Event Notices From April 3
BioArbor Tackles The State of Investing in Healthcare: The next BioArbor meeting Wednesday, April 10 will take a look at “The State of Investing in Healthcare: Opportunities from a VC Perspective.” Healthcare venture capital has been under significant pressure over the last five years because investment returns to investors (limited partners) have not met expectations. As a result, healthcare VC firms have struggled to raise new funds and must show improved returns and a differentiated strategy to be successful moving forward. At the same time, the landscape of opportunities for investing in healthcare has changed dramatically. Drug and device companies, the main focus for healthcare VC investing before 2008, are facing increasing headwinds on regulatory and reimbursement fronts making it more difficult for them to be successful raising venture capital. Healthcare reform and the increasing focus on rising healthcare costs in the U.S. has brought significant attention to healthcare IT and services investing and has also changed the lens through which device and drug investing is viewed. Please join us April 10 at the next BioArbor event to hear from two seasoned venture capital investors, both with capital to invest and novel investment strategies. Both are based outside of Michigan, yet have made local investments and are actively seeking opportunities to invest in Michigan. The event will offer a great platform to hear about the broader dynamics in healthcare venture capital: what has changed, where are the opportunities, and how should we move forward. The meeting begins with networking at 5 p.m. and the program begins at 6 p.m. The venue is Ann Arbor Spark Central, 330 E. Liberty St., Ann Arbor.
DRC-USGBC Presents Second Annual Recognition Banquet April 25: Tickets are available now for the second annual Recognition Banquet honoring significant contributions to green building and sustainability in South East Michigan by the Detroit Regional Chapter of the US Green Building Council. The event, a dinner, LEED Building Showcase and presentation at the Farmington City Hall, 23600 Liberty St., Farmington, will be Thursday, April 25 beginning at 6:30 p.m. Tickets are $45 and are on sale now through the chapter web site at www.usgbcdetroit.org. The evening will include a presentation from Detroit City Council Member Ken Cockrel, Jr. and the keynote address will be provided by Ryan Snow, of the Community Advancement Team at the U.S. Green Building Council, titled: “Every Story About a Green Building is a Story About People.” Snow previously worked with USGBC’s education programs and the Green Building Alliance of Pittsburgh and has worked on diverse green building projects, from Permacultural homesteads to the David L. Lawrence Convention Center. He holds an M.S. in Sustainable Systems from Slippery Rock University of Pennsylvania and a B.S. in Science and Technology Studies from Michigan State University’s Lyman Briggs School. Also new for 2013, there will be a showcase area at the banquet dedicated to highlighting LEED certified projects in the Metropolitan Detroit area. Please visit the chapter Web site, www.usgbcdetroit.org, for registration forms and additional information. Event underwriting sponsorships are also available.