start-ups http://michiganradio.org en Michigan's new crowdfunding for equity law will help start-up businesses http://michiganradio.org/post/michigans-new-crowdfunding-equity-law-will-help-start-businesses <p></p><p>There's no arguing the fact that startups are a key to a thriving economy. Between 1980 to 2005, for example, nearly all net job creation in the U.S. came from companies less than five years old.</p><p>But what does that start-up need before it gets up and running, creating jobs, selling products, paying taxes? It needs capital. And getting that initial dose of money can be a tough challenge for a small business.</p><p>That's why there's growing excitement over Michigan's new crowdfunding law. It's called the Michigan Invests Locally Exemption – "MILE."</p><p>Let's find out what this new law means for Michigan start-ups and for your opportunities to invest in small businesses.</p><p>Sandra Cochrane is a consultant with the Michigan Small Business Development Center, and she joined us today.</p><p><em>Listen to the full interview above.</em></p><p> Tue, 29 Apr 2014 20:36:26 +0000 Stateside Staff 17398 at http://michiganradio.org Michigan's new crowdfunding for equity law will help start-up businesses Stateside for Tuesday, April 29, 2014 http://michiganradio.org/post/stateside-tuesday-april-29-2014 <p></p><p>One of the most important aspects of the Affordable Care Act is consumer choice. More choice means more competition among insurers, and that can lead to lower costs for consumers.</p><p></p><p>But if you live in a rural area, you may not have a whole lot of choices when it comes choosing a health plans. On today's Stateside, we took a look at health care in Michigan's rural areas.</p><p>Then, Michigan’s new crowdfunding law opens the door to everyday people who want to invest in Michigan-based startups and small businesses. We heard about the benefits and risks that come with crowdfunding for equity.</p><p>And, we spoke with Garrison Keillor about the 40th<sup>&nbsp;</sup>anniversary of A Prairie Home Companion and his upcoming book.</p><p>First on the show,&nbsp;<span style="line-height: 1.5;">Detroit Emergency Manager Kevyn Orr is in Lansing today and tomorrow, getting face-time with the lawmakers whose vote is crucial to the so-called grand bargain, the complicated deal to protect city retirees and the collection at the Detroit Institute of Arts.</span></p><p>Orr heads to Lansing with a new piece of the puzzle in hand: a tentative five-year deal reached Monday with AFSCME, Detroit's largest employee union.</p><p>Detroit News reporter Chad Livengood joined us today to give us an idea of what progress has been made and what lies ahead for the city.</p><p> Tue, 29 Apr 2014 20:36:01 +0000 Stateside Staff 17402 at http://michiganradio.org Stateside for Tuesday, April 29, 2014 Michigan congressman from across the state, political aisle meet for “Startup America Day” http://michiganradio.org/post/michigan-congressman-across-state-political-aisle-meet-startup-america-day <p>Three Michigan congressmen met with entrepreneurs in Grand Rapids for “Startup America Day” Thursday. It’s a chance for entrepreneurs to tell lawmakers how they can better support startup companies.</p><p>Congressman Gary Peters (D-Detroit) co-chairs the House Caucus on Innovation and Entrepreneurship.</p><p>“We’ve got to make sure that we’re creating an environment that entrepreneurs with a good idea have an opportunity to take that idea, capitalize on it and run as long and as hard as they can with it,” Peters said.</p> Thu, 29 Aug 2013 22:00:21 +0000 Lindsey Smith 14198 at http://michiganradio.org Michigan congressman from across the state, political aisle meet for “Startup America Day” DeVos investment fund puts $2.3 million into more than 100 ideas http://michiganradio.org/post/devos-investment-fund-puts-23-million-more-100-ideas <p>A venture capital fund backed by the DeVos family has invested $2.3 million dollars in start-up companies in the past year. The money went to 106 different ideas or projects.</p><p>The fund is called Start Garden. It was <a href="http://www.michiganradio.org/post/start-garden-use-15-million-grow-ideas-businesses">created nearly a year ago</a> by Amway co-founder Richard DeVos’ grandson <a href="http://www.michiganradio.org/post/5000-good-ideas-grand-rapids">Rick DeVos, who’s also an entrepreneur </a>(and founder of <a href="http://www.michiganradio.org/term/artprize">ArtPrize</a>). He gave an update on the fund this morning.