Compass: Opportunities and Events for Entrepreneurs
October 22, 2013

Business Plan Competition – Sign-up Ends October 30

Entrepreneurs expecting to participate in GLEQ's Business Plan Competition must sign up before next Wednesday, October 30, at 5 p.m.

First time participating:
Participated before:

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This is It's ACE'14 Pitch Application Time

The fourteenth Annual Collaboration for Entrepreneurship is rapidly approaching and the time is now to apply to be one of the six smart, ambitious and investible entrepreneurs to pitch.  Here's what the last two winners had to say about the opportunity to pitch at ACE:

 "Winning the ACE pitch competition was a springboard in CureLauncher's path to commercialization.  We established investor contacts that led to successfully closing our funding round.  ACE is an exceptional event and an important resource for entrepreneurs and innovators."  David Fuehrer, CureLauncher

 "Entering and winning the ACE pitch competition was not only great PR for us as a young company; it was also great to hone our ever-important "pitch". Having just a tiny window to get – and keep – a new prospect's attention, it has been key for us to have our pitch down pat so they come back for more."  Laura Schrader, 3D Biomatrix, Inc.

Apply today at .

Michigan Celebrates Small Business Nominations Due

The Michigan 50 Companies to Watch program celebrates the state's growth businesses. It is designed to discover and honor the companies that make an impact in their markets, in their communities and in the state. Michigan Celebrates is seeking companies known for their marketplace performance, innovation, philanthropy and corporate culture. Michigan Celebrates Small Business is also accepting nominations for the Innovation Award. To be eligible for this award, the product or service must have been developed by the applicant and earned revenue for the first time during the previous three years. 

All award nominations are due November 9 and can come from service providers (such as attorneys, bankers, accountants, public relations representatives, economic development professionals, etc.) or companies may self nominate.

Find out more about the nomination and application process at .

GLEQ Teams Celebrating
Eli Lilly wants to know what you think of CureLauncher.  Find out more about this innovative platform for getting cancer patients matched with life altering clinical trials at and then let Eli Lilly know how you feel so Click here to vote
Revalue Launch Party.  Reconsider launches Revalue this Thursday in Ypsilanti.  Find out more about how their new initiative will impact the community.  Click here to register.


Last Minute October Opportunities

The Big M Nominations Due.  THE BIG M brings together industry-leading companies and organizations to develop an exceptional event that celebrates innovation in manufacturing.  Save the date - June 9-12, 2014.  There will be a maximum of  four companies chosen by Automation Alley and the Society of Manufacturing Engineers who are looking for modeling, simulation and visualization (MSV) companies to showcase.
Wednesday, October 30, application deadline.
Companies interested in applying for THE BIG M Automation Alley MSV Innovation Factory should contact the Automation Alley Resource Center at or 800-427-5100.

Ask-the-Experts.  Join in at MMIC on Halloween to ask the experts
about protecting your intellectual property.  Bring a dish to pass to this special Halloween event.  Experts include John Carter, Esq., John Di Giacomo, Christopher John Rudy, and Reed Schick.  
Thursday, October 31, 10 a.m.-2:30 p.m.
MidMichigan Innovation Center, 2007 Austin Street, Midland
Click here to find out more.  

Astounding Resource – A GLEQ Coach

For the fourteenth consecutive year, GLEQ is giving entrepreneurs the tangible help they need to be successful through coaching. Without fail… entrepreneurs thank us for connecting them with the coach that helped them by providing key insights, credible and practical advice, and candid feedback while they developed their business plan competition submissions.

GLEQ coaches are a scarce and significant resource that readies entrepreneurs through one-on-one session to engage with customers, recruit and develop their team and meet potential investors. GLEQ participants are often astounded to find out that this service is available at no cost. Entrepreneurs simply elect to take advantage of this opportunity when they register for the competition.

Here's what we've recently heard from a few entrepreneurs:

"Gary was a phenomenal coach. He made himself available on short notice, over weekends and basically whenever we needed him. He was also very knowledgeable, providing professional and credible advice and practical, tangible help with our business plan."

"Viktor was extremely knowledgeable in the development and coaching of the Business Model Canvas.  He was articulate and provided key insights into the customer discovery process.  His keen ability to take highly complex subject matter and simplify was both beneficial and appreciated.  Viktor excels at providing coaching on how to deliberately identify key customer insights that allow you to link your customer segments with your companies' value proposition." 

"We have had several sets of mentors for various publicly sponsored initiatives and the difference between Vince and the others is nothing short of gargantuan.  His willingness to provide timely and candid feedback over the course of our submission development was extremely refreshing.  He was able to seamlessly blend guidance that facilitated both (in our opinion) an excellent GLEQ package as well as a document that will serve us well in future fund raising efforts."

Register to participate in the GLEQ Business Plan Competition and get the kind of help you can use while building your business.

 Highlighting November Events

A Business Model Canvas Walkthrough - A.M.  Participants in the GLEQ Vision to Action Challenge and other area entrepreneurs will have an opportunity to walk through the Business Model Canvas with Dr. Tim Syfert of Grand Valley State University.  Dr. Syfert's approach is informal and attendees can ask questions during the walkthrough.
Monday, November 4, 9:30-10:30 a.m.
Click here to register.

A Business Model Canvas Walkthrough - P.M.  Participants in the GLEQ Vision to Action Challenge and other area entrepreneurs will have an opportunity to walk through the Business Model Canvas with Dr. Tim Syfert of Grand Valley State University.  Dr. Syfert's approach is informal and attendees can ask questions during the walkthrough.
Monday, November 4, 3-4 P.M.
Click here to register.
The Motivated Mitten.  Students and interested individuals from around the state are invited to learn from a diverse group of successful Michigan-made entrepreneurs from various fields, interests, and backgrounds. 
Monday, November 4, 6:30-9 p.m.
CMU, Warriner Hall, Plachta Auditorium, Mount Pleasant

Ask-the-Investors. This GLEQ event hosted by Bizdom at Grand Circus is designed to give entrepreneurs the opportunity to ask investors questions; what do investors want to see in a business plan or executive summary, what makes a compelling and fundable plan, how should you handle weaknesses in your business plan like an incomplete management team, the competitive risks, five year financials and much more. A panel of investors will field your questions and provide suggestions. 
Tuesday, November 5, 5-7:30 p.m.
Specific location TBD, Detroit
Click here to register.

Completing the Business Model Canvas: Peer-Supported Workshop - Ypsilanti.  Participants in GLEQ's Vision to Action Challenge will have an opportunity to work with coaches and one another to complete their Business Model Canvas. Participants should visit to get familiar with the editable document. 
Wednesday, November 6, 5-7 p.m.
SPARK East, 215 W Michigan Ave, Ypsilanti
Click here to register.

INNO-VENTION 2013 - A Medical Main Street Conference.  This year's conference focuses on how information technology is fueling changes in health care and its impact on the next generation of medical devices.
Wednesday-Friday, November 6-8
Troy Marriott, 200 W. Big Beaver Road, Troy
Click here for more information.

Making it in Michigan. Michigan's premier specialty food show celebrates food- based businesses and accelerates their achievements.  Register for the education sessions and networking, and to learn from an industry leading keynote speaker − or sign up to sample the delicious food made by entrepreneurs right here in Michigan.
Tuesday, November 12, 8:30 a.m.-4 p.m.
Lansing Center, 333 W. Michigan Ave., Lansing
Accelerate Michigan Innovation Competition and Gala. AMIC is an international business competition that connects later-stage entrepreneurial companies with local, national and international investors. It showcases the best and brightest new business concepts to investor capital to help foster their growth in Michigan. Semi-finalists will compete Wednesday and Thursday for top spots to pitch at the Awards Gala Thursday evening.  
Tuesday, November 12, 5-7:30 p.m., Welcome Reception
    Guardian Building, 500 Griswold Street, Detroit
Wednesday, November 13, 8 a.m.-5:30 p.m., Semi-finalists compete
    Westin Book Cadillac, 1114 Washington Blvd., Detroit
Thursday, November 14, 8 a.m.-3:15 p.m., Semi-finalists compete
    Westin Book Cadillac, 1114 Washington Blvd., Detroit 
Thursday, November 14, 5-9:30 p.m., Awards Gala
    Ochestra Hall, 3711 Woodward Ave., Detroit
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