KALAMAZOO ? TGap Ventures scored big again with another portfolio company exit when CVS Pharmacy bought MinuteClinic Inc. for $213 million. The deal went into escrow on Aug. 2. The only issue holding back the closing is getting approval from the state of Florida for the transfer of the Minute Clinics there to CVS, said
TROY ? The Money Finders has negotiated close to $2 million in private equity funding for the Michigan-based developer of a high-efficiency wastewater treatment system that promises low processing costs combined with important environmental advantages. This new patent-protected system dramatically improves upon a time-tested and widely used technology called the modified rotating biological contactor, or
GRAND RAPIDS ? The business plan is the heart of a successful, growing company that helps business owners accomplish their goals and also serves as a critical tool to tap private-equity finance. For the next 10 weeks the Michigan Small Business Development Center will walk existing and potential entrepreneurs through the creation of a business
ANN ARBOR ? A fund raiser will be held Aug. 3 for Network Downtown Founder Ron Suarez, a technology entrepreneur, who is running for the Ann Arbor City Council primary election Aug. 8. ?We've already raised significant funds, so you don't have to worry about whether you are able to contribute,? Suarez said. ?Just come
TROY ? Applications are being accepted by Walsh College through Aug. 14 for a single Adams Entrepreneur Fellowship that will begin this fall and match the winning entrepreneur with CEO mentors. Walsh College said it received a generous grant from The Community Foundation for Southeastern Michigan through the Ann and Carman Adams Fund for ?The
KANSAS CITY - Individual angel investors continued to form organized investor groups, increasing the number of angel groups nationwide from 150 to 250, a nearly 60 percent rise in the past three years. This news comes from an analysis by the Angel Capital Education Foundation (ACEF) and the Ewing Marion Kauffman Foundation. The survey also
ANN ARBOR ? The 2006 edition of the Michigan Growth Capital Symposium has posted most of the overviews for the presenting companies on line. If you missed this year?s MGCS, but want to see some great deal flow, these company overviews are not to be missed. Thirty six snapshots of up and coming technology, energy
BIRMINGHAM ? StartupNation has launched a new blog from eBay Powersellers, Kevin Harmon and Brandi Ramos, to help those looking to start and grow an eBay business. ?We?re thrilled that Kevin and Brandi are lending their expertise to those in our community who want to succeed with an eBay business,? said Rich Sloan, StartupNation Co-founder.
ANN ARBOR ? Unusual Entrepreneurs will share their wild success stories July 27 when the New Enterprise Forum features how a wacky idea, serendipity, or just plain luck brought these businesses to life. The monthly program is scheduled for the Holiday Inn North Campus on 3600 Plymouth Road. Registration begins at 5 pm, with the
ANN ARBOR ? The New Enterprise Forum welcomes three new board members who bring business and venture capital experience to the entrepreneur and economic development group. Assuming their new volunteer board positions are Sreeram Veeragandham - managing director of Gitega Capital, Lauren Bigelow Reed - director of programs for Cleantech Venture Network and Dr. Gerry