Contests become launchpads for Detroit startups
In the last few years, entrepreneurs are increasingly making pitch and business plan competitions part of their game plans. And more than ever, nationally televised contests are filming in Detroit. Excerpt: "A number of competitions mirroring the style of hit TV show "Shark Tank" have sprung up in Detroit, where a downtown start-up tech scene has taken root… Mark Kiel's company, which developed software to interpret data about gene mutations in DNA sequencing, was founded two months ago, but he has already raised $47,000 in capital.Kiel, 37, won his money from MiQuest, the Michigan Collegiate Innovation Prize and Greenlight Best Overall Pitch. Ann Arbor-based Genomenon has won three business-pitch competitions — allowing Kiel to bypass the traditional route of hitting up family and friends or wooing an angel from a venture capital firm." More here.
In the last few years, entrepreneurs are increasingly making pitch and business plan competitions part of their game plans. And more than ever, nationally televised contests are filming in Detroit.
Excerpt:
“A number of competitions mirroring the style of hit TV show “Shark Tank” have sprung up in Detroit, where a downtown start-up tech scene has taken root…
Mark Kiel’s company, which developed software to interpret data about gene mutations in DNA sequencing, was founded two months ago, but he has already raised $47,000 in capital.Kiel, 37, won his money from MiQuest, the Michigan Collegiate Innovation Prize and Greenlight Best Overall Pitch.
Ann Arbor-based Genomenon has won three business-pitch competitions — allowing Kiel to bypass the traditional route of hitting up family and friends or wooing an angel from a venture capital firm.”
More here.
Related Articles
Partner Partner Content How Downtown Farmington is Balancing 40 Years of Legacy with a New Era of Social Entrepreneurship
In downtown Farmington, the shift from late spring to summer heat brings more than just patio dining and farmers’ markets; it’s ushering in a change in how businesses and the community work hand in hand.
Metro Detroit Death Doulas Want You to Talk about Death
Death Doulas in Metro Detroit are working to change how people approach the end of life — with less fear and more understanding. It can be a tough sell in a culture that largely avoids talking about death, but with the right support and guidance, these non-medical advocates promise life’s final chapter can be rich and rewarding.
How Talent Together is helping solve the teacher shortage
In response to statewide teacher shortages, Michigan has invested in alternative routes to teacher certification. One program, Talent Together, helps Metro Detroiters realize their dreams of becoming teachers by providing a free education and a paid student-teaching experience.
