Local angel investors inject $287,000 to help medical device startup grow, shortly prior to receiving news of FDA clearance
FAIRWAY, Kan. – (February 20, 2017) – The Mid-America Angels investment network (MAA) announced a $287,000 investment in Voxello, an Iowa-based medical device company. The company’s primary product, called the noddleTM, is a pioneering solution that detects voluntary gestures in hospitalized patients who would otherwise be unable to communicate. Today, the company also announced the U.S. Food and Drug Administration (FDA) 510(k) clearance of the noddleTM .
Angel investor groups’ history of investment in EyeVerify and CEO Toby Rush pays off
Mid-America Angel investor network (MAA) portfolio company EyeVerify closed a nine-figure deal with Ant Financial, the payments affiliate of Alibaba Group Holding, Ltd. on Monday. This is Ant Financial’s first U.S. acquisition. Read more
Business partnerships are hard. What if you and your business partners couldn’t get along? Or, what if you and your business partners couldn’t agree on a major business decision resulting in deadlock? How do you move past such a roadblock? A company’s well written operating agreement or buy-sell agreement should address these concerns. One possible solution to these potential issues is the “shotgun clause”, also referred to as a deadlock provision or a “Texas shoot-out”. Read more
The 17th annual InvestMidwest is seeking applicants to present at the conference on March 23-24 in St. Louis. InvestMidwest continues to attract great investors to see presentations from the best high growth companies in the Midwest-companies that have presented at InvestMidwest have raised over $1 billion in funding and through acquisitions.
There are three industry tracks: life sciences, IT/general business and food/ag/bioenergy. Attached is information on the application process for your reference and to apply visit www.investmidwestforum.com. Read more
This week, entrepreneurship is king in Kansas City.
As we welcome the world to our burgeoning tech hub during Techweek, it’s tempting to think that Kansas City’s startup community is a new phenomenon. But in fact, the names of the city fathers (and mothers) — the Kauffmans, Kempers, Blochs and Helzbergs — that adorn almost every public space in town have entrepreneurial roots that run deep.
The UMKC Entrepreneur Hall of Fame, where the Enterprise Center will be holding our next Venture Lounge event, seeks to highlight this heritage. The Techweek schedule offered a tour of the facility, but if you haven’t yet had a chance to visit, here’s an accounting of the important values that entrepreneurs around the world can look to learn from Kansas City’s most successful entrepreneurs. Read more
I often get asked about the role of a board of directors by both entrepreneurs and angels. I believe good boards can significantly and positively impact the growth of an early stage company.
The responsibility for that growth falls not just on the CEO and management team but the board as well. In addition, the board ensures accountability and transparency and helps establish appropriate procedures, set milestones and assess performance among other things. Read more
Google Analytics can provide business owners with a lot of valuable information—but sometimes, it can feel like a little too much! Have you ever wondered what reports you should be looking at to get the best picture of how your business is performing? Perhaps you’re not sure how to tell if the SEO, social media, email, or digital advertising campaigns are actually succeeding. Or, maybe you are more ROI focused, and simply want to better understand revenues from marketing. Read more
Did you miss last week’s workshop on Brand Positioning with Grant Gooding? A local blogger recapped his experience and some interesting take-aways on DownHouseSoftware. Read more about what he thought was the most thought-provoking part of Grant’s presentation: Read more
Melissa Roberts – Marketing Director, Enterprise Center in Johnson County
“The Enterprise Center in Johnson County is proud to congratulate CEO George Hansen on his appointment to secretary of the Kansas Department of Commerce and urges the Kansas State Senate to undertake a speedy confirmation process.” Read more
Are you entrepreneur material? You don’t have to quit your job to find out.
Taking the leap from a more structured environment to freedom and responsibility of entrepreneurship isn’t easy. When I think back to the day that I made the decision to quit my job and start a business, one of the things I most desperately wanted was a way to test the waters.
If you’re in the same state of mind, don’t worry. Today, there are a bevy of “startup intensives” that can give you the chance to try out the startup grind for a day, a weekend or a week at a time. These events, held frequently throughout the year, can help you decide if starting up is right for you.