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  Incubate. Innovate. Accelerate.

FEBRUARY 2013
         

EXECUTIVE-IN-RESIDENCE SPOTLIGHT

ADVICOACH
Mac-OU INC would like to welcome one of the new Executives-in-Residence (EIR) for 2013, AdviCoach of Michigan. The AdviCoach mission is to support all clients and partners in creating better futures for themselves and their employees by helping them deal with the challenges of building an effective and sustainable business. Their advisors are out in the community working with business owners and leaders to increase profits, build high-performing teams and execute on solid strategies for growth.

Kathryn Baker, owner of AdviCoach of Michigan, stated, "We're excited about utilizing the outstanding facilities at the Macomb-OU INCubator as we expand our services to include a new group coaching program, additional free educational offerings and a larger team. We are also proud to support the clients of the Macomb-OU INCubator as part of the Executives-in-Residence Program."





MAC-OU INC HAPPENINGS

INCUBATOR TO PLAY KEY ROLE IN ADVANCING RESEARCH, ECONOMIC GROWTH
The Macomb-OU INCubator has been selected by the Michigan Economic Development Corporation (MEDC) to administer the Defense Advanced Research Projects Agency (DARPA) Federal Matching Program for the State of Michigan.

DARPA was established in 1958 to prevent strategic surprises from negatively impacting U.S. national security and to create strategic surprise for U.S. adversaries by maintaining the technological superiority of the U.S. military. To accomplish this, DARPA supports revolutionary, high-payoff research, bridging the gap between fundamental discoveries and their military use.


 

BUSINESS ADVISORY BOARD (BAB) UPDATE
February has been a busy month for our BAB's. We hosted meetings for two of our newest clients; Suburban Waste Services, owned and operated by John Armstrong, and Desk Jockey, a wellness equipment company owned and operated by Mike Scarchilli. Both boards brought about valuable discussion on marketing trends, business planning and forecasting future revenue and sales, among other topics.

Desk Jockey received expert advice from Bob Madigan, Curt Petterson, John Marshall, Sue Emery and Mark Spiess. Suburban Waste Services received expert counsel from Drew Baldino, John Gave, Rick Goldstein and Jason Lambiris
.
Mac-OU INC is pleased to offer this service to our clients, as they find great value in the advice and counsel offered by successful business professionals. We look forward to organizing several new BAB's in the coming months for new clients, and we would like to thank all of those BAB members who so freely give their time for our clients.



I-HUB GAINING MOMENTUM
Mac-OU INC would like to welcome the newest I-Hub member, Range Gen, an energy and mechanical services firm.

Computers have been installed in the I-Hub, adding to the collaborative environment with a coffee shop-style feel. The I-Hub continues to be a great location to get work accomplished while mingling with other entrepreneurs. Ideas can be exchanged and new methods of best practice may come to fruition for your small biz.

Mac-OU INC staff, Executives-in-Residence, Business Advisory Board members and all clients are welcome to join us at the end of every month for the I-Hub Lunch Club. Why eat your lunch at your desk when you can get to know the others involved in the incubator? You may just meet the contact you need for your next business endeavor.

FEELING AT HOME AT MAC-OU INC

The Mac-OU INC staff arrives to work in comfort on the first Friday of every month for "Jeans Day."
Join us in the lounge area for some laughs as we start off the month on the right foot!



CLIENT HAPPENINGS


 
INCUBATOR CLIENT COMPANIES WIN GRANTS TO ADVANCE BUSINESS GOALS
With application assistance from the Macomb-Oakland University INCubator, client companies Dynamic Intelligent Solutions (DIS) and LogiCoul Solutions, LLC, have been awarded $34,000 and $9,872, respectively, from the Business Accelerator Fund of the Michigan Small Business and Technology Development Center (MI-SBTDC).

Read Article


MANGOTREE CAPITAL (ON-SITE CLIENT)
Joining the MangoTree Capital team in February is Nick Selca, Investment Consultant. Nick graduated with a Bachelor of Science in Finance from Oakland University and worked at Merrill Lynch as a financial advisor prior to joining MangoTree Capital. Nick's specialty is consulting with individuals and businesses for their investment needs in both retirement and non-retirement assets, selecting and monitoring appropriate portfolios, and providing valuable account services such as performance reports and reviews. Nick holds licenses in Series 7 and 66. Nick Selca can be reached at (248) 519-2153.

MangoTree Capital, LLC is an investment advisory firm offering disciplined and unemotional portfolio management using quantitative methods. Acting as a client fiduciary, accounts are held at an independent broker-dealer. For more information, please visit the MangoTree Capital website.

BIANCOCPA (EXECUTIVE-IN-RESIDENCE)
Lori Bianco of BiancoCPA received one of the inaugural "Best in Business" awards by Mike Fezzy, Regional President at Huntington Bank, and Paul W. Smith, WJR Radio, in January of 2013. Lori is currently available for bookkeeping consultations, free to Mac-OU INC clients as a part of the Executive-in-Residence program. As it is tax time, she advises all to take advantage of this opportunity to polish up 2012 and get a clean start on 2013.

With offices in Sterling Heights and Novi, BiancoCPA is a business services firm that helps local enterprises and inbound international companies efficiently achieve their goals with matters of accounting, bookkeeping, payroll, taxation, enterprise consulting and software solutions. Lori Bianco, CPA, CGMA and the firm's founder, welcomes working with all stages of businesses, including startups, all of which provide her the opportunity to share entrepreneurial success stories with her clients. Please visit the BiancoCPA website.

