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News and Information Article
ANN ARBOR, Mich., March 23 // -- The Great Lakes Entrepreneurs
Quest (GLEQ) will host an "Entrepreneurs Roundtable on Business
Commercialization" on Tuesday, March 28 from 6 - 8 p.m. at the NextEnergy
Center at TechTown in Detroit as a part of its statewide program for
entrepreneurs. NextEnergy will co-sponsor the event as the first in several
collaboration projects planned in the growing partnership between the
organizations.
Rich Sheridan, President and CEO of Menlo Innovations, will facilitate the
roundtable discussion covering issues confronting new and start-up companies.
The dramatic success of Menlo captured the attention of Forbes magazine, where
Rich appeared on the cover in May, 2003. He was named one of the top 100
emerging business leaders of the Metro-Detroit region by the Detroiter
magazine. Rich was also recently named as one of the PMI Power 50, the
nations 50 most prolific leaders in project management as selected by the
Project Management Institute. He has been a finalist in the Ernst & Young
Entrepreneur of the Year program in 2004 and 2005. Rich, along with his
business partners, formed Menlo Innovations around the passions of building
great software and great software teams. He has sponsored dramatic changes to
existing teams using techniques from many sources, including The Fifth
Discipline, Alan Cooper and Extreme Programming.
The roundtable discussion will focus on the business commercialization
process from prototype through beta testing to market adoption. Rich will
relate his start-up commercialization experiences and facilitate feedback,
insights and recommendations of specific issues related by participating
entrepreneurs from the group.
WHO SHOULD ATTEND:
This roundtable discussion will prove invaluable not only to current
entrepreneurs and startup teams, but also to individuals in established
companies or research institutions who focus on developing new internal or
spin-out ventures. Any of the following individuals can achieve significant
benefit from this seminar:
- Entrepreneurs
- Aspiring entrepreneurs
- Startup and small company executives
- Service providers
- Established company new-business-development executives
- University researchers or tech-transfer officials
Event Details:
"Entrepreneurs Roundtable on Business Commercialization"
Date: March 28, 2006
Time: 6:00 p.m. - 8:00 p.m.
Location: NextEnergy Center at TechTown
461 Burroughs, Detroit, MI 48202
Phone: (313) 833-0100 Fax: (313) 833-0101
Admission: Free with pre-registration (required) on http://www.gleq.org
* Registrants are requested to e-mail (contact@gleq.org ) their specific
questions or business commercialization challenges by March 27th to have them
included in the roundtable discussion.
Details and directions to the above mentioned sites are located online at
http://www.gleq.org . All sessions are free and open to the public, regardless
of intention to compete in the GLEQ business plan competition.
To register for training classes, learn more about the competitions
eligibility requirements or register for the current Business Plan Competition
Cycle -- please visit http://www.gleq.org .
About our Facilitator:
Rich Sheridan
CEO & President
Menlo Innovations
As President and CEO of Menlo Innovations, Rich Sheridan, along with his
business partners, formed a company around the passions of building great
software and great software teams. He has sponsored dramatic changes to
existing teams using techniques from many sources, including The Fifth
Discipline, Alan Cooper and Extreme Programming. He has focused on improving
the culture, productivity and results of teams with which he works. His
experiences as the Vice President of R&D at Interface Systems were captured in
the book "Creativity at Work" by Jeff DeGraff and Katherine Lawrence of the
University of Michigan Business School. It came at a time when Interface
Systems was named the #1 public company in Michigan. Rich is a graduate of the
University of Michigan where he received a BS in the Computer Science Honors
Program and a Masters Degree in Computer Engineering.
