September 2012

Small-Business Incubator to Assist Women Entrepreneurs- The Columbus Dispatch Click Here

Informal Buisness Incubators Spring Up in Detroit- Ventura County Star Click Here

 

Lansing To Be Site Of "The Runway," Business Incubator Focused On Fasion and Retail- M Live Click Here

The Path to Sustainability

Tuesday, Sept. 18, 2 p.m. EDT. In this Webinar, you will discover best practices, examples and strategies for success for achieving financial sustainability for your incubator. Learn how to increase your number of revenue streams, develop innovative (and fundable) programs, grow your client numbers to increase revenue, and incorporate long-term strategies such as equity and royalties. Click Here to register.

 

The Ins and Outs of Running a Successful Incubator Loan Program

 

Wednesday, Sept. 26, 2 p.m. EDT. In this Webinar, participants will learn about the practical aspects of lending to early-stage companies. Topics will include securing loan funds, staffing, operating budgets, evaluating and structuring deals, pre- and post-loan assistance, and dealing with problem loans and program risks. Click Here to register.

Sandra Cochrane

     I recently attended a town hall meeting featuring Scott Case of JumpStart America entitled “The Impact of the JOBS Act on Michigan Startups.”  Several Michigan experts, including attorneys, venture capitalists, and government officials, spent the day discussing what, exactly, the JOBS Act was going to mean to Michigan entrepreneurs.  In the end, the answer was “We don’t know,” because the Securities and Exchange Commission will not come out with the rules to regulate the changes mandated by the JOBS Act until early 2013.  However, I came to some conclusions of my own regarding the usefulness, and possible problems, with the crowdfunding portion of the JOBS Act (specifically, Title III). 
     First, you need to understand how crowdfunding currently works.  The term “crowdfunding” describes the group activity of individuals who pool their resources, usually via the Internet, to support the efforts of others.  Crowd funding is used to support of a large range of activities, such as music or movie production, fan support of artists, political campaigns, startup company funding, software development, and even scientific research.  At this time, people around the world are able to contribute to an entity as either an outright donation or may contribute in return for a tangible benefit of some sort...

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Do you have knowledge or experiences you want to share with the global business incubation community? Now is your chance. The NBIA is extending the deadline to submit proposals for the 27th International Conference on Business Incubation to Friday, Sept. 21. The conference will be held April 7-10, 2013, in Boston.

The NBIA is looking for dynamic speakers who can present on issues related to business incubation and entrepreneur support. See our tips for proposals to learn ways to increase your odds of acceptance.
Full-day workshops will be presented as part of the Preconference Institute, while the conference will include 75-minute sessions, roundtable discussions and panels.

Questions? E-mail education@nbia.org or call (740) 593-4331.

As always, if you have any upcoming events that you would like to advertise in the monthly MBIA buletin, please send an e-mail to michigan.incubation@gmail.com.