Navigation Links
The West Michigan Science & Technology Initiative is Named Statewide Reviewer for Life Science Funding Requests Through New Program
Date:5/20/2009

GRAND RAPIDS, Mich., May 20 /PRNewswire/ -- The West Michigan Science & Technology Initiative today announced that it has been selected to review and approve applications from life science companies for micro-loans through the Michigan Pre-Seed Capital Fund. The Michigan Pre-Seed Capital Fund Micro Loan program was developed to support high-tech, high-growth start-up companies in four technology sectors (advanced automotive, manufacturing and materials; alternative energy; homeland security and defense; and life sciences) throughout Michigan as they near commercial viability.

The Michigan SmartZones(SM) consortium and the Michigan Economic Development Corporation's Strategic Economic Investment and Commercialization (MEDC/SEIC) board established the fund to accelerate company development by providing access to early-stage capital during the critical stage when entrepreneurs are developing their businesses to the point of readiness for outside investment and sales.

The Initiative will review life science submissions selected by each of Michigan's 15 SmartZones. The organization will then make a recommendation whether or not to award funding. The funding review criteria will assess if the applicant has the potential to become a viable, robust, Michigan-based business, and could ultimately repay the micro loan.

"This is a great opportunity for entrepreneurs and companies across the state, and will help to grow the role life sciences plays in Michigan's overall economic health," said Linda Chamberlain, executive director of the Initiative. "Being selected to review proposals for life sciences companies at such a critical phase in their development is a privilege."

The Michigan Pre-Seed Capital Fund, a collaborative effort of Michigan's 15 SmartZones, is an equity fund that invests in high-tech, high-growth start-up companies throughout Michigan to support business formation and accelerati
'/>"/>

SOURCE West Michigan Science & Technology Initiative
Copyright©2009 PR Newswire.
All rights reserved

0

GOOD

Page: 1 2 3

Related biology technology :

1. DNA Software, Inc. Honored as One of the 2009 "Michigan 50 Companies to Watch"
2. MichBio Will Publish 2009 Michigan Biosciences Directory and Resource Guide
3. EcoSphere(R) Biolatex(TM) Secures Funding from Granholm and Invest Michigan!
4. Michigan Company Founded upon What Could Be History's Most Important Breakthrough in AI and Robotics
5. Automation Alley Releases Report on State of Southeast Michigans Technology Economy
6. West Michigans Newest Medical Device Company Receives Support from the West Michigan Science & Technology Initiative and EDF Ventures
7. MichBio Expo Will Feature Sessions for Michigan Manufacturers Interested in Entering Medical Device Market
8. The Michigan Life Sciences Pipeline Announces The Funding Place(TM) and Other Resources to Connect Investors and Startups
9. New Report on 633 Biotechnology Medicines Under Development Released in Michigan
10. The Michigan Life Sciences Pipeline Announces New Best Practices Seminars Tailored to Michigan Businesses
11. Michigan Innovation Equipment Depot Launches Next Phase of Distribution

Post Your Comments:
*Name:
*Comment:
*Email:
(Date:11/30/2009)..., , ROCKVILLE, Md., Nov. 30 /PRNewswire-Fir...d today it has completed enrollment in the Phase I...za (2008/2009 recommended strains) VLP vaccine can...(older adults). This randomized, double-blind, ac...erability and immunogenicity of two different dose...
(Date:11/30/2009)..., , SHANGHAI, Nov. 30 /PRNewswire-A...harmaceutical, biotechnology, and medical-device r...perations in China and the United States,announce...logy Fast 50 China,2009 list for the fifth consecu...ing companies in China,s technology, media, and te...
(Date:11/27/2009)..., , DURHAM, N.C., Nov. 27 /PRNewswire/..., will initiate water-soluble carbon nanotube-base... The water-soluble carbon nanotubes, which have fu...gation with cancer drugs, was developed in partner...e conjugated carbon nanotubes serves as a drug del...
(Date:11/25/2009)..., , BOSTON, Nov. 25 Bi...H1N1 virus, genomic data from the 1918 pandemic th...e current H1N1 pandemic, today issued its latest b...ws that the lethality of the H1N1 ("Swine Flu") vi...ring the virus,s current outbreak in the spring of...
Breaking Biology Technology:NOVAVAX Completes Enrollment in Phase IIa Study of Seasonal Influenza Vaccine in Older Adults 2NOVAVAX Completes Enrollment in Phase IIa Study of Seasonal Influenza Vaccine in Older Adults 3NOVAVAX Completes Enrollment in Phase IIa Study of Seasonal Influenza Vaccine in Older Adults 4WuXi PharmaTech Named in Deloitte Technology Fast 50 China 2009 List for the Fifth Consecutive Year 2North Carolina Based Cromoz Inc. Launches Carbon Nanotechnology for Target Drug Delivery System in Cancer Treatment in Hyderabad, India 2Biological H1N1 Vaccines: Too Little, Too Late 2Biological H1N1 Vaccines: Too Little, Too Late 3Biological H1N1 Vaccines: Too Little, Too Late 4Biological H1N1 Vaccines: Too Little, Too Late 5
...g private equity investment fund ("JLL") and Pharm...ed today that JLL PharmaNet Holdings, LLC ("Parent...isition Corp. ("Purchaser"), each of which is an a...all outstanding shares of PharmaNet (Nasdaq: PDG...r in cash. JLL and PharmaNet had previously annou...
.... announced a vibrant new addition today to their ...Harbor, Maine, was unanimously elected by the Boar... Airhart is a successful biotechnology professiona...industry. She possesses a multitude of career acco...g successful business plans, lab management for a ...
...gies, Inc. (NYSE Alternext US: PTN) will announce ...ults on Tuesday, February 17, 2009 before the open...also conduct a conference call and live audio webc...ruary 17, 2009, which will include discussion of t...update on corporate developments. , , Schedule f...
Other Biology Technology:An Affiliate of JLL Partners, Inc. Commences Cash Tender Offer to Acquire PharmaNet Development Group, Inc. at $5.00 per Share 2An Affiliate of JLL Partners, Inc. Commences Cash Tender Offer to Acquire PharmaNet Development Group, Inc. at $5.00 per Share 3An Affiliate of JLL Partners, Inc. Commences Cash Tender Offer to Acquire PharmaNet Development Group, Inc. at $5.00 per Share 4An Affiliate of JLL Partners, Inc. Commences Cash Tender Offer to Acquire PharmaNet Development Group, Inc. at $5.00 per Share 5An Affiliate of JLL Partners, Inc. Commences Cash Tender Offer to Acquire PharmaNet Development Group, Inc. at $5.00 per Share 6An Affiliate of JLL Partners, Inc. Commences Cash Tender Offer to Acquire PharmaNet Development Group, Inc. at $5.00 per Share 7SenesTech, Inc. Appoints Susan Airhart to Board of Directors 2Palatin Technologies to Report Fiscal Year 2009 Second Quarter Results; Conference Call and Webcast on February 17, 2009 2
(Date:11/30/2009)... , Two so-called invasion proteins are crucial fo... surface of human cells, which stimulates the host...eptor molecules exert a different function, for ex...ing. The group,s results have now been published i...Biology ". , Spoiled meat is one of the sources ...
(Date:11/30/2009)... , A new research report published in the Decembe...e day give men similar type of control over their ...t,s because scientists have found how and where an...rmal sperm production and male fertility. This ope...pill" for men. The discovery also offers hope to t...
(Date:11/26/2009)... , Ecologists have at last worked out a way of us...he size of bird populations. This is the first tim...en translated into accurate estimates of bird spec...ted in the British Ecological Society,s Journal o..., it could lead to a major advance in our ability ...
Breaking Biology News(10 mins):It takes 2 to infect 2Ecologists sound out new solution for monitoring cryptic species 2Exclusive Marketplace for Nursing Professionals Launched by Nurses Service Organization 47502 1Exclusive Marketplace for Nursing Professionals Launched by Nurses Service Organization 47502 2Exclusive Marketplace for Nursing Professionals Launched by Nurses Service Organization 47502 3Findings in Epilepsy Gene in Animals May Guide Treatment Directions for Infants 47500 1Findings in Epilepsy Gene in Animals May Guide Treatment Directions for Infants 47500 2Findings in Epilepsy Gene in Animals May Guide Treatment Directions for Infants 47500 3Findings in Epilepsy Gene in Animals May Guide Treatment Directions for Infants 47500 4Say Cheese With Milk 47498 1Say Cheese With Milk 47498 2Say Cheese With Milk 47498 3Say Cheese With Milk 47498 4
...cted in Bangladesh finds that folic acid supplemen...individuals chronically exposed to arsenic-contami...that is naturally present in some soils and water.... a significant public health problem in at least 7...s and also parts of the United States. Chronic ar...
...n Pope of Geo Eco Arc Research and John Terrell of...of anatomically modern humans out of Africa and in...). The comprehensive review of human genetic, en...um-Pacific region supports the hypothesis, origina... humans migrated into eastern Asia via a southern ...
...ct. 10, 2007) -- A few came. They ran. They left. ...Corp begins training in 2008 in new running suits ...iversity of Oregon,s environmental chamber. , The... of Oregon and Beaverton-based InSport Inc. proud.... training clothes that they had recommended until ...
Other Biology News:Folic acid lowers blood arsenic levels in Bangladesh 2Folic acid lowers blood arsenic levels in Bangladesh 3Environmental setting of human migrations in the circum-Pacific Region 2Marines land at UO, leave with plans to wear Oregon-made training suits 2Marines land at UO, leave with plans to wear Oregon-made training suits 3
BD FACSAria Cell Sorting System from BD Biosciences - Immunocytometry Systems
...sitively and negatively supercoiled DNA in presenc... of supercoiling on transcription in vitro , Stud...ing the degree of supercoiling of naturally occurr...n length by only one base-pair , Increasing restr...
GSD-501 System Calibration Kit from Invitrogen
MaxArray Rat Brain Tissue Slides from Invitrogen
Biology Products: