Michigan Technology News and Entrepreneurs
ANN ARBOR - A five-year, $30 million investment into bold research and scholarship from the University of Michigan and its faculty members has tripled into a return of nearly $100 million in follow-on funding. The one-of-a-kind Mcubed program is designed to spark innovative projects without traditional review. It rapidly gives seed funding—either at a $60,000
ANN ARBOR - On November 29th at SPARK Ann Arbor Pitch Club will include three startup presentations, a pool of judges, and a special guest Founder & CEO keynote speaker. The application deadline for startups is November 12. Pitch Club is a mentoring and funding program aimed at connecting the various ecosystems and smart zones throughout Michigan.
DETROIT - Earlier this month, the PlanetM Landing Zone was launched at the WeWork center in downtown Detroit. In this video, Trevor Pawl, Group VP, Pure Michigan Connect, Sandy Baruah, Detroit Regional Chamber President, and Megan Dodds, WeWork Midwest Community Director, explain the Landing Zone's mission - to provide a home for Autonomous Vehicle startups
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
ANN ARBOR - Surveys and self-reports are a time-honored way of trying to predict consumer behavior, but they have limitations. People often give socially desirable answers or they simply don't know or remember things clearly. A new study by Carolyn Yoon, University of Michigan professor of marketing, and colleagues Alexander Genevsky of Rotterdam School of
ROYAL OAK - Tember Shea, Director of Inforum’s InGAGE program, interviews Christina York, Founder & CEO, ALTality & Spellbound Books, a semi-finalist in the 2017 Accelerate Michigan Innovation Competition. Spellbound is used at C.S. Mott Children’s Hospital in Ann Arbor to distract children during painful and scary procedures. Now Spellbound has gone commercial to work
DETROIT - 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. Winners will be announced Nov. 15 at the Little Caesars Arena as the
ANN ARBOR - SAHI Cosmetics LLC is the winner of the Rise of the Rest Road Tour pitch competition and received a check from AOL co-Founder Steve Case. Sahi Cosmetics provides custom makeup for women of ethnic skin tones, specifically medium skin tones. The startups that competed were hand selected from hundreds of entries to compete in the
ANN ARBOR - AOL Founder Steve Case brought his Rise of the Rest Venture Capital roadshow to Ann Arbor Wednesday where he meet with other private equity finance, state and city officials at Zingerman's Roadhouse. He was interviewed by MITechNews.Com Editor and Publisher Mike Brennan. During this 2,600-mile trip, Case will personally invest $500,000 ($100,000
