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Macomb-OU INCubator
  Incubate. Innovate. Accelerate.
June 2012
         

CLIENT COMPANY SPOTLIGHT
Mango Tree, Newest Mac-OU INC Tenant Company

The Macomb-OU INCubator is pleased to announce their newest tenant client, MangoTree Capital, LLC (MTC). MTC is a Registered Investment Adviser* firm launched in June 2012 offering investment advice and portfolio management. MTC's mission is to provide stable and enjoyable investment experience by integrating client goals with disciplined portfolio management while maintaining maximum account transparency through client account custody at an independent broker/dealer. They consider risk management and return equally important in pursuit of growth and income of assets.

"In looking for an office for the new company, from initial due diligence to selection of office space and incubator services, Julie Gustafson, Wayne Blizman and the entire staff were very sensitive and flexible to my needs and requirements for the business launch," says Satish Dharwadkar, President and Portfolio Manager at MTC. "MangoTree Capital, although a financial services company, has deep roots in technology through its quantitative models and envisions that the Macomb-OU INCubator services will help 'productionize' it for MTC employees' use while protecting intellectual property. I also plan to have MangoTree Capital become a 'go to' place for getting answers about general questions concerning markets, investment, portfolio and retirement plans."

Please visit *MTC website for more information. MangoTree Capital - welcome to the building!
 
Satish Dharwadkar, President and Portfolio Manager

MAC-OU INC HAPPENINGS




Josh Linkner To Be Next Fireside Growth Series Speaker

Mac-OU INC presents Josh Linkner as the next Fireside Growth Series Speaker on September 5, from 5-7 p.m..

Josh Linkner is, overall, an entrepreneur, venture capitalist and author. He is a four-time tech entrepreneur; the Founder, Chairman and former CEO of ePrize, the largest interactive promotion agency in the world; the New York Times Bestselling Author of 'Disciplined Dreaming: A Proven System to Drive Breakthrough Creativity;' CEO and Managing Partner of Detroit Venture Partners; Adjunct Professor of Applied Creativity at the University of Michigan; and a regular contributor to Inc. Magazine and Fast Company.

The Fireside Growth Series is a chance for entrepreneurs to tell their story, in a "been there" and "done that" type of fashion. They recall their trials and tribulations, and what it took to overcome them, as well as learning from their successes. This series is meant as more of a casual, intimate setting, with plenty of time for questions and answers so one entrepreneur can learn from another.

Please register in advance for this program by contacting Joan Carleton at (586) 884-9324 or macINC@oakland.edu. We look forward to having you as our guest!

Lean Diversification Green Belt a Success

The Lean Diversification Green Belt Certificate, as a part of the OU Lean Diversification Program, concluded its spring 2012 run at Mac-OU INC this Thursday, June 28. Participants within the program gained the ability to tackle targeted concerns within a company's value stream or operations, to apply Lean principles to focused areas of the business and to recommend ideas for culture change.

This program is meant to provide your company with the tools necessary to make strategic decisions about diversification, to help your leadership and staff learn to align resources for the best potential success and to stress a mindset of of continuous improvement and a respect for the roles of people throughout an organization.

Mac-OU INC has had many requests regarding any upcoming Lean programs. Please be on the lookout for an invite to the Startup Lean program, happening this fall! For early inquiries, please contact Joan Carleton at macINC@oakland.edu.




Maker Faire Detroit

Mac-OU INC is pleased to be a sponsor of Maker Faire Detroit 2012, along with the entire Business Accelerator Network of Southeast Michigan (BANSEM). Join us at The Henry Ford in Dearborn for the event, July 28-29 from 9 a.m. to 6 p.m., with an entrepreneurial innovative mindset.

This interactive and family-friendly event brings together over 400 "makers" to display their creativity and innovation in the form of arts, crafts, engineering, food, music, science and technology products and the Do-It-Yourself (DIY) mindset. Expect robots, flame shooters and animatronics to solar-powered mechanical sculptures and fashionable finds.

Mac-OU INC is looking forward to being a part of this exciting event. For more information, please visit The Henry Ford website or Maker Faire Detroit website. We hope to see you there!


BBC Presents: SBIR/STTR Proposal Preparation for DoD/DoE

This agency-specific seminar, taking place at Mac-OU INC on August 8, presents essential information for crafting a competitive SBIR/STTR proposal that meets the unique requirements for the Dept. of Defense and Dept. of Energy. It provides detailed instruction on the ins and outs of preparing a proposal, including both technical and commercialization plans, and navigating the often complicated submission process.

