Entrepreneurship

Coverage of those starting up businesses and community resources to help them thrive.

Houston VC firm opens in Ann Arbor

Somebody smells money. If there's one thing Texans don't fool around about it's football, oil and, of course, making money. To wit, Houston-based venture capital firm Mercury Fund has set up shop in The Deuce. Excerpt: "He said there is a depth of engineering, computer science and machine-learning talent in the area, bolstered by graduates of the University of Michigan. One of Mercury's main areas of investment is biotech, and there are numerous contract research organizations in Ann Arbor that were founded by former Pfizer Inc. employees after it closed its local operations in 2008." Read the rest here.

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The Dixson Agency is a new player in Ann Arbor insurance scene

After a decade working in insurance repair, Mark Dixson says he understands a side of the insurance business many agents haven't experienced firsthand: clients who are not properly covered. Now that he's an agent himself, and opening his first Ann Arbor office, he says that is a quality that sets him apart.  "I've dealt with so many clients in the past who were under-insured. I wanted to think about those clients and bring the the kind of policy they need," says Dixson, whose The Dixson Agency is slated to open by the end of December. "When a client is paying a premium, they want to make sure all of their property is covered." Often, he says, people don't realize until after a flood or sewage break that they didn't have the coverage they thought they had. That is something he hopes to address when opening his office, which is tentatively planned for a 500 square foot space in South State Street Commons.  "We're here to stay in the Ann Arbor area, and we're bringing some value for clients," Dixson say "We're just happy to be in Ann Arbor." The Dixson Agency has been operating for about a year from a location in Canton. Dixson plans to hire two staff members to help operate his new Ann Arbor office.  Source: Mark Dixson, The Dixson Agency Writer: Natalie Burg

The Bridge breaks down Ann Arbor’s economy

Did you know we rank third among Michigan's economic regions but 241st among the nations top 382 metro areas? Check out The Bridge's thumbnail analysis of Ann Arbor's economy and enlighten yourself! Read it here.

Ann Arbor “Hackomotive” winner sell stake in mobile app

Ann Arborite Steve Schwartz is one third of a trio of entrepreneurs (one in Lansing, one in Seattle) who developed an app called Carcode, that connects customers and auto dealerships via text message. Success took less than a year. Excerpt: "Berkowitz would not disclose financial terms of the deal. But Gorton and his team said the transaction was “life-changing.” The group also declined to accept investment offers while launching Carcode, which allowed each of them to keep a larger ownership share." Read the rest here.

New State St. Area men’s barber spa aims for December opening

If men in Ann Arbor's State Street Area start looking a little more dapper in 2015, there's a reason why. Toronto-based men's barber spa Taylor & Colt is bringing its grooming services south of the border, and Ann Arbor will host its first U.S. location.  "We’re beginning to see men have an appreciation for the precise grooming techniques of their fathers and grandfathers," says Taylor & Colt's Birdie White. "We also want men to enjoy taking a bit of time for themselves in a space exclusively designed for them, rather than in a salon designed for women." White says Ann Arbor was chosen as the first U.S. Taylor & Colt for its unique, bustling downtown vibe. The shop's buildout is now underway in their 1,100 space on E. Liberty. "The physical space will be completely renovated, right down to the studs. Ann Arbor will be our flagship location, so we didn’t hold back," says White.  From here, Taylor & Colt plans to open a shop in Rochester Hills next year, followed by Birmingham, Grand Rapids, Lansing and then on to other states.  White hopes to finish renovations by mid-December and open in time for the holiday rush. They are currently hiring 7 to 8 barbers, as well as support staff and managers.  Source: Birdie White, Taylor & Colt Writer: Natalie Burg

Neighborhood oriented Bake Me Crazy brings cookies and pizza to E. Madison

If there's such thing as the perfect resumé for a pizza and cookie bakery entrepreneur, Harold Solomon has it. He began his career working for a French bakery before spending a decade in research and development for Dominos, working for and being a franchisee for Cottage Inn and then bringing the Insomnia Cookie truck to town. Now, he's shed those big business names and has opened his very own twist on all of it: Bake Me Crazy on E. Madison.  "I liked the Insomnia Cookie concept, but I'm a pizza guy," Solomon says. "We're, in effect, complicating their business model with other items we think people would like delivered."  Though the menu is still under development, that will include pastries, shakes, lunches, breakfast sandwiches, and, of course, pizza. Both with his full pizzas and the pizza by the slice he sells now, he plans to follow through on the "crazy" part of his company name with such pies as pot roast pizza, spaghetti and meatball pizza, Asian fusion pizza and more.  Solomon's experience in the food industry has taught him the importance of a good, long slow opening, during which he can perfect his menu and get everything up to snuff. He's been quietly serving to residents and workers in his neighborhood for a couple of months now, but is looking forward to a big roll out soon.  "We're almost there now, at the final menu stage" he says. "I'm thinking a couple of weeks."  Bake Me Crazy currently employs a staff of four in the 900 square foot location near the corner of Main and Madison. As his delivery services and grand opening gets underway, Solomon estimates he'll employ between 10 and 20 workers.  Source: Harold Solomon, Bake Me Crazy Writer: Natalie Burg

