HOLLAND - A West Michigan venture capital firm closed last week on $7.2 million of the $10 million it seeks to raise to invest in health care startups. Formed last fall by Genesis Innovation Group LLC, a developer of emerging medical device technologies, cultivate(MD) Capital Fund GP LLC netted investments from about 50 individual investors. Many investors are
ROYAL OAK - Inforum InGAGE’s Tember Shea interviewS Katie Novak, President and CEO, Vaugahn Industries that brings a unique approach to application problems in the car-wash industry. Novak is a current InGAGE student and an award winning entrepreneur. She took over the role of CEO from her deceased brother in 2014. To listen, click on
ANN ARBOR - Applications will be accepted through Tuesday, March 6. (11:59 EDT). Selected companies will be notified March 27 and are required to register for the conference. Presenting companies will receive a per person discounted registration rate of $295. APPLY TO PRESENT SEE WHO PRESENTED AT MGCS '17 Presenting Company Selection Companies selected to present
ROYAL OAK - Amy Babinchak, the owner of Harbor Computer Services, Third Tier and SellMyMSP, didn’t plan on making IT her career. She switched her college major to computers. But when she went for her first computer certifications, she didn’t have the money to pay for the exams. Her aunt came to the rescue and
WASHINGTON - Globalization, technological innovation, and entrepreneurial dynamism in recent decades have fundamentally transformed the U.S. economy, but states are not equally well positioned to reap the benefits of this so-called “New Economy.” In fact, according to The 2017 State New Economy Index, released Wednesday by the Information Technology and Innovation Foundation (ITIF), there is
DETROIT - On Nov. 15, Wayne State University will launch the Wayne Innovation Hub to coordinate and enhance its program for entrepreneurship education, technology commercialization, and community partnerships, and to enhance the university’s overall culture of innovation. The Wayne Innovation Hub is an element of the university’s five-year strategic plan, Distinctively Wayne State, which identified
ROYAL OAK – Detroit billionaire and real estate mogul Dan Gilbert has been nominated by the Michigan Venture Capital Association for its Entrepreneur of the Year award, while the Michigan Growth Capital Symposium is one of the finalist for the Community Impact Award. Listen as MVCA Executive Director Maureen Miller Brosnan talk about the awards
DETROIT - Registration for the Michigan Council of Women In Technology Foundation’s 12th annual website design competition - now open to middle as well as high school girls - is open until Oct. 31. Last year, 144 competitors from 30 schools vied for cash prizes. More students can participate since the competition is now available to middle-school girls. “We proudly host the longest-running
ANN ARBOR - It's a question every startup struggles with—how to divide the equity before a product, an app or service is developed? Startup founders are often compensated initially with equity shares until the business starts making money, and equally splitting shares seems like the default. Equally splitting these shares can create problems such as
ANN ARBOR - University of Michigan researchers reported 444 new inventions, up from last year's 428, and the fifth straight year of more than 400 inventions from U-M faculty. U-M Tech Transfer also had a record 172 U.S. patents issued in fiscal year 2017, up from 135 in fiscal year 2016. It also signed 173