If you are a technology-based entrepreneur or small company seeking funding for R&D with plans to submit a SBIR/STTR proposal within the next 12 months, this is the seminar for you.

For more information on this program, and to register, please visit http://bbctraining8812.eventbrite.com. Online registration closes August 6, no refunds after that. For late registration, please contact Jayne Berkaw to check space availability.



 VELOCITY HAPPENINGS




Boeing Partnership Forum 2012

In collaboration with the Detroit Regional Chamber's Connection Point and Velocity, the Boeing Partnership Forum took place at the Center on June 25. This Forum created the perfect opportunity for Boeing to explore the various partnerships that could exist between them and Michigan small businesses.

A panel discussion included topics such as how to do business with Boeing, as well as current and future projects. In addition, different companies had the opportunity to engage with representatives from Boeing's Seattle and Los Angeles-based Defense, Commercial and Global Research teams.



 MAC-OU INC CLIENT HIGHLIGHTS

Beet Analytics Technology wins Innovation Award at the Great Lakes Entrepreneur's Quest (GLEQ) Business Plan Competition Award Ceremony

A big congratulations to Beet Analytics Technology, winner of the Automation Alley - Advanced Manufacturing Innovation Award!

This award, totaling $12,500, was a part of the GLEQ's 12th Annual Statewide Business Plan Competition Award Ceremony at Entrepreneur Connect 2012 at the James B. Henry Center on the Michigan State University Campus.

It is BEET's goal to provide a breakthrough software solution that will revolutionize the way industrial process performance (factory automation, conveyance, theme park equipment, etc.) is monitored and managed. BEET's patented technology will provide performance transparency and predictive analytics to deliver unparalleled decision velocity to industrial operations and reliability improvement endeavors. BEET will help quality and reliability management, manufacturing execution and preventative maintenance scheduling.

 


Brar Technology Garden Flourishes

It is one month into tenant client, Gurdev Brar's, of Brar Technology, Inc., gardening excursion, and his plants are coming along as planned. With the exception of a couple tomato plants that were lost to a couple of lucky rabbits, Gurdev feels his crops will be ready to produce in another three weeks. We are looking forward to later in the summer when we can enjoy all these fresh vegetables!

Brar Technology, Inc. is an expert on Conditioned Based Maintenance (CBM) and embedded software systems, especially real-time analysis of sensor data. Visit his website to learn more about Brar Technology, Inc.


Q&A with MAC-OU INC STAFF


Andrea Chom, Administrative Assistant
Andrea Chom
Administrative Assistant

In August of 2011, Andrea began working for Oakland University at the Anton/Frankel Center as a temporary office assistant, which continued through March of 2012. Andrea is now the newest addition to the Mac-OU INC team. In her words, "I am thrilled to be a part of the Macomb-OU INCubator now, and look forward to many rewarding years with the organization!" She is currently attending Macomb Community College - "I am trying to figure out what I want to be when I grow up!"

Favorite Pastime: "I spend my free time enjoying my family, home and garden. I have one adult daughter who has just relocated to New York City, two sisters in the Detroit area, another in Phoenix, Arizona, and a brother who lives on the south Jersey shore. We are a sports family, focusing on baseball, football (preferably college-level) and hockey."

Last Book Read: "I am an avid reader, with legal thrillers being my favorite. Most recently, I read 'The Help,' which was a wonderful read!"

Favorite Food: "We are a family that loves to experience food. While eating one meal, we are planning the next. My brother is an amateur chef, and I am a 'wannabe.' I love shopping the markets to host family meals, along with dining out. I will eat almost anything, but carbs are my downfall."

Favorite Sports Team: MSU Spartans


SPEAKER FEATURES

David Benjamin
Lunch and Launch Series: Do You Really Need Google+?
July 12  12 p.m.-1 p.m.
David Benjamin is Social Media Director and one of the original founders of SalesBasix, a Sales and Marketing e-Learning company based in Metro Detroit. As Social Media Director, David is responsible for all digital communications, disseminating company content, as well as sharing industry information. David creates written content for SalesBasix, and is responsible for creating Social Media modules for the company. In addition to his position at SalesBasix, David spends time indulging in a wide variety of gastronomic delights in, and around, the Detroit area. He is a contributing member of The Hungry Dudes, a Detroit-based group of food writers and photographers.

David provides consulting for both individual clients and businesses. Helping clients achieve success through the use of Social Media, David has enjoyed working with retail stores, sole practitioners, and on the NFL/Ticketmaster Ticket Exchange Program, as well as a variety of local restaurants and food retailers. In 2009, David was honored to be invited as an advisory board member of the SE MI Recruiter Connection, a professional and social network for recruiters and corporate staffing professionals in the greater Detroit/Southeast Michigan area. David is also a sought after speaker on the topics of sales, marketing, social media and public relations in the Metro Detroit area.
 
David Benjamin


EVENT REVIEWS

Lunch and Launch Series: Social Media: Protecting Your Brand and Other Legal Considerations
May 31: Kathy Ossian, Miller Canfield

Audience Reviews:

"I enjoyed listening to Kathy, she's very informative. Good event and information for start ups and new social media users alike."

" [She was] very knowledgeable on the subject - Miller Canfield is great!"

"Knowledgeable and informative - helpful to those who are starting a business."

 
Lunch and Launch Series: Facebook is Not Just for Kids: See How it Can Help Your Business and Brand Achieve Great Success!
June 7: Mike McClure


Audience Reviews:

"Very knowledgeable and informational - Mike gave a lot of info in a short amount of time. I now need to go back to work and implement what I learned."

"He was very knowledgeable about the subject matter and structured the presentation well to appeal to the audience's level of knowledge."

"[He did a] good job presenting the material - it was an interesting introduction to the topic."
Lunch and Launch Series: Building Beneficial Relationships with Customers, Suppliers and Contractors
June 21: John Carter, Witzke Berry Carter & Wander, PLLC

Audience Reviews:

"Oustanding!!!!"

"[It was] very specific, clearly explained and well presented. It was very education - I learned a lot of new things."

"[John Carter was] knowledgeable about contract development. Very informative for business owners."
 


BOOK REVIEW

"Why Now is the Time to Crush It!: Cash in on Your Passion"
Gary Vaynerchuk


By Julie Gustafson

Gary Vanerchuk's book "Why Now is the Time to CRUSH IT" was an easy, quick read about how he grew his dad's local liquor store from a four million to fifty million dollar business in less than eight years.

The importance of developing his personal brand through social media is a core theme of the book and a driving factor of his success. He blogged, used numerous social media tools, and developed flavorful videos on Youtube about wine tasting. He credits the success of his videos to being 100% authentically himself. His reviews were always honest and unfiltered, even if the truth risked not always pleasing his audience. He is confident that this honest, authentic approach to social media helped ignite the growth of his business.

Vanerchuk also shares three rules that formed the underpinning of his business and life philosophy, and ultimately his success: "Love your family, work superhard, and live your passion". The majority of the book is focused on "living your passion". His first entrepreneurial endeavor, at a young age, was born out of his passion for baseball cards – a passion he cashed in on in a big way. Trust me, his childhood money making schemes went well beyond the proverbial lemonade stand! With his baseball cards banked and behind him, Vanerchuk moved into the "big leagues", cashing in on his passion and love for wine to help grow his father's business. He emphasized that if you follow your passion, and love what you do, that you will not even need or think about vacations; you will be too busy enjoying yourself. He makes growing a business (with a little help from the internet) sound stunningly easy, and fun to boot!

Even though Vanerchuk says that one of the rules for success is "working superhard", very little time is dedicated to this subject. Herein lies my concern with the book: it has the potential to lead a passionate individual down an unexpected path and gives the impression that little else is needed to achieve success. Having spent the past 15 years watching small businesses grow, it takes true grit. While passion is a very important element for growing a business, it's unlikely to grow a healthy one on its own. Vanerchuk's book (and its readers) would have benefited from a more balanced representation of his three rules and how they coexist to create success.

 
 
 



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SUMMER/FALL 2012
EVENTS
.

Lunch and Launch Series:
Do You Really Need Google+?, David Benjamin
July 12  12 p.m. - 1 p.m.

BBC Presents:
Proposal Prep - DoD/DoE Focus
August 8 

Lunch and Launch Series:
Publishing Content on Social Media Channels, Sola Obayan
August 9  12 p.m. - 1 p.m.

Fireside Growth Series:
Josh Linkner, CEO and Managing Partner of Detroit Venture Partners and Founder, Chairman and former CEO of ePrize
September 5  5 p.m. - 7 p.m.

Lunch and Launch:
YouTube and Video, Charlie Wollborg
September 6  12 p.m. - 1 p.m.

Lunch and Launch:
Considerations When Entering Into a Partnership, John Carter, Witzke Berry Carter & Wander, PLLC
September 13  12 p.m. - 1 p.m.

Breakfast Panel:
Taking an Idea from Concept to Commercialization, Tex Criqui
September 26  8:30 a.m. - 10:30 a.m.

Lunch and Launch:
Mobile Apps, Daniel Cherrin
October 11  12 p.m. - 1 p.m.



 
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