B Young B Fit expands into 4,200 sq. ft location

Ann Arbor native and personal trainer Brian Young's B Young B Fit began in a 900-square foot location in 2006 and has been beefing up ever since. In 2010, the member-focused gym grew into a 3,500 square foot location in Glencoe Crossings, and then continued its growth this year by moving to a 4,200 square foot space on Washtenaw Ave.  "This new studio is designed with field turf, state of the art equipment, a private yoga studio and all the necessary tools for us to train everyone from the elite athlete to the beginner fitness enthusiast. A former Snap Fitness, the space was ideally suited to BYBF's needs. It also includes outdoor studio space for boot camp classes and other training classes. The BYBF concept is intended focus on personalized fitness and individual progress. In addition to serving individual members, BYBF also works with local businesses on their corporate wellness programs, an initiative Young plans to expand upon in his new space.  "We also are growing our Sports Performance programs to work with local high schools for boys and girls in sports," he says. "This is a big passion of mine working directly with athletes as I was once in their shoes." Source: Brian Young, B Young B Fit Writer: Natalie Burg

Groovy Hopster Farm to feed craft brew industry with local, organic hops

Just when it seemed Michigan entrepreneurs had found every way to be involved in the regional craft brew movement, Louis Breskman found another: hops farming. The University of Michigan MBA already runs real estate and manufacturing businesses and was looking for a way to expand into agriculture that would be unique to Michigan. The answer was Groovy Hopster Farm. "Michigan has one of the most exciting craft brew industries in the nation, and I wanted to find a way to enter this growing market segment in a way that I could support the industry and not just be another competitor," Breskman says. "Ann Arbor itself has a successful micro brewing scene and it made sense for there to be a local source of hops so that the Ann Arbor breweries could produce a product that was truly unique to the area."   Breskman found that small local brewers have a need for new sources of hops, something his boutique hop farm, slated to produce its first harvest in the summer of 2015, could provide. He plans to grow varieties that are in demand in the local market, and remain flexible to continue to meet local brewers' needs.  "Our long term plans are to establish ourselves as an integral part of the supply chain to the local brewing industry," he says. "As a local farm we plan to be able to deliver hops to our local customers with a minimal carbon footprint." Groovy Hopster Farm will soon launch a Indigogo campaign to help with the business' startup costs. Breskman plans to hire two full-time employees to manage the farm and additional employees during their harvest. Source: Louis Breskman, Groovy Hopster Farm Writer: Natalie Burg

New Milan pharmacy extends a more personal touch

After opening the Saline Pharmacy three years ago, Ziad Ghamraoui started hearing that his brand of customer-focused pharmacy services were in demand elsewhere as well.  "A lot of doctors and patients were very happy with us, and a lot of Milan residents told us if we moved closer to Milan they'd give us more business," Ghamraoui says, "because we help bridge the gap in healthcare." Ghamraoui met that demand, opening Little Pharmacy in Milan about two weeks ago. Like the Saline Pharmacy, he plans to serve customers in a variety of ways, including carrying over-the-counter medications as cheaply as possible, helping those who struggle to meet their copays, allowing people to pay with store accounts when their cash flow is short and more.  "Brand names can be expensive," Ghamraoui he says. "We get them coupons so we can save them on their copays. We want to make sure people get their prescriptions and make sure they're on the road to health with no restrictions whatsoever." Little Pharmacy currently occupies about 1,600 square feet of a 2,500 square foot space on Dexter Rd. in Milan. Ghamraoui has hired two employees to manage the new business.  Source: Ziad Ghamraoui, Little Pharmacy Writer: Natalie Burg

Original Moxie expands haircare business into Ypsi storefront

It all started because Ypsilanti resident and landscape architect Rachel Blistein wasn't satisfied with the hair product options she found in stores. She wanted something natural, but also needed the quality and complexity of the products sold in salons. So she started experimenting with making her own. "I was doing a no-foam shampoo, and after about a year I was connected with a stylist who was willing to try out my products on her clients," Blistein says. "Then, by word of mouth, I got into Plum Market in Ann Arbor."  Now, that experiment has grown to a full-scale haircare manufacturing and retail business, Original Moxie. And because it just won't stop growing, Blistein is now moving the business from her home into a downtown Ypsilanti storefront.  "We found places way out in no man's land, but they had no connections to pedestrian traffic," she says. "I had my eyes on this space, and I didn't even know they had manufacturing space in the back. Then it came up for lease, and everything just sort of came together unexpectedly." Blistein aims to open the 1,800 square foot retail and manufacturing space by Black Friday. In addition to growing into the new space, Original Moxie has grown in staff as well. First run entirely by Blistein alone when it all started five years ago, she now works with two employees, two freelancers, and, should the retail end of the new storefront demand it, she'll add another employee as well.  With her proximity to the Ypsilanti Coop and her own business's commitment to sustainability, she hopes to partner on events and initiatives in the future.  Source: Rachel Blistein, Original Moxie Writer: Natalie Burg

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