Q&A WITH MAC-OU INC STAFF

LARRY HERRIMAN
ASSISTANT EXECUTIVE DIRECTOR
DIRECTOR OF MICHIGAN DARPA MATCHING FUNDS PROGRAM


Larry's current primary focus is the new DARPA Matching Funds Program, as he created it from scratch as the initial program director. He is spending at least half of his time building this program, intended for the entire State of Michigan. The majority of his other time is spent on the administration side of the Business Accelerator Fund program, as a reviewer of other SmartZone applications.

"I really like being part of a small business development program that allows me to watch people take an idea from the back of a napkin to a functioning business," says Larry.

Favorite Pastime: Spending time with his family. He is also a huge baseball fan.

Last Book Read: "Honestly, I haven't had time to read a book in a while, but I really enjoy keeping up on current events through different internet publications, the Oakland Press and the Macomb Daily. I read about six different publications every day."

Favorite Food: Italian


EVENT REVIEWS

ANNUAL COLLABORATION FOR ENTREPRENEURSHIP '13 (ACE)
#ACE2013 proved to be successful once again as nearly 1,000 entrepreneurs, service providers and investors gathered at Burton Manor in Livonia.

Mac-OU INC lent its contributions through Joan Carleton, Marketing and Communications Manager. As a part of the #ACE2013 team, she designed the program, assisted with the Consultant's Corridor and kept the audience up-to-date to the minute with social media updates.

The Macomb-OU INCubator would also like to congratulate client company BEET, LLC for their second place award in the New Business Idea category from the Great Lakes Entrepreneur's Quest, presented at #ACE2013.

Mac-OU INC looks forward to participating in #ACE2014, scheduled for January 30 at Burton Manor. Please visit the ACE website for more details.


BOOK REVIEW

"ZEN AND THE ART OF MOTORCYCLE MAINTENANCE"
BY ROBERT M. PIRSIG
REVIEWED BY JOAN CARLETON

While perusing for a book for this month's newsletter, I came across many "top 10" lists for entrepreneurial reads. "Zen and the Art of Motorcycle Maintenance" appeared on so many of them that my curiosity was sparked.

"Zen" tells the story of a man, presumably the author, and his son, Chris, who take a motorcycle journey from Minnesota to California. It becomes a search for a mentor named Phraedus, who, come to find out, is the narrator in his past life. The story is less about the trip itself and more about the musings of the main character as he makes his journey. Pirsig debates his Metaphysics of Quality theory, basically what makes something "good" and how it can be quantified as such.

Early on, Pirsig describes the act of reading as a central interest between the father and son. The way they approach books is to read a few sentences at a time, pondering and discussing them before moving on to the next few sentences. It is interesting to relate that to "Zen" itself, as each paragraph description may be discussing motorcycles, the countryside, or his approach on issues in relation to their traveling companions, John and Sylvia Sutherland. However, it is clear that though this is the surface material, each description can be thought of as an approach to life itself. 

Following my act of reading this book in a week would not be my recommended approach. Take your time. Savor each page. Reflect. Read this in a book club, and all members could come away with a different idea of the true story, due to the theories presented in relation to personal morals and values.

Yes, entrepreneurs should read "Zen," as they have chosen their own path, and may understand better than others the balance of Pirsig's Metaphysics of Quality. However, those from all walks of life can truly relate.




VELOCITY HAPPENINGS

GOING GLOBAL: NEED-TO-KNOW INFORMATION FOR SELLING OUTSIDE OF THE U.S.A
Sponsored by Macomb County Department of Planning & Economic Development
Friday, March 22, 8:30 - 11 a.m.
Velocity Collaboration Center
The world is full of growing economics where new customers have money to spend. Are you prepared to take your product to them? Hear from area companies that have successfully exported consumer or industrial products as well as assistance programs offered by the U.S. Department of Commerce, Commercial Services; the U.S. Small Business Administration; logistical and transportation partners; Export-Import Bank of the United States; and from the Michigan Economic Development Corporation, Automation Alley and the Michigan Small Business & Technology Development Center.
This is a free event. Please pre-register by calling (586) 469-5285 or emailing Jennifer Belch.



Macomb-OU INCubator at Velocity Collaboration Center
6633 18 Mile Road, Sterling Heights, MI 48314
Phone: (586) 884-9320 | macINC@oakland.edu




WINTER 2013

EVENTS

Capital Raise Meetup:
Mike Brennan
March 5, 9:30 - 11 a.m.

Commercialization Panel:
Technology Highway
March 14, 8:30 - 10:30 a.m.

Lunch & Launch:
"Seven Cool Business Meeting Technologies: On the Cheap"
Karl Siegert, MVP Collaborative
March 21, 12 - 1 p.m.

I-Hub Lunch Club:
Clients/Staff/BAB/EIR Networking Lunch
March 27, 12 - 1 p.m.

SBIR/STTR 101:
In Collaboration with BBC
April 9, 9 - 12 p.m.

Capital Raise Meetup:
Mike Brennan
April 9, 9:30 - 11 a.m.

Lunch & Launch:
"Security Testing and Secure Practices"
Adam Goslin, High Bit Security
April 18, 12 - 1 p.m.

I-Hub Lunch Club:
Clients/Staff/BAB/EIR
Networking Lunch
April 24, 12 - 1 p.m.
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