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Preview of Select Presenting Companies Announced for Midwest's Premier Equity Event; Keynote Speaker Unveiled
Anticipation for this year's Michigan Growth Capital Symposium (MGCS) is building as a select group of presenting companies was announced today, previewing the "Best of the Midwest" in the areas of Life Science, Technology, Energy and Services. In addition, MGCS organizers also announced that Kenneth R. Pelowski, founder and managing partner of Pinnacle Ventures, will headline the two-day seminar delivering a presentation that touches on regional, national and global investment and entrepreneurial trends.
MGCS is the premier networking event for venture capital investment leaders to connect with emerging growth companies that are actively searching for funding and partners. The annual Midwest equity event will be held May 14-15, 2008 at the Marriott Resort in Ypsilanti, Mich.
During MGCS, companies from Michigan, Indiana, Ohio, Illinois and Wisconsin will comprise the thirty "Best of the Midwest" emerging and growth business ventures slated to present over two days. One of the longest running programs of its kind, this year's MGCS is expected to bring together 450 attendees including investors from across the country, executives of early stage and emerging growth companies and related stakeholders.
"Auto industry research, together with university tech transfer and Michigan's growing entrepreneurial community, creates an optimum combination for alternative energy development," says MGCS Founder and Director David J. Brophy, Professor of Finance at the University of Michigan Ross School of Business. "Growing interest in this sector, as well as life science, technology and services, will be reflected at MGCS."
From the life science arena, biotechnology is booming in the Midwest. "On a percentage basis, more money is going into healthcare now than at any time in the U.S. venture capital business," stated Tim Petersen, managing director of Ann Arbor, Michigan's Arboretum Ventures - an investor of medical devices and health care services. "There is a lot of potential for healthcare in the region, and the trends in Michigan and the Midwest are similar, if not even stronger than the national trends."
Below is a partial list of presenting companies at MGCS 2008. The complete list will be announced on the opening day of the conference.
-- AnalizDx, LLC, a Cleveland-based cancer diagnostics company. -- FlexSys, Inc., an Ann Arbor-based company focused on bringing to market a superior blade for the wind turbine market. -- Meditrina Pharmaceuticals, an Ann Arbor-based pharmaceutical company focused on novel therapies that treat women's reproductive system disorders. -- MIST Innovations, Inc., a Detroit-based company focused on homeland security. -- XG Sciences, Inc., an East Lansing-based company focused on a new type of nanoparticle made of graphite which holds significant promise in the battery, fuel cell, printable electronics and bio sensor arenas.
About Michigan Growth Capital Symposium
MGCS is the original university-based venture fair, which was first held in 1979. This nationally attended two-day event provides an opportunity for financiers to connect with up-and-coming Midwest businesses and learn about emerging technologies. The Symposium offers the opportunity to build relationships with an unparalleled business network of distinguished private equity industry leaders, leading university research faculty, and entrepreneurial business professionals. Entering its 27th year, MGCS continues to draw top investors from coast to coast. MGCS is hosted by the Stephen M. Ross School of Business at the University of Michigan and its Center for Venture Capital and Private Equity Finance of the Samuel Zell & Robert H. Lurie Institute for Entrepreneurial Studies.
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