Browsing Tag

seed funding

7 posts
2021 Midwest Venture Showcase
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2021 Midwest Venture Showcase to Feature 57 Companies Actively Seeking Funding

The 2021 Midwest Venture Showcase, a partnership between the Midwest Growth Capital Symposium (MGCS) and InvestMidwest, will showcase 57 companies actively seeking funding to an audience of top-tier investors, entrepreneurs, researchers and business executives at the virtual event on April 27 to 28, 2021. The Midwest companies in the Showcase span the life sciences, medical...
wjr business beat
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WJR Business Beat with Jeff Sloan: Ellis Island Tea (Episode 87)

On this morning's WJR Business Beat, Jeff shares an entrepreneurial success story taking place right here in Detroit: that of Ellis Island Tea, led by owner and founder, Nailah Ellis-Brown. Earlier this week, Nailah received a major investment from comedian and actor, Kevin Hart, who's partnered with her company and committed to providing funding as...
wjr business beat
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WJR Business Beat with Jeff Sloan: MEDC Pre-Seed Fund III (Episode 42)

The Michigan Economic Development Corporation (MEDC) just announced that it has awarded $3 million from the Michigan Strategic Fund to the Michigan State University Foundation to be used in a pre-seed fund targeting high tech startups at the earliest levels. The pre-seed fund will be for both startups emerging from the MSU ecosystem, as well as for...
accelerator
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What’s the Difference Between a Startup Incubator and an Accelerator?

It’s not uncommon for aspiring entrepreneurs to think a startup incubator and accelerator are the same concept. Which does what, exactly? Do entrepreneurs need both in order to succeed? Incubators and accelerators are designed to help guide entrepreneurs and their businesses to success. However, not every startup may be the right fit for both an...
scaling
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Lessons Learned From Scaling an Early Stage Startup Internationally

Many companies that have their eyes on unicorn status first have humble beginnings. When launching your product or scaling your business, building the team is just as important as bringing your service or brand to market. I’ve seen firsthand what it’s like to grow a team from a handful of passionate visionaries to over 30...
seed capital
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7 Lessons This Entrepreneur Learned From Raising Seed Capital

I’ve learned a lot from raising £650K (equivalent to approximately $853,000) in seed capital from investors. As a fellow entrepreneur, I’ll share those lessons here, so you don’t waste any precious pitching opportunities. Take the investor’s point of view As an entrepreneur, you’re completely absorbed into your startup. This is your baby, your life. You...