entrepreneurship

Silicon Valley entrepreneur says go to Ann Arbor to start your company

Mark Brush — Fri, 08 Mar 2013 17:42:44 +0000

This photo has been making the rounds on Facebook.

The photo was pushed out on Ann Arbor SPARK's Facebook page - a group dedicated to building business expansion in the area.

Just two years ago, Blank published an article about the venture capital climate in Ann Arbor.

In a post he wrote in 2011, "What's Missing For Entrepreneurs In Ann Arbor, Mich.," he described the climate as the sound of 'one hand clapping.'

He felt there was plenty of talent, but money and a risk-taking culture were missing in the city (below he mentions VCs - 'venture capitalists').

Forget Silicon Valley: Can college students make Michigan a startup hub?

Michigan Radio Newsroom — Thu, 26 Apr 2012 19:37:09 +0000

What do you get when you put dozens of college students in the basement of a parking garage with some office furniture, a WiFi connection and free coffee?

"Start Garden" to use $15 million to grow ideas into businesses

Lindsey Smith — Thu, 26 Apr 2012 17:59:12 +0000

A Grand Rapids entrepreneur is launching a $15 million venture capital fund to turn people’s ideas into successful businesses.

The DeVos family is backing the fund, called Start Garden. Richard DeVos started Amway, now the world’s largest direct selling company.

Event helps entrepreneurs network

Kyle Norris — Sun, 29 Jan 2012 21:29:27 +0000

More and more people have been attending an annual event that helps entrepreneurs turn their ideas into realities.

It’s called The Annual Collaboration for Entrepreneurship and it happens Tuesday, January 31. It’s hosted by the economic development organization Ann Arbor Spark.

Skip Simms is Ann Arbor Spark’s senior vice president. He says the event helps people with small operations engage in some good old fashioned networking, which can help them grow their businesses. Simms says in a few years’ time, these small start-ups could grow into the next DOW, Kellogg, or GM, and hire thousands of employees in Michigan.

About 1,000 people went last year and the space outgrew its original location at Washtenaw Community College. It now takes place at Skyline High School in Ann Arbor. Tickets are $20 at the door.

U of M to invest in its own startup companies

Jennifer Guerra — Wed, 05 Oct 2011 16:21:18 +0000

If you’re on faculty at the University of Michigan and you have an idea for a startup company…you’re in luck. If you can get outside funding, U of M will match that funding up to $500,000.

U of M President Mary Sue Coleman says "if you can convince a venture fund to invest in you, you just automatically get an investment from us. So we’re not picking winners and losers, and that’s what I like about the program."

University of Michigan to offer entrepreneurship masters degree

Michigan Radio Newsroom — Mon, 25 Jul 2011 19:16:58 +0000

The University of Michigan will offer a year-long masters degree in entrepreneurship starting fall 2012. The joint program between the College of Engineering and Ross School of Business aims to combine the wealth of technological ideas with business expertise.

David Munson is the College of Engineering dean at the University of Michigan. He believes the partnership is the first of its kind.

"The uniqueness really stems from the quality on both sides and bringing that quality together to try to produce what we hope will be the best program of its kind in the country," Munson said.

Munson expects many engineering students to enroll in the entrepreneurship program after they graduate. Entrepreneurship will likely have a place in each department at the university in coming years.

- Amelia Carpenter - Michigan Radio Newsroom