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Angel Funding : Featured Stories

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Gathering at House Opera

Crowdfunding creatives: House Opera begins buildout after successful fundraising campaign

Crowdfunding certainly isn’t unique to Detroit, but it’s definitely useful in a city where banks can be reluctant to dole out loans. That's why countless business and nonprofits like the event space House Opera are turning to crowdfunding.

Patronicity team at work

Detroit's civic funding scene gets crowded

Community organizers and entrepreneurs have more choice than ever when it comes to asking the public for funding. But is the landscape getting 'crowded'? Nina Ignaczak digs in to find out what's going on in the world of civic crowdfunding in Detroit.

Detroit Sip

Second round of Motor City Match grants announced

The second round of Motor City Match grantees, who will receive a combined $500,000 in awards, are located throughout Detroit. They include a gourmet slider restaurant, a neighborhood pharmacy, a bike and coffee shop, among others.

Sandy Kronenberg couch

Impact investors swing the hammers that are building the new economy in southeast Michigan

Investing in a startup is one thing. Making an impact with that investment is another. A growing class of impact investors is putting smart money into scaling Metro Detroit's new economy, and it's paying big dividends.

David Egner

Life after elephants: Detroit's entrepreneurial awakening

The New Economy Initiative's executive director writes about how NEI helped change economic development in Michigan from hunting "elephants" to building a network of support to foster entrepreneurship, small business growth, and innovation – from grass roots to high-growth. 

McClure's Pickles

Welcome to the Year of the Gazelle, a series looking at metro Detroit's fastest growing companies

Over the next year, we will identify the fastest-growing local companies and tell you the behind-the-scenes stories of the entrepreneurs, investors, and the resources that are building Michigan's new economy.

CrowdFundABS

Can local crowdfunding startups compete in a crowded field?

Ten years ago the concept behind crowdfunding barely existed. Today, it's a mainstream source of investment for businesses, artists, communities and real estate. Which means, a new, growing industry of crowdfunding platforms has taken root in metro Detroit. 

SOUP List

Detroit SOUP to celebrate fifth anniversary with party and fundraiser at Ford Field

Since 2010, Detroit SOUP has hosted 90 dinners and awarded over $85,000 to Detroiters with ideas to improve their communities. On Feb. 15, SOUP celebrates its fifth anniversary with a party and fundraiser at Ford Field.

Wolfie Geske soldering a circuit board at Leon Speakers

Sound and Vision: Leon Speakers embraces the art of design

A lot of companies pay lip service to the idea of product innovation and aesthetics but Ann Arbor-based Leon Speakers walks the talk, using art and music as a source of inspiration. One has only to step inside its newly expanded complex to understand the depth of its commitment. Concentrate's Jon Zemke and Doug Coombe did just that.

Jeremy Lindlbauer at the TurtleCell offfices in Kerrytown

Accelerate Michigan farm system slow cooks startups

The annual Accelerate Michigan Innovation Competition may sometimes seem like a line-up of the usual startup suspects, but in actuality it's seeding the ground for more and wider business interests and, more importantly, investment.

Kyle DeWitt of Tecumseh Brewing Company

Tecumseh Brewing Company launches with a new kind of crowdfunding

It's not uncommon for a fledgling business to raise capital through crowdfunding sites like Kickstarter and Indiegogo. But what do you do if you're seeking investment partners through social media? That's the path the folks behind Tecumseh Brewing Company decided to take ...and they helped to change Michigan law along the way.

Elizabeth Garlow

More than just profit: Social entrepreneurs and the challenge to find investors

Some people want to make money. Others want to change society for the better. Social entrepreneurs want to do both. But in the Darwinian world of venture capitalism, convincing investors to compromise on profits for greater social good can be a tough sell. Metromode looks at how socially oriented startups can bridge that gulf.

OpEd: SBIR/STTR Funds Bridge the "Valley of Death" for Small Tech Companies

What comes first, the money or the product? Tech entrepreneurs are often caught in the catch-22 of needing funds to prove the worthiness of their products. BBCetc Managing Partner Lisa Kurek explains a real but often overlooked option.

SocEntList

The state of social entrepreneurship in Detroit

Social entrepreneurship is on the rise in Detroit. Aaron Mondry brings us this story about three local social ventures making names for themselves and how the city and the state are making a splash on the national social entrepreneurship scene.

NEIdeasList

Jim Boyle: It's time to celebrate and reward Detroit's existing businesses

Existing businesses in Detroit, Hamtramck, and Highland Park don't get the attention that startups do, but a new program is set to reward 32 existing businesses with $500,000 in prizes for their ideas for growth.
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