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2007-2008 Entrepreneurship Score Card Offers Insights for Entrepreneurial Growth in Michigan
Frequently Asked QuestionsBy Mark H. Clevey, executive director of the Small Business Foundation of Michigan
(Note: A PDF version of this year’s Score Card can be downloaded at http://www.sbam.org/download.php?id=904&file=1. Printed copies are available by calling the Small Business Association of Michigan at (800) 362-5461 or emailing sbam@sbam.org) This Score Card marks the fourth consecutive year that the Small Business Foundation of Michigan (SBFM) has provided sound and objective methodology and outcome measurements to highlight trends, correlations, relationships and opportunities as a guide to how the Michigan entrepreneurial economy stacks up relative to other states. Each year we have made improvements based on input received. Each year we have added new data, found more examples of efforts that foster entrepreneurship around the state, and found new audiences interested in the prospects of entrepreneurial growth. Most importantly, each year the core logic behind the Score Card and related SBFM messages becomes more relevant across the state – that the small business and entrepreneurial economy offers Michigan one of the best chances for economic turnaround. The Small Business Foundation of Michigan The Small Business Foundation of Michigan (SBFM) was formed in 1999 and is operated in connection with the Small Business Association of Michigan (SBAM). SBFM’s mission is to foster an Entrepreneurial Economy in Michigan. SBFM is an operating foundation that raises funds from grants, fees and donations and expends funds on Foundation directed projects aimed at stimulating robust entrepreneur change, vibrancy and culture.
Michigan Entrepreneurship Education Network (MEEN) -- A program of the Small Business Foundation of Michigan The Michigan Entrepreneurship Education Network (MEEN) was launched in 2002 to develop and enhance entrepreneurship education in Michigan. Funded by the Michigan Economic Development Corporation (MEDC), MEEN was a key component of MEDC’s strategic plan that emphasized the critical role of universities in Michigan’s future economic development efforts. Subsequent funding for MEEN has been provided by The Herbert H. and Grace A. Dow Foundation. MEEN is a program of the Small Business Foundation of Michigan (SBFM).
2007 Small Business Foundation of Michigan’s (SBFM) Entrepreneurial Score Card The 2007 Small Business Foundation of Michigan’s (SBFM) Entrepreneurial Score Card (http://www.sbam.org/download.php?id=588&file=1) finds that Michigan last year lost ground in developing new, high growth job-creating entrepreneurial small businesses. The Score Card gives Michigan a 2006 grade of “D-minus” for entrepreneurial dynamism, down from the 2005 “D” grade and edging closer to the failing “F” grade that Michigan received for 2004.
Moving Towards an Entrepreneurial Economy in Michigan The SBAM Entrepreneurial Development Center (EDC) works with entrepreneurs, public policy makers and stakeholders to remove barriers and foster a dynamic entrepreneurial economy. Our staff consults directly with entrepreneurs seeking to procure R&D grant funding for high-tech products. We also pursue sponsored funding (grants) to operate programs on behalf of entrepreneurs. Finally, we also work to improve the operation of key organizations that are important entrepreneurial dynamism.
Michigan Entrepreneurial Accelerator Partnership Program SBAM recently announced its support of a new endeavor by Ari-El Enterprises in southeast Michigan. Ari-El supports entrepreneurial companies through their Michigan Entrepreneurial Accelerator Partnership (MEAP).
How do I choose an SBIR/STTR/NIST-ATP Consultant to help my company secure multi-millions in federal research grants to research, development and commercialize breakthrough technology innovations, products and processes?
Are Business Support Service Providers different for lifestyle and entrepreneurial small businesses? How does Michigan stack up on Entrepreneurship? View All Frequently Asked Questions Articles
Confessions of an Entrepreneur -- Making the Entrepreneurial Leap: Nothing Quite Compares
Some entrepreneurial embers may have been burning inside me since childhood, but i had no business-owning inclination until an employer inadvertently lit a spark.
Michigan Higher Education Commercialization & Entrepreneurship Programs Report Issued The Michigan Entrepreneurship Education Network (MEEN) has issued a new report that profiles Michigan’s higher education institutions - including all four-year public and several private institutions - and their partners on five categories of commercialization and entrepreneurship initiatives: Technology Transfer, Incubators, University-Industry Commercialization Programs, Entrepreneurship Education related to Economic Development and Economic Development/Outreach.
Small Businesses Honored at Michigan Celebrates Small Business Event Michigan’s outstanding, award-winning small businesses were honored April 24 at the Lansing Center as the state’s major business organizations and agencies collaborated for the fourth annual “Michigan Celebrates Small Business” event. The cooperative effort – which named the Michigan 50 Companies to Watch, Innovation of the Year and many other awards – was hosted by SBAM, the Edward Lowe Foundation, Michigan Economic Development Corporation, Michigan Small Business & Technology Development Center and the U.S. Small Business Administration/Michigan.
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SBAM Launches New Project to Help Small Entrepreneurs Get Affordable Market Research That Helps Grow Their Businesses
Entrepreneur Extraordinaire Recognition Given to Jayson D. Pankin, New Venture Creation Specialist, Delphi Corporation Self-Employed Women Differ From Their Wage And Salary Earning Counterparts View All News |
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