By guest authors Irina Patterson and Candice Arnold Irina: Can you name some success stories? Skip: Compendia Bioscience is one company that literally took full advantage every program that SPARK offers. It’s a cancer diagnostic. It’s a software product that helps drug manufacturers and developers identify the best course of action in trying to cure
By guest author Irina Patterson and Mridula Velagapudi I am talking to Tom O’Neal, executive director of the University of Central Florida’s Business Incubation Program which is a University-driven community partnership that provides training, infrastructure, and professional services for entrepreneurs in central Florida.
By guest authors Irina Patterson and Candice Arnold Irina: What are the main reasons that out of the 30 entrepreneurs who apply for your services every month, 25 get rejected? Skip: The main reasons are one, they’re not in the city of Ann Arbor. Our primary stakeholder, which provides a lot of the services, has
By guest authors Irina Patterson and Candice Arnold Tim: If you’ve got an active angel investor who has the capacity and is ready to commit dollars, if [the answer’s] yes, that’s easy. You understand that.
By guest authors Irina Patterson and Candice Arnold Skip: [The entrepreneurs that come to us], everyone’s a little different in their company growth. So, all of our programs are customized. We differ from many incubators in that regard. I think the kind of consulting services that we provide are custom, too; they are specific to
By guest authors Irina Patterson and Candice Arnold Irina: Describe the ideal company that would benefit from your incubation? Skip: It could be a company that’s providing a new diagnostic software that can be used in an alternative energy industry or conserved life sciences industry. It may be a company that’s working on software that
By guest authors Irina Patterson and Candice Arnold Tim: As I said, in southwest Florida, we had never had an angel fund prior to August 1, 2010. Just because it doesn’t exist doesn’t mean we can’t build it, not only in our region, but in the state of Florida. I think we’re emerging. I think
By guest authors Irina Patterson and Candice Arnold I am talking to Skip Simms, president and CEO of Ann Arbor SPARK, a nonprofit business development consortium in Michigan that works in partnership with the Michigan Economic Development Corporation (MEDC), the state’s economic development agency, to help early-stage entrepreneurs and growing companies.