRS when asked about the possibility
LANSING - Lt. Governor Garlin Gilchrist II announced four Michigan nonprofit organizations will receive initial awards from the Michigan Innovate Capital Fund (MICF), a new program to continue growing a vibrant and robust entrepreneurial ecosystem in Michigan. “Michigan is home to dreamers, doers, innovators and pioneers pushing the boundaries and building the future,” said Lt.
Only a few states in the United States could compete with Michigan when it comes to providing an enabling environment for startups. The state boasts a properly developed labor market, a vast consumer market for businesses to tap into, and a friendly government. When you add its entrepreneur-friendly environment, you will understand why it is
DETROIT - Bamboo Detroit invites the tech community to come join the tech co-working company in June every Tuesday for Tech Tuesdays starting June 6. Tech Tuesdays provides founders, funders, coders, creatives, and community builders in tech with free space to work and host events every Tuesday! During the day, the space is available for free
TRAVERSE CITY - TCNewTech has returned to featuring regularly scheduled programming with TCNewTech Pitch Night, taking place on the first Tuesday of the month. This event features a full lineup of five exceptional teams, showcasing the remarkable entrepreneurial talent that Northern Michigan has to offer. The goal at TCNewTech is to attract and nurture disruptive
EAST LANSING–Reseda Group, a wholly owned credit union service organization of MSU Federal Credit Union, announced $8 million in investments to support and grow several emerging fintech companies. The investments are spread across the four companies—Nymbus, Flow Networks, Prizeout, and Larky—and are part of Reseda Group’s efforts to bring innovative technology and solutions to help credit unions create a
BIRMINGHAM - Great Lakes Angels Fund and Birmingham Angels added five startups in December to its portfolio. Those companies are: Need Anything Kind Katch Catalyst Ulendo Wide Awake VR City Side Ventures is a driven venture group of experienced business builders, die-hard serial entrepreneurs, disrupters, innovators, and technologists. We are more than just traditional investors;
ANN ARBOR - The Michigan Venture Capital Association celebrates its 20th anniversary in 2022 with a new report on the state of Venture Capital in Michigan. Details are provided by MVCA Executive Director Ara Topouzian in this interview with Mike Brennan and Matt Roush. To read the full report, click on MichiganVCA.Org https://youtu.be/RQKQDRHdG5Y