</p><p> Thu, 18 Apr 2013 15:44:53 +0000 Lindsey Smith 12199 at http://michiganradio.org DeVos investment fund puts $2.3 million into more than 100 ideas Silicon Valley entrepreneur says go to Ann Arbor to start your company http://michiganradio.org/post/silicon-valley-entrepreneur-says-go-ann-arbor-start-your-company <p>This photo has been making the rounds on Facebook.</p><p>The photo was pushed out on <a href="https://www.facebook.com/AnnArborUSA">Ann Arbor SPARK's Facebook page</a> - a group dedicated to building business expansion in the area.</p><p>Just two years ago, Blank published an article about the venture capital climate in Ann Arbor.</p><p>In a post he wrote in 2011, "<a href="http://www.businessinsider.com/one-hand-clapping--entrepreneurship-in-ann-arbor-michigan-2011-4">What's Missing For Entrepreneurs In Ann Arbor, Mich.,</a>" he described the climate as the sound of '<strong>one hand clapping</strong>.'</p><p>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'). Fri, 08 Mar 2013 17:42:44 +0000 Mark Brush 11601 at http://michiganradio.org Silicon Valley entrepreneur says go to Ann Arbor to start your company Stateside: From 'Mythbusters' to 'TechShop,' a place to innovate in Detroit http://michiganradio.org/post/stateside-mythbusters-techshop-place-innovate-detroit <p>If you want to get fit but don’t have equipment, you get a gym membership.</p><p>But what if you want to create something but don’t have a workshop or the tools to make it happen?</p><p>Well, there’s a place in Detroit called <a href="http://www.techshop.ws/ts_detroit.html">TechShop</a>, and it functions a lot like a gym for carpenters, welders, designers, engineers and the like.</p><p>TechShop is a new facility that recently opened up in Allen Park near Detroit.</p><p>Members pay about $100&nbsp; a month to access hundreds of thousands of dollars in tools and equipment. They can also take any of the 100 or so classes offered every month to teach members how to use the tools. Mon, 10 Dec 2012 20:52:06 +0000 Emily Fox 10285 at http://michiganradio.org Stateside: From 'Mythbusters' to 'TechShop,' a place to innovate in Detroit Ann Arbor startup helps students build professional network http://michiganradio.org/post/ann-arbor-startup-helps-students-build-professional-network <p>Founders of a new startup company are trying to help teens create a professional online presence.</p><p>The website Meritful.com launched this week. It's sort of a LinkedIn for students.</p><p>Social media sites like Facebook and Twitter are among the top sites where teens connect with friends and talk about their lives. But a lot of teenagers also posting embarrassing stories or pictures that can have some unplanned consequences as they apply for colleges, internships, and jobs.</p><p>Azarias Reda is one of the founders of Meritful. "In this day in age a digital presence is a very important currency, something that you have to protect and build. And high school really is the time to start," he said.</p><p>Listen to full interview above to learn more about the Ann Arbor startup.</p><p> Fri, 21 Sep 2012 20:46:40 +0000 Jennifer White & Mercedes Mejia 9189 at http://michiganradio.org Ann Arbor startup helps students build professional network Your Story: Why a serial entrepreneur keeps trying http://michiganradio.org/post/your-story-why-serial-entrepreneur-keeps-trying <p>Brendan Doms has launched more than a dozen ventures. Most of these are tech websites designed to do something new and useful. By his own admission, none of the start-ups have been particularly successful. Nevertheless, he&rsquo;s getting ready to launch the next one &ldquo;within the next month.&rdquo;</p><p>Doms is a <a data-mce-="" href="http://icc.oxfordjournals.org/content/16/5/793.short">serial entrepreneur</a>. These are people who start businesses again and again, apparently impervious to outside pressures like a bad economy, tight lending environment, or failure.</p> Fri, 26 Aug 2011 13:00:00 +0000 Sarah Alvarez 3920 at http://michiganradio.org Your Story: Why a serial entrepreneur keeps trying Michigan celebrates global entrepreneurship week http://michiganradio.org/post/michigan-celebrates-global-entrepreneurship-week <p><span class="article-content"><span>In west Michigan several organizations are collaborating on more than a dozen events to foster the entrepreneurial spirit. Tue, 16 Nov 2010 22:26:16 +0000 Lindsey Smith 335 at http://michiganradio.org Michigan celebrates global entrepreneurship week