Features

CrowdJuice aims to release public Beta this winter

CrowdJuice, an event-based tech firm, has recently secured a five-figure microloan and plans to release the public Beta of its mobile app later this winter. The Tech Brewery-based start-up is developing software that makes it easy for event participants to find the people they want to connect with and background information on them. The idea is to help maximize networking time. This web-based and mobile attendee matchmaking software and mobile conference will in essence serve as a guide for professional events. It premiered at last year's Michigan Growth Capital Symposium. "All of this is about connecting at events," says Ed Farrell, CEO & founder of CrowdJuice. "We take the traditional print guide and put it in your smartphone or tablet and add a bunch of valuable features to it." CrowdJuice, a two-person start-up, plans to use its new financing from the Michigan Microloan Fund Program to help further its product development, marketing and sales efforts. The Michigan Microloan Fund Program, launched in 2009, has provided microloans worth between $10,000 and $50,000 to 76 companies.   Source: Ed Farrell, CEO & founder of CrowdJuice Writer: Jon Zemke Read more about Metro Detroit's growing entrepreneurial ecosystem at SEMichiganStartup.com.

Pinoccio works to commercialize micro-controller tech

Pinoccio is looking to raise some seed capital in a new way, crowd funding. The Ann Arbor-based start-up has launched an Indiegogo campaign to raise $60,000 to produce its new microcontroller technology and the company is nearly halfway there. "We're in a state now where we feel good about reproducing them," says Sally Carson, co-founder of Pinoccio. "We just need the funding to do that." Pinoccio is developing a wireless, web-ready microcontroller with WiFi, LiPo battery and built-in radio. This technology allows users to send commands to the microcontroller, about the size of your thumb, from their laptop using the Internet. Carson and Eric Jennings began developing this technology about six months ago. They choose to base the company in Ann Arbor because Carson's husband is pursuing a PhD in biology at the University of Michigan. They hope to raise the $60,000 from the Indiegogo campaign by Valentines Day and have raised $25,000 as of Tuesday. "I'd like to see this become a sustainable business," Carson says. "I am excited to see what people build with Pinoccio. It's exciting to build a tool and see what clever and smart people build with it." Source: Sally Carson, co-founder of Pinoccio Writer: Jon Zemke Read more about Metro Detroit's growing entrepreneurial ecosystem at SEMichiganStartup.com.

Feature Story Amanda Edmonds at Growing Hope in Ypsilanti

Guest Blogger: Amanda Edmonds

Nonprofits are on a mission to become more enterprise-focused: entering business plan competitions, even seeking start-up cash. Repeat blogger Amanda Edmonds, executive director of Growing Hope, reflects on her nonprofit's social enterprise role and on the value of diversified funding sources.

Feature Story Brent Oeschger at Kahootz Toys

Kahootz Toys Is Hard At Play

Maybe they learned it from playing games. After the four partners who owned toy company Giddy Up sold their business in 2011 they had to decide what to do next. So, they moved their pieces back to start and launched another toy company - Kahootz. First on the agenda? Introducing a new generation to a classic favorite: Spirograph.

Baconfest luminary Chef Steven Grostick joins Produce Station

Ann Arbor's Produce Station is more than just fruits and veggies, it's becoming a foodies destination and haven. Their latest acquisition? The now former Executive Chef of Toasted Oak Grill + Market in Novi.
 
Excerpt:
 
"The Produce Station has really grown their presence over the last year, but has been focused on carrying locally-grown, locally-raised and locally-made products since they opened in 1986. (Yep ... loooooooong before the locavore movement became a thing.) With Steve on board you can expect to see more signature events, like their "The Art of Local" event held this past June and other ticketed events with Michigan wine, beer and cider producers paired with Steve's house-made charcuterie and more. 
 
Read the rest here.
 

Toyota previews autonomous car

The whiz-kids at Ann Arbor's Toyota Research Institute have developed a car that uses radar sensors and a laser scanner to collect three-dimensional data. That data is sent to oan on board computer that then analyzes the surroundings and then operate the car’s controls. 
 
Twenty years later Skynet takes over the Earth.
 
Excerpt:
 
"Toyota is also working to allow a car to understand road and traffic conditions much as a human driver would—for example, by observing traffic signals. “That may, over time, evolve into a fully autonomous car,” said Templin. The research is motivated by a desire to “eliminate future traffic-related fatalities and injuries.”"
 
Read the rest here.

Fed Chairman Ben Bernanke to speak at U-M next week

Federal Reserve Chairman Ben Bernanke will be speaking and answering audience and online questions at the University of Michigan next Monday (Jan. 14) from 4:00-5:30pm.
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Excerpt:
 
Federal Reserve Chairman Ben Bernanke joins Ford School Dean Susan Collins for a conversation on monetary policy, recovery from the global financial crisis and long-term challenges facing the U.S. economy.
 
The event is free and open to the public, but seating passes are required. Tickets are available for the public starting at noon Friday, Jan. 11, at the Michigan Union Ticket Office. U-M faculty, staff and students can pick up seating passes at the ticket office on Thursday, Jan. 10. Limit one per person.
 
Michigan Union Ticket hours and location: http://muto.umich.edu/about
PLACE: Rackham Auditorium, 915 E. Washington St., Ann Arbor 

Oregon company buys Arbor Photonics

Ann Arbor-based laser technology company Arbor Photonics has been targeted for acquisition by advanced laser manufacturer nLight Corp. ion Oregon.
 
Excerpt:
 
"Following the deal, Keeney said nLight will retain a small office in Ann Arbor, Mich.
 
The companies did not disclose terms of the sale, but nLight reported in an regulatory filing last week that it had raised $3 million in conjunction with an acquisition. Keeney said this morning that filing presents an incomplete picture of the deal."
 
Read the rest here.

One year of the Wurst

A year ago The Wurst Bar opened in Ypsilanti. It quickly became a success, surprisingly less for its brews and more for its food. Mark Maynard decided to interview owner Jesse Kranyak about business, the community and competition.
 
Excerpt:
 
"I do not think that there is any competition in Ypsilanti – the market is still under developed and under appreciated in my opinion. A lot of the businesses in the area do share a lot of the same customers, but every additional business that offers something unique also adds to the quality of the entire neighborhood. This is not an area that has hit any saturation point, and, if another restaurant opened and we lost business, I would start heavily critiquing how I was approaching customers rather than think they were being taken away. We still continually get customers that drive in to check us out from Birmingham, Royal Oak and Beverly Hills because of something they saw online. I think that’s great for other places as well. I live and work here in Ypsilanti and I would be pretty hard pressed to continue doing so if there were not other places to eat and socialize such as Sidetrack, Beezy’s or Red Rock."
 
Read the rest here.

Hotel Hickman's Chuck Wagon BBQ rides into Dexter

Downtown Dexter is less than 10 miles west of Ann Arbor, but it's looking more like Montana if Hotel Hickman's Chuck Wagon BBQ has anything to say about it. You might recognize the catering and take-out joint, which opened in the former sheriff substation at 8050 Main St. in late November, by the chuck wagon parked out front from time to time. Owner Scott Thomas does a brisk business cooking up Texas beef brisket and ribs on his 1889 chuck wagon, which also often sits outside the Dexter Feed Mill. He smokes all of his meats and makes everything from scratch – dishes like buttermilk biscuits and gravy, and mac and cheese. Four people staff Hotel Hickman's Chuck Wagon BBQ, open Friday through Sunday all winter long. The foursome also does Wild West reenactments and cooking for private parties. Thomas plans to hire more staff and add outdoor picnic tables during the busier summer season. "It's kind of a hobby, a little passion doing a little barbecuing," Scott says. Source: Scott Thomas, owner, Hotel Hickman's Chuck Wagon BBQ Writer: Tanya Muzumdar

Sweetwaters to brew in Ypsi, add 15 jobs

An Ann Arbor institution is making a foray into another college town, Ypsilanti. Sweetwaters will be opening its newest coffee and tea shop at 735 W. Cross St., behind the Water Tower landmark, likely by early February, according to co-owner Lisa Bee. She hopes to have an opening celebration to coincide with the Chinese New Year. A coffee bar and new seating, flooring, and lighting are being installed. "We try to make every store a little bit different, and this one is going to have a fun kind of rustic modern industrial feel," Bee says, adding, "There'll be more rustic woods in there and some metals." Exposed pipes and old barn wood are part of the décor in the 1,500 sq. ft. café, which will seat about 30 people. Fifteen employees will staff the new shop. "We like the EMU campus," says Bee. "There seems to be a nice concentration of students, as well as the location that we're in is also close to residential, so we like that mix." Source: Lisa Bee, co-owner of Sweetwaters Writer: Tanya Muzumdar

R.U.B. BBQ Pub serves up eats, drinks and 50 more jobs in Ann Arbor

The newly opened R.U.B. BBQ Pub is filling one of the last few slots in Ann Arbor's culinary palette. The eatery, located at 640 Packard St., began serving barbecue and hundreds of different beers during the last weekend of 2012. A student grand opening will be held from Thurs., Jan. 10 - Sat., Jan. 12. "I like to call [Ann Arbor] the restaurant capital of Michigan because there's so many different palates of cuisine to choose from. The one particular taste of food that's missing is great authentic from-scratch barbecue," says Omar Mitchell, regional manager of R.U.B. BBQ Pub, which also has locations in Detroit and Warren, Mich. The restaurant group is owned by the Yono family. The eatery, formerly home to the Packard Pub, has been newly painted and has over two dozen TV screens, more tables and chairs, LED lighting, and energy-efficient coolers.  "We're doing little things like that to give back and go green, you know?" Mitchell says. About three dozen new hires staff the pub, which still has several job openings. Ultimately, the pub will have over 50 employees, according to Mitchell. It is open seven days a week and also offers curbside pickup, delivery, and catering. Source: Omar Mitchell, regional manager of R.U.B. BBQ Pub Writer: Tanya Muzumdar

Development News

Global auto supplier Faurecia expands Saline operations, improves facility

A new high-speed slush skin line has been installed to support the Ford Focus program. In time for the winter auto show season, dollars are hitting the road. Faurecia, the sixth-largest automotive supplier world-wide, is using the proceeds of an Industrial Facilities Tax incentive from the city of Saline to make what Ray Boufford, vice president of strategic transformation for Faurecia, calls a "significant investment" at its Saline factory. Ann Arbor SPARK helped to facilitate the deal between the manufacturer and the city of Saline. In its 1.6 million sq.ft. factory, Faurecia manufactures cockpits, instrument and door panels, and center consoles for Ford vehicles. "Under Faurecia ownership, Saline will become a technology plant that focuses on such core technologies as injection molding, skin manufacturing and foaming operations for interior systems. Faurecia is reconfiguring the plant into a streamlined, one-piece flow operation replacing the previous lay out," Boufford says in an email. The redesign work started when Faurecia began operations in Saline in June of 2012, and will continue over the next few years. Other upgrades include new plant floor lighting and painting the formerly brown walls white for a brighter work atmosphere. Over the past year, Faurecia has added eight new North American locations, including four in Southeast Michigan. "The plant will employ approximately 1,200 once the transformation is complete," Boufford says. Sources: Ray Boufford, vice president of strategic transformation for Faurecia; Ann Arbor SPARK Writer: Tanya Muzumdar Image courtesy of Faurecia

Pharma firm Esperion adds new CEO to growing staff

Esperion Therapeutics is bringing on some familiar faces to its staff, including a new CEO that has an extensive history with the pharmaceutical firm. Tim Mayleben replaces Esperion Therapeutics' founder, Roger Newton, as president and CEO while Newton becomes the firm's executive chairman and chief scientific officer. Mayleben previously served as president and CEO of Ann Arbor-based Aastrom Biosciences before stepping down last summer. Mayleben also once served as Esperion Therapeutics' COO and CFO a decade ago, helping it raise more than $200 million in seed capital and negotiating its sale to Pfizer in 2004 for $1.3 billion. Newton bought back the company four years ago and relaunched it. "I am a business person by training. Roger is a scientist and a company builder," Mayleben says. "We complement each other really well." Esperion Therapeutic's most advanced product candidate, ETC-1002, is in Phase 2 clinical trials for patients with hypercholesterolemia and other cardiometabolic risk factors. ETC-1002 is a small-molecule metabolic regulator of imbalances in lipid and carbohydrate metabolism and inflammation. It is being developed to address the underlying causes of metabolic diseases and reduce multiple risk factors associated with them. In preclinical and clinical studies to date, treatment with ETC-1002 has been shown to be safe and well-tolerated while producing statin-like reductions in LDL-C and inflammatory markers. Esperion Therapeutics plans to wrap up it's Phase 2 clinical trials later this year and begin Phase 2 D clinical trials in 2014. Phase 2 D clinical trials are one of the final steps before FDA approval and often take two years or more to complete. The company has historically called Ann Arbor home before moving to the Michigal Life Sciences Innovation Center, managed by Ann Arbor SPARK, in Plymouth. The company now employs 11 people after hiring three recently. Source: Tim Mayleben, president & CEO of Esperion Therapeutics and Roger Newton, founder of Esperion Therapeutics Writer: Jon Zemke Read more about Metro Detroit's growing entrepreneurial ecosystem at SEMichiganStartup.com.

Bank of Ann Arbor acquires firm, preps to open new branch

Bank of Ann Arbor is seems to come up with new ways to grow each year with its newest innovation comes from acquiring Ervin Leasing Co, an equipment leasing and financing firm. The Ann Arbor-based firm and its 15 employees were a subsidiary of Ervin Industries. It successfully navigated through the last recession and was ready to ramp up business when its lines of credit, about $100 million, were sidelined. Bank of Ann Arbor will now provide funding for that growth. "It's an opportunity for us to add some diversification to our loan portfolio," says Tim Marshall, president & CEO of Bank of Ann Arbor. Bank of Ann Arbor has been consistently growing its core business, too, over the last few years. Its total assets have expanded from $689 million in 2010 to $774 million in 2011 and $889 million in 2012. It has hired about a dozen people over the last year, bringing its staff to 148 full-time employees. Bank of Ann Arbor is also about to expand the reach of its branches. The downtown Ann Arbor-based bank plans to open a new branch in Saline early this year, which will mean another five new jobs. Bank of Ann Arbor. The bank also plans to expand the staff of Ervin Leasing Co by more than double in the coming years. "Our goal is to be at 35 employees there within the next 36 months," Marshall says. Source: Tim Marshall, president & CEO of Bank of Ann Arbor Writer: Jon Zemke Read more about Metro Detroit's growing entrepreneurial ecosystem at SEMichiganStartup.com.

Ypsilanti's ISSYS set to begin clinical trials

Integrated Sensing Systems, AKA ISSYS, is looking tot expand its product portfolio from micro sensors in the life sciences industry to micro sensors that can be used in the industrial space. Since 1995, the Ypsilanti-based business has designed and developed microelectromechanical systems for medical and scientific sensing applications. Its latest piece of technology is an implant that allows medical professionals to wirelessly monitor the heart. "We hope to begin clinical studies early next year," says Nader Najafi, president & CEO of Integrated Sensing Systems. He adds he hopes to begin sales in Europe in 2014 and in the U.S. the next year. The company is also looking at selling fluid sensors in industrial manufacturing, however, the company is still in the early stages of exploring that new market. "We're trying to bring in strategic partners," Najafi says. Integrated Sensing Systems employs 25 people and has made a handful of hires in 2012. It expects to add a couple more jobs in 2013. Source: Nader Najafi, president & CEO of Integrated Sensing Systems Writer: Jon Zemke Read more about Metro Detroit's growing entrepreneurial ecosystem at SEMichiganStartup.com.

Blaze Medical Devices aims to commercialize, raise angel funds

Blaze Medical Devices is gearing up to begin selling the first units of its blood transfusion product this year, and full commercialization in 2014. The Ann Arbor-based startup's principal product specializes in quality control and optimization for the blood banking and transfusion industry. The technology analyzes stored blood to allow clinicians to predict the effectiveness of transfusions by assessing the levels and rates of quality loss during storage for individual units. The 6-year-old start-up expects to finish initial development of the product early this year and begin sales of it to researchers by this summer. It expects to receive FDA approval sometime next year and begin commercial sales soon after. "The product is in the final phases of its design," says David Weaver, CEO of Blaze Medical Devices. Blaze Medical Devices, which employs three people and the occasional intern, is also in the later stages of fundraising for its angel-seed round. The company landed a $250,000 investment from the Great Lakes Angels Group and expects to close on $1.5 million worth of seed capital by this summer. "We're about halfway (to our goal) now," Weaver says. Source: David Weaver, CEO of Blaze Medical Devices Writer: Jon Zemke Read more about Metro Detroit's growing entrepreneurial ecosystem at SEMichiganStartup.com.

Meadow Fete Media hits stride in Ann Arbor, looks to hire

Lyndsay Dusek was laid off in 2006. The Ann Arbor resident had a background in web development, graphic design, the fine arts and languages so she decided that adding all that up equaled the right mix for starting a business. Six years later, Meadow Fete Media is looking to hire its first employee. The downtown Ann Arbor-based Internet business specializes graphic design and web development. It has done a number of projects with local small businesses, including VinologyThe Produce Station and a community-garden initiative for Project Grow. "2012 was a huge growth year," Dusek says. "I am hoping to make this year an even bigger one." To help make that possible, Dusek is looking to hire a person who specializes in front-end web development and graphic design. "I am essentially looking for a second me," Dusek says. To make that happen, Dusek plans to increase work from a growing list of locally based clients headed by people she can relate to and identify with. "That's the major factor in the growth of the company," Dusek says. Source: Lyndsay Dusek, CEO of Meadow Fete Media Writer: Jon Zemke Read more about Metro Detroit's growing entrepreneurial ecosystem at SEMichiganStartup.com.

California-based QAD acquires local software firm CEBOS

QAD, a publicly traded company based in California, has acquired Brighton-based firm CEBOS. Both companies specialize in creating software for manufacturers with QAD, a publicly traded company on the NASDAQ, being much bigger. It paid $5 million for CEBOS. CEBOS employs 33 people, mostly in Brighton, after hiring a handful of people in 2012. "We expect it continue to run in Michigan," says Gordon Fleming, executive vice president & chief marketing officer with QAD. He adds the main reason for this plan is to keep the current nexus of talent and expertise at the company intact by letting it remain in Michigan. QAD specializes in creating manufacturing software for global companies. CEBOS makes software for quality management and regulatory compliance in manufacturing firms. It recorded revenues of about $4.5 million in 2012. It has about 500 customers, most of whom are based in the U.S. QAD went ahead with the acquisition to add one more tool to its manufacturing software tool kit.  It expects to grow CEBOS as the company's revenues and customer base continue to expand. "Our vision is to help every global manufacturer become what we call an effective enterprise," Fleming says. Source: Gordon Fleming, executive vice president & chief marketing officer with QAD Writer: Jon Zemke

Feature Story The boardwalk in Portland made upper floor housing possible for more buildings

Upper Floor Housing Rehabs Spur Neighborhood Growth

When shopping in your favorite downtown store, ever wonder what's upstairs? For decades, the answer has been "not much" for many Michigan cities. Take a look at how that trend is changing across the state, in communities like Manistee, Portland and Detroit's Eastern Market, where local property owners are redefining downtowns by reviving upper floor residences. 

Hasini and Harshini Anand are members of Corner Health Center's Youth Leadership Council and mental health advocates.

 


   Voices of Youth
Concentrate's Voices of Youth series features content created by Washtenaw County youth in partnership with Concentrate mentors, as well as feature stories by adult writers that examine issues of importance to local youth. Click here for a full list of the latest content from this series.