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Top 5 investments UM missed out on before deciding to fund its own startups

October 11, 2011 /

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Bear Paw Development Corporation is a private non-profit organization created for the purpose of administering programs to help improve regional economic conditions in Hill, Blaine, Liberty, Chouteau and Phillips Counties and the Fort Belknap and Rocky Boy's Indian Reservations.

It took several years for Ann Arbor venture capitalists and economic development officials to convince the University of Michigan to pry open its endowment and invest in its own entrepreneurial companies.

U-M announced last Wednesday that it would set aside $25 million of its $7.8 billion endowment to invest in its own spinoff companies. They’ll be eligible for up to $500,000 apiece after they’ve secured investment from an outside venture capital source. Investors applauded the move.

Nathan Bomey

Full Story: http://www.annarbor.com/business-review/top-5-investments-u-m-missed-out-on-before-deciding-to-fund-its-own-startups/?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+michigan-business+%28Michigan+Business+-+MLive.com%29

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Big Sky Commerce is an integrated provider of merchant credit card transaction processing services, check processing services, Internet payment gateways, related software application products and value-added services.

Montana Bioscience Cluster Initiative - Collaborative program design and execution and integrated programs fostering innovation, technology commercialization, entrepreneurship and sustainable small businesses

Our range includes a flat range from 10-100 yards as well as a 20 target walking course for more realistic simulation of hunting scenarios.
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