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

on. Nearly $1 million is available through the new Micro Loan program with loans available from $10,000 to $50,000.

To qualify for the Michigan Pre-Seed Capital Fund Micro Loan program the company must be in one of four identified technology sectors, have sponsorship from its local SmartZone and meet the definition of a small business according to the Small Business Association. The loan can be used to further flesh out a competitive analysis, prepare financial pro formas, develop plans to cross regulatory hurdles, finish a prototype, complete a market study, travel to customers or partners, or other issues that are typically required by investors before they will invest.

"Emerging businesses still in the 'investigation stage' often require small infusions of capital. A small amount of funding can provide a company with the resources needed to complete the critical milestones required to make it more attractive to equity investors or achieve first sales," said Chamberlain. "With the addition of the Micro Loan program, the Pre-Seed Capital Fund is now able to extend its reach to those companies that are past the personal and 'friends & family' funding, but not quite ready for true pre-seed or venture capital funding."

To date, the Michigan Pre-Seed Capital Fund has invested in 34 companies expected to create at least 600 new jobs over the next three years.

About the Michigan Pre-Seed Capital Fund

The Michigan Pre-seed Capital Fund was established by a consortium of Michigan SmartZones and the 21st Century Job Fund to accelerate company development by providing access to early-stage capital. These funds are designed to extend the personal investment of entrepreneurs during the critical stage when they are developing their businesses to the point of readiness for outside investment. The focus is on companies that are creating the newest technologies in the f
'/>"/>

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

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:1/22/2015)... GEA Niro Soavi the leader in ... the PandaPLUS 2000, which is ideal for new applications ... cell disruption . This compact laboratory homogenizer is the ... food, food additives and ingredients as well as for ...
(Date:1/22/2015)... Cambridge Semantics, the leading provider of smart data ... was a record-breaking year across the board for the company. ... Data Platform and our Smart Data solutions, our customers were ... which led to record growth for the company in 2014,” ...
(Date:1/22/2015)... Protocol Networks brings independent technology consulting to the ... consultants, Protocol Networks has recently announced its expansion into ... his company has attracted several clients in The Constitution ... as others. With the success of these engagements, Rogers ...
(Date:1/22/2015)... 22, 2015 Pipette.com has added the ... their comprehensive portfolio of Eppendorf products. , The Eppendorf ... a Centrifuge 5424/5424 R and receive the following:, ... Research plus or Eppendorf Reference 2 , ...
Breaking Biology Technology:GEA Niro Soavi Announces the PandaPLUS 2000 Homogenizer for Processing New Applications for Nanoemulsions and Cell Disruption 2Cambridge Semantics Announces Record Results for 2014 2Protocol Networks Brings Independent Technology Consulting to the Constitution State 2Eppendorf Announces Promotional Bundle Which Includes: Eppendorf Centrifuge 5424, 3-Pack of Pipettes, and Tips - Available Now at Pipette.com 2
... Feb. 5 Memory Pharmaceuticals,Corp. (Nasdaq: MEMY ... Chief,Executive Officer, will provide a company update at ... Tuesday, February 12, 2008 at 10:15 a.m. ET ... Interested parties may access the live webcast of ...
... 5 ViroPharma Incorporated,(Nasdaq: VPHM ) today ... operating officer of ViroPharma, will present at the ... on Monday, February 11, 2008. The,conference is being ... ViroPharma,s presentation will be webcast live for investors ...
... Feb. 5 Physicians Reference,Laboratory ("PRL") announced today that ... to date. Under the marketed,name COMPLeTe Care HPV, the ... high risk types of HPV which can lead to,cervical ... common form of female,cancer with an incidence of over ...
Cached Biology Technology:Physicians Reference Laboratory Announces New Diagnostic for Women's Health 2
(Date:12/17/2014)... 2014 Research and Markets ( http://www.researchandmarkets.com/research/9zq33j/global_chemical ) ... Sensor Market 2015-2019" report to their offering. ... major trend upcoming in this market is the increasing ... help in recording of patient data for quick and ...
(Date:12/11/2014)... and Markets , http://photos.prnewswire.com/prnh/20130307/600769 ... the addition of the "Biometrics Market in the ... One major trend emerging in this market is ... is important to upgrade biometric solutions to the latest ...
(Date:12/11/2014)... Minn. , Dec. 10, 2014  Data Sciences ... monitoring, has released a new series of digital ... preclinical toxicology researchers. M series, part of the ... collect the best possible physiologic data when incorporating ...
Breaking Biology News(10 mins):Global Chemical Sensor Market 2015-2019: Key Vendors are Abbott Laboratories, Bayer, Hoffmann La-Roche, Johnson & Johnson, NGK Spark Plugs and Robert Bosch 2Biometrics Market in the APAC Region 2015-2019: Key Vendors are 3M Cogent, NEC, Safran and Suprema 2New telemetry implants expected to change how large animal toxicology studies are conducted 2
... Associate Professor Paul Blowers of the University of Arizona ... Arizona Professor of the Year, recognized for commitment to ... of Teaching and the Council for Advancement and Support ... the award on Nov. 17 in Washington, D.C. ...
... beauty of science often is contained in elegant formulas ... fortunately, that beauty also is manifest in enticing images ... also provide important scientific insights into the complex flow ... Every year, the American Physical Society,s (APS) Division ...
... recent report in Cancer Discovery , a journal ... a new treatment may be on the horizon for ... disease. Mark Rubin, M.D., professor of pathology and ... fewer than 2 percent of men with prostate cancer ...
Cached Biology News:Arizona Engineering associate professor earns national recognition 2
Mouse monoclonal [LPL4A.1] to Plastin L ( Abpromise for all tested applications). SwissProtID: P13796...
Anti-Cullin-1 Host: rabbit polyclonal Species Reactivity: human, mouse Applications: IHC(P), WB, IP Storage: 4C...
mCD-1 10 transcription reactions...
Request Info...
Biology Products: