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Learn why Detroit is poised for entrepreneurial renaissance.
Baby boomers are micromanagers, work hard, do not understand technology, are stubborn and want to destroy the planet. Millennials are lazy, entitled, tech savvy, want to save the world and don't know how to communicate in person. Although the generalizations of baby boomers and millennials vary, they do share one similar characteristic, they both share particular entrepreneurial characteristics. Millennials crave freedom and earning potential. Baby boomers have a desire to build something.
Small Business Innovation Research program (SBIR) grants can be a key source of funding for early-stage entrepreneurs ahead of seeking out venture capital and other types of investors, who would take shares of the company away from the founder.
"User entrepreneurs" have founded more than 46 percent of innovative startups that have lasted five years or more, even though the group only creates 10.7 percent of all U.S, startups.
Lately, there's been a lot of talk about these people we call millennials. Namely, the current generation, Generation Y, those "entitled, narcissists who still live with their parents", according to Keith Wagstaff. From complimentary to derisive, countless writers have deemed it their duty to predict exactly what this generation will add or (as most reports warn) detract from our current society. But the truth is, nothing has been said about the "Me, me, me generation" that hasn't been said about every generation before them.
What would you do if you were promised $24 million in funding – but the venture firm changed its mind?
Should the U.S. Food and Drug Administration protect the public or drive innovation? One industry leader gives us his take on the future of the FDA.
We recently hosted the inaugural class for the Ice House Entrepreneurship Education Program. The program coincidentally started just as the debt ceiling debacle was playing out in Washington. There was a shared moment of awareness that maybe those we feel should be making the economic ecosystem a better place for entrepreneurs were in fact incapable of doing so, and even doing things that were self-destructive; a reality driven home by the subsequent credit downgrade by S&P.
Early-stage entrepreneurs and startups typically need to work with at least two types of lawyers.
Non-dilutive capital is money an entrepreneur receives that does not affect the ownership of the company.
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