ANN ARBOR ? Financing your start up, one of the most important issues to face entrepreneurs, will be the focus of the next Great Lakes Entrepreneur’s Quest seminar, which is co sponsored by Ann Arbor SPARK a part of their joint program to encourage and support Michigan entrepreneurs.
This important discussion will begin at 6pm on October 26th at the Michigan Information Technology Center in Ann Arbor and is free to pre-registrants.
Tim Mayleben, Managing Director, Esperance BioVentures and former Chief Operating Officer of Esperion Therapeutics will lead this discussion from a successful entrepreneur’s and CFO perspective. He?ll discuss financing options entrepreneurs should consider when capitalizing their start-ups.
This training session is designed for both first time entrepreneurs and seasoned serial entrepreneurs seeking to refresh their understanding of financing options.
The GLEQ is a nonprofit 501(c)(3) educational program designed to accelerate the formation of high-growth companies across Michigan. Anyone who lives, works or attends school in Michigan can participate in the competitions and educational programs at no cost.
GLEQ sponsors two statewide business plan competitions each year. The Quest is structured into two distinct maturity ?paths?: companies with more developed businesses compete in the Emerging Company (EC) path while teams with new or less developed business ideas compete in the New Business Ideas (NBI) path.
The EC teams must complete and submit an 8 to 12 page business plan, while the NBI teams must develop and submit a five-page executive summary describing their business or business idea. The GLEQ provides the assistance of coaches and educational programs to help all entrepreneurs with their business plans. Cash awards up to $25,000 and in-kind awards are provided to the EC and NBI winners. In addition, Innovation Awards sponsored by Automation Alley, NextEnergy and Southwest Michigan First provide investment amounts up to $12,500 for teams meeting the sponsor criteria.
The GLEQ is currently sponsored by the Ann and Carman Adams Fund of the Community Foundation for Southeastern Michigan, Wayne State University, Apjohn Group, Southwest Michigan First, Automation Alley, NextEnergy, the Samuel Zell and Robert H. Lurie Institute at the University of Michigan Ross School of Business and Lambert, Edwards & Associates. Additional cash sponsors include MPI Research and The Right Place.
MItechnews.Com is a media sponsor.
Additional information is available at GLEQ.Com
