costart picBy Nic Custer

Mark Baldwin’s filter that turns rain into drinking water, Stephan McBride’s safe space for gamers to congregate, Porcha Clemons’ Christian dance studio, and Glennis Holcomb’s urban farm business producing pickles and kilts are just some of the interesting and exciting business ideas that participants hope will win them start-up funding at a Grand Rapids pitch competition Nov. 30.

At the final session of Co.Starters, a 9-week business boot camp at UM-Flint’s Innovation Incubator, the cohort of entrepreneurs practiced pitching their big ideas and shared feedback.

Eleven participants gave brief pitches about their new or pre-existing businesses. Several entrepreneurs already sell products out of the Flint Farmers’ Market including Alyson Caverson’s Happy Girl Granola, Franklin Pleasant’s The Local Grocer and Cindy Eckert’s Whimsicality, which sells old fashioned toys. Others are looking to launch or expand their community businesses in the next year including Qareena Clemons’ massage therapy business, Isaih Dawson’s Dawson’s Kitchen and Catering, and Francine Houston’s Writers Inc., a publishing business.

steffan picThe program was brought to campus through a partnership with Grand Valley State University’s Sprout Lab, which subsidized some of the costs of the Flint boot camp to make it affordable for local entrepreneurs. The Innovation Incubator was an ideal location because of its convenient free public co-working space downtown and free parking adjacent to the building.

Co.Starters participants across the state are automatically eligible for a pitch competition in Grand Rapids on November 30. One of the Flint pitches will receive a special AKT Peerless sponsored prize of $1,000 and could potentially win the competition’s grand prize of $5,000.

AKT Peerless, an environmental remediation and economic development firm, also sponsored the program and provided Garrett Geer, vice president of business development and government relations, to teach the course in Flint.

porsha picParticipants enjoyed Geer’s teaching style and appreciated the cohort model, in which participants share feedback and together gain a more complete understanding of the concepts. By the end of the program, the more than 20 students and community members who participated were more confident in themselves and the direction of their ventures.

The Innovation Incubator will hold a free pitch clinic in January to prepare entrepreneurs for two other local competitions in early 2016. For more information, visit the Innovation Incubator webpage.

The Holiday Inn Gateway was the setting December 1 for Boost Mid-Michigan, a regional conference of business entrepreneurs. The consortium connects university- and business community-based ventures with support resources and capital, and is funded by the C.S. Mott Foundation. In these gatherings throughout Mid-Michigan, local entrepreneurs are prepared to successfully present their ventures to investor audiences. Consultants, coaches and entrepreneurial support professionals help participants prepare a three-minute investor pitch, and a few will be selected to present  to private investors from BlueWater Angels and Great Lakes Angels in January.

Investors listened to 20 presentations, including those by Flint-based student entrepreneurs Suyash Joshi of www.pricechecklist.com, Jose Aliaga of Aliaga Development, and Casey Schaaf of Ecodev Engineering. These entrepreneurs also participated in Moving On Up, a business concept competition hosted by Launch at the University of Michigan-Flint. Student entrepreneurs used short videos to present their ideas to investors. The competition was funded by the C. S. Mott Foundation, the Michigan Initiative for Innovation and Entrepreneurship and the Michigan University Commercialization Initiative.

The winners of the Moving On Up Video Pitch competition:

Overall Winner: $2,000

EcoDev Engineering, Casey Schaaf – Moving On Up Grand Champion

 

Campus Winners: $250

Easy Saver Card, The CEO Club – Lawrence Tech Campus Champion

PC Power, Tyler Farrar & Mike Ellenbaas – Kettering Campus Champion

Epic Technology Solutions, Paul Knific & Eric Knific – UM-Flint Campus Champion

Student Business Concept, Ryan Robinson – Baker College Campus Champion

Capto Video, Jon Chema – Mott Community College Campus Champion

 

Category Winners: $100

FCC Program, GASC Entrepreneur Class – K-12 Class Social Entrepreneurship Champion

BMP Landscaping, Matt Patterson – K-12 Student Business Champion

FlintCollegeConnection.com, GASC III – K-12 Class Business Concept Champion

LivLuxMag, Corey Stokes & Donyale Walton – Creative Economy Business Champion

Special Needs Day Care Concept, Renee Barnes – Service Economy Business Champion

The Stand-Up Economist, UM-Flint Economics Club – Collegiate Club Champion

Aliaga Development, Jose Aliaga – International Business Concept Champion

Youth of Tomorrow, Marc Alexander – Social Entrepreneurship Champion

Change Your World, Angela Simone – On-Line Social Entrepreneurship Champion

UM-Flint Women’s Flat Track Roller Derby – Special Judges Award

Both Boost Mid-Michigan and Moving On Up were designed to nurture an entrepreneurial culture in mid-Michigan.  Launch received dozens of videos from aspiring entrepreneurs with some very good ideas. The angel investors who viewed these videos and heard other business pitches are serious about helping these creative people thrive here in mid-Michigan.