Event to be held at MITC building and broadcast to two locations
ANN ARBOR, Mich., March 31 /PRNewswire/ -- The New Enterprise Forum (NEF)
and the Great Lakes Entrepreneur's Quest (GLEQ) will present "Venture Capital
and the Economic Impact of the Venture Michigan Fund" on Thursday, April 21,
2005 at the new MITC (Michigan Information Technology Center) building, 1000
Oakbrook Drive in Ann Arbor.
"Venture Capital and the Economic Impact of the Venture Michigan Fund"
will be moderated by Cindy Douglas, vice president of technology acceleration
at MEDC (Michigan Economic Development Corporation). She will lead Charles
Rothstein, co-founder and senior managing director at Beringea, LLC; and
Douglass J. Diggs, director of community and economic development at Detroit
Renaissance; in a panel discussion on their thoughts, roles and expectations
on the Venture Michigan Fund.
In addition, the program will be video broadcast from the MITC building,
using technology from Internet2, to Automation Alley in Troy and Kalamazoo.
The panelists will be able to field questions from each site and each location
will have its own moderator.
There will be two Showcase Presenters, Neil Dueweke, president of nPoint;
and Todd Mielke, president of Prezign. nPoint is a homeland security venture
that is commercializing its proprietary Radiation Monitoring Strip to help
guard against WMDs and other radiation emitting threats from entering the U.S.
Prezign is commercializing Epsys, a new Web based Product Lifecycle Management
application that helps manufacturers achieve zero defects.
Networking and registration begins at 5 p.m. with the program starting at
5:45 p.m. The cost is free to NEF members and free to GLEQ members who pre-
register at the GLEQ Web site, http://www.gleq.org , or $20 at the door and
for non-members. For more information, please visit
http://www.nef.bizserve.com .
About NEF
NEF is the entrepreneurs' link to resources and is dedicated to helping
entrepreneurs prosper and grow by providing connections to management
expertise, joint venture partners, mentors, business services, capital and
other resources. Monthly events provide networking opportunities, a Showcase
Presentation of a product, service or company, a feature speaker or panel and
an open forum discussion. The "open forum" is an opportunity for attendees to
introduce their business or service and seek help from other participants.
About the Great Lakes Entrepreneur's Quest (GLEQ)
The GLEQ is a nonprofit 501(c)(3) educational program designed to
accelerate the formation of high-growth companies across Michigan. Anyone who
lives, works or attends school in Michigan can participate in the competitions
and educational programs at no cost.
The GLEQ sponsors a statewide business plan competition with a deadline
for registration on April 15th and business plan submission on May 15th. The
Quest is structured into two distinct maturity "paths": companies with more
developed businesses compete in the Emerging Company (EC) path while teams
with new or less developed business ideas compete in the New Business Ideas
(NBI) path.
The EC teams must complete and submit an 8- to 12-page business plan,
while the NBI teams must develop and submit a five-page executive summary
describing their business or business idea. The GLEQ provides the help of
coaches and educational programs to assist all entrepreneurs with their
business plans. A $25,000 cash award is given to the winner of the EC path in
the spring, while additional cash and in-kind awards are provided to the EC
and NBI winners.
The GLEQ's primary sponsors are the Michigan Economic Development
Corporation, Zell Lurie Institute for Entrepreneurial Studies at the
University of Michigan Ross School of Business, Michigan State University,
Wayne State University, Apjohn Group, Southwest Michigan First, and Esperion
Therapeutics. Founded in 2000, the GLEQ has awarded $600,000 in prize money
during the first four years of its annual business plan competition and
provided over a thousand hours of free training and coaching. Additional
information is available at http://www.gleq.org or by calling Art DeMonte,
Executive Director, at 734-913-0090.
SOURCE New Enterprise Forum
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Related links:
http://www.nef.bizserve.com
http://www.gleq.org
CONTACT:
Jessica Annaloro of Eiler Communications,
+1-734-761-3399, Jessica@EilerPR.com , for New Enterprise Forum
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