Research labs have been shut down. Small businesses are searching for funding. But it’s not all bad news in the emerging tech hubs of the Midwest. Especially in hard-hit Michigan, the structure is in place to allow some startups to do quite well during challenging times. We went in to a few interviews of Midwest tech companies and startup coaches thinking they would help us pay forward resources to startup founders to get through these hard times. In addition to resources, they had some good news.
What’s The Best Way To Finance Your Startup? Ann Arbor VCs, Lenders, & Entrepreneurs Weigh In
It was a packed house at Zingerman’s Roadhouse this week for a panel on the best options for financing your company. It’s always worth it to get up for a 7 am breakfast here, because you are guaranteed to meet amazing new friends in the Ann Arbor business world, and because if you stay the full 2 hours your clothes will smell like the Zingerman’s barbecue smoker all day. The panel at this Leaders Connect breakfast hosted by executive coach, psychologist, and University of Michigan professor Dr. Rob Pasick included President of the Technology Industry Group at Bank of Ann Arbor Michael Cole, Managing Partner and Co-Owner of BBC Entrepreneurial Training & Consulting Kris Bergman, VC Evan Ufer of Plymouth Growth Partners, serial entrepreneur Mike Klein who is currently CEO of genomics startup Genomenon, and Skip Simms who is Senior VP of Ann Arbor SPARK and managing partner of the Michigan Angel Fund.