Anyone familiar with Michigan Technological University knows that it is a hotbed of superior ideas. A new initiative by the same name — Superior Ideas — was unveiled Thursday at the university’s Board of Control meeting.
A new crowdfunding platform that lets investors back individual people rather than specific ideas or projects will be piloted at the University of Michigan and four other universities this fall, company officials announced Wednesday.
A group of venture capitalists, entrepreneurs and investment bankers has launched RelayFund Inc., the first equity-based ‘crowdfunding’ Web site started in Michigan and one of the first in the nation that will link small investors with startup operators under the provisions of the new federal JOBS (Jumpstart Our Business Startups) Act.
Ken Kousky is president of Blue Water Angels, a network of private investors in Michigan’s Great Lakes Bay region. But he figures the passage of the recent federal JOBS act just might put angel networks out of business. And he thinks that’s great.
The latest event and meeting notices from Michigan’s technology-focused companies and institutions, before they are posted on the GLITR IT Calendar.