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20Fathoms June Update

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The latest from our community partner 20Fathoms…

 

 

 

 

 

 

The Ford Insurance Business Minute: 20Fathoms

Ryan Confer of Ford Insurance Agency recently sat down with Lauren Bigelow, Executive Director of 20Fathoms, to learn about our community of startups and the value they bring to the Northern Michigan region. In the video, they discuss the goals of 20Fathoms as we work to assist startups, our various programs, and more.

Women in Tech

Thursday, June 17, 5:00 – 6:30 pm
The Filling Station

Join Traverse City’s very own Women in Tech as they great the summer with an informal meetup. Please RSVP if you plan on attending!

Beer30

Friday, June 25, 3:30 – 5:30 pm
Raise a glass to our amazing 20Fathoms community at our newly reinstated Beer30s! We’ll be hosting it at our space, with RSVPs required. Members of the public and the 20Fathoms community are welcome!

Ready to Break Free from Your Home Office?

Join us for a tour and we’ll show you what 20Fathoms has to offer. Complete the form to get started.

HealthSpark Accelerator Demo Day

Wednesday, Jun. 30, 12:00 – 2:30 pm
Experience the ingenuity of the fearless founders revolutionizing healthcare.

The HealthSpark Accelerator supports a diverse group of founders with world-class resources that help them grow and scale. Our inaugural cohort of digital and tele-health founders are building bold businesses that will transform the world we live in. Tune in on Wednesday, June 30, to hear from companies on the frontlines of innovation in rural healthcare and get an early view of the newest digital health technologies.

Our HealthSpark Accelerator companies are focused on resolving challenges that impact patients, providers, and caregivers in rural areas, including chronic disease management, access to care, remote patient monitoring, patient follow-up and compliance, care management, mental health, and provider burnout. Demo Day is the showcase event for the 2021 HealthSpark Accelerator cohort, hosted by 20Fathoms After 11 weeks in this high-intensity acceleration program, founders from the 10 participating digital health companies will give their pitches to a panel of judges.

Investors; leaders in healthcare innovation, digital health, and rural healthcare; members and supporters of healthcare, tech, and startup communities; and community leaders; are all invited to attend.

Financial Management

Wednesday, Jun. 16, 3:00 – 4:00 pm
During this webinar we’ll guide you through the basics of financial management. You’ll learn about the importance of a bookkeeping system as