Rich has focused his attention and energy on the power of open and
collaborative work spaces as originally practiced by Thomas Edison. Edisons
lab in Menlo Park, New Jersey was the inspiration for the company name. The
dramatic success of Menlo, during one of the hardest times for the information
technology industry, captured the attention of Forbes magazine, where Rich
appeared on the cover in May, 2003. He was named one of the top 100 emerging
business leaders of the Metro-Detroit region by the Detroiter magazine. Rich
was also recently named as one of the PMI Power 50, the nations 50 most
prolific leaders in project management as selected by the Project Management
Institute. He has been a finalist in the Ernst & Young Entrepreneur of the
Year program in 2004 and 2005.
Menlo Innovations was recently honored an one of ten Elite Winners in
Metropolitan Detroits 101 Best and Brightest Companies to Work For by
excelling in human resources practices and setting a standard of excellence.
An excellent speaker and presenter, Rich readily shares his knowledge and
successes from real-world experience. He is also a Guest Lecturer at the U of
M Business School.
About the Great Lakes Entrepreneurs Quest (GLEQ)
The GLEQ is a nonprofit 501(c)(3) educational program designed to
accelerate the formation of high-growth companies across Michigan. Anyone who
lives, works or attends school in Michigan can participate in the competitions
and educational programs at no cost.
The GLEQ sponsors a statewide business plan competition with a deadline
for registration on April 15th and business plan submission on May 15th, 2006.
The Quest is structured into two distinct maturity "paths": companies with
more developed businesses compete in the Emerging Company (EC) path while
teams with new or less developed business ideas compete in the New Business
Ideas (NBI) path.
The EC teams must complete and submit an 8 to 12 page business plan, while
the NBI teams must develop and submit a five-page executive summary describing
their business or business idea. The GLEQ provides the assistance of coaches
and educational programs to help all entrepreneurs with their business plans.
Cash and in-kind awards are provided to the EC and NBI winners.
The GLEQ is currently sponsored by the Ann and Carmen Adams Fund of the
Community Foundation for Southeastern Michigan, Wayne State University, Apjohn
Group, Southwest Michigan First, Ann Arbor SPARK and Lambert, Edwards &
Associates. Additional cash sponsors include MPI Research and The Right Place.
Founded in 2000, the GLEQ has provided over $800,000 in contributed
services from volunteer coaches, educators, judges and in-kind sponsors. It
has provided over $700,000 in cash to promising technology companies through
its statewide program which is aimed at encouraging and educating
entrepreneurs on the creation, start-up, and commercialization of high-growth
businesses within the state of Michigan.
Professional service sponsors donating consulting time to the most
promising GLEQ companies include: Raymond, Prokop, P.C.; Barnes & Thornburg
LLP; Warner, Norcross & Judd; Plante-Moran; Lambert, Edwards & Associates;
Eiler Communications; and Net Portfolio.
Additional information is available at http://www.gleq.org or by calling
Art DeMonte GLEQ Executive Director, at 734.913.0090.
About NextEnergy:
NextEnergy is a non-profit corporation founded to enable the
commercialization of energy technologies that positively contribute to
economic competitiveness, energy security and the environment. NextEnergy can
be relied upon for objective, technically balanced thought leadership on
pressing energy issues and opportunities facing Michigan and the nation,
filling critical knowledge gaps between industry and institutions. NextEnergy
stands ready to assist Michigans government and economic development leaders
in attracting, nurturing and retaining alternative energy businesses and
employment opportunities. The NextEnergy Center is Michigan headquarters of
NextEnergy with 45,000 sq. ft. business convergence facility located in
TechTown (Detroits Entrepreneurial High-Tech Village)
* 18,400 sq. ft. accelerator laboratory
* State-of-the-art training rooms
* 80-seat auditorium
* Demonstration/exhibition space
Flexible lab/education format accommodates diverse needs for research,
development, engineering and prototyping
Services provided include:
* Business attraction and acceleration
* Collaborative research, development and technology validation support
* Technical consulting and program management
* Education programs
* Energy policy support
Additional information is available at http://www.nextenergy.org or by
contacting James Saber, Director of Business Development at
saberj@nextenergy.org or Phone: (313) 833-0100
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