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Second Stage News

3 firms in Wayne State’s TechTown get funding from state programs

02/02/12 Three tenants at TechTown, the Wayne State University-affiliated incubator, have received funding from state programs administered by Ann Arbor Spark.
ENTREPRENEURSHIP

BioPhotonic Solutions wins $5,000 Collaboration for Entrepreneurship prize for laser focus

02/01/12 BioPhotonic Solutions Inc. was the big winner Tuesday at the 12th Annual Collaboration for Entrepreneurship in Ann Arbor.
FINANCE

State plans Pure Michigan Venture Match fund to help create early-stage tech companies

01/31/12 The state plans to launch a new fund, the Pure Michigan Venture Match, to invest in early-stage technology companies. The Michigan Economic Development Corp. and Michigan Strategic Fund will hold a public hearing on the proposed fund Feb. 8.

Dan Gilbert's investment plan for downtown Detroit begins to take shape

01/30/12  Quicken Loans Inc. founder Dan Gilbert announced today the acquisition of yet another building in the city of Detroit.

SBA program uses purchase orders as collateral

01/29/12 Perhaps no problem is more common among second-stage businesses -- nor more bedeviling -- than finding capital to fund growth.

Who are the top CFOs?

01/29/12 CFOs are often the unsung heroes of organizations' senior management teams. These leaders grapple with budget pressure and increased red tape and contribute to strategic planning in major ways.

Priceline.com founder will help start Startup Michigan to help entrepreneurs

01/27/12 Scott Case, founder of the travel website Priceline.com, will formally launch Startup Michigan on Tuesday at the Annual Collaboration for Entrepreneurship event in Ann Arbor.
SMALL BUSINESS

SBA program allows businesses to use new orders as loan collateral

01/26/12 Perhaps no problem is more common among second-stage businesses — nor more bedeviling — than finding capital to fund growth.

6,000 expected at Cobo Center for June small-business conference for veterans

01/25/12 Mayor Dave Bing and the chief of staff at the U.S. Department of Veterans Affairs announced today that Detroit will host the 2012 National Veteran Small Business Conference and Hiring Fair.
ECONOMY

Business Leaders' new vision for Michigan: Up to 500,000 jobs, $18,000 more income for each person by 2020

01/24/12 Six Michigan assets can help propel the state toward a new prosperity, Business Leaders for Michigan said this morning. In raw numbers, that prosperity could add up to 500,000 jobs and increase the annual income of Michigan residents by as much as $18,000 a person by 2020.

A creative use of space

01/22/12 Two investors plan to renovate and lease 100,000 square feet of space in Corktown to creative entrepreneurs by the end of this year.

Conference message: Rebranding is a key part of making a ‘new Detroit'

01/20/12 Tangible further improvements in downtown Detroit and successfully rebranding "the new Detroit" are key parts of moving the city forward, speakers said this week at a conference organized by MBA students.
SECOND STAGE EXTRA

Ties that bind

01/15/12 When Link Howard III founded Powerlink LLC, he looked for employees and managers he trusted, and people he'd worked with before.
SECOND STAGE EXTRA

STAGE TWO STRATEGIES: Diversified Industrial Staffing Inc.

01/15/12 Diversified Industrial Staffing Inc.
SECOND STAGE EXTRA

Turning women into entrepreneurs

01/15/12 An upcoming conference will bring together businesswomen, from novices to those who run proven companies, for expert advice and to make connections. "Entrepreneur-yoU" is organized by Walsh College, the Michigan Women's Foundation, Inforum and Huntington Bank. Pam Turkin, founder of Just Baked LLC, will deliver the keynote speech.
SECOND STAGE EXTRA

Used federal funds to innovate? SBA wants to honor successes

01/15/12 The U.S. Small Business Administration is accepting nominations to honor small businesses that successfully used federal funds in their research and development.
SECOND STAGE EXTRA

Nominate entrepreneurs

01/15/12 The deadline to nominate someone for Crain's Salute to Entrepreneurs awards program has been moved up this year to Feb. 24.

Women's Foundation CEO's message: Take the risk

01/12/12 An upcoming conference will bring together businesswomen, from novices to those who run proven companies.

Join me in welcoming McClure's Pickles to the D

01/12/12 Troy-based McClure's Pickles is officially moving to Detroit.

After funding delay, Detroit set to get first Patent and Trademark Office satellite branch

01/11/12 After a year of false starts, the first-ever satellite branch of the U.S. Patent and Trademark Office will open in Detroit in July.

Weekend helps startups establish a ‘biz beachhead'

01/08/12 Holding a weekend gathering of entrepreneurs to hatch several businesses in less than three days may sound like a gimmick, but John Rumery says Startup Weekend West Michigan is the real deal.

Homeslice fashion designer lands local runway, hopes for global

01/08/12 Last year, local fashion designer Cristin Richard stole the Detroit Artists Market Design Show with her dresses made out of toilet paper. This year, Emily Thornhill plans to show off original works with a 1950s flair.

Entrepreneurs, investors to gather for conference

01/01/12 More than 900 attendees are expected for the 12th annual Collaboration for Entrepreneurs event in Ann Arbor on Jan. 31.

New apps help biz owners navigate U.S. Small Business Administration offerings

12/22/11 A Michigan app developer was one of seven award winners in the U.S. Small Business Administration's Apps for Entrepreneur's Challenge, the SBA announced this week.
MANUFACTURING

Grate isn't good enough: The name is everywhere, so why is East Jordan Iron Works changing it?

12/21/11 Nestled just northeast of where the Jordan River empties into the south arm of Lake Charlevoix, East Jordan Iron Works has been an integral part of its namesake northern Michigan city since 1883. It sponsors local baseball teams; its fifth-generation owners donate ambulances and build fire stations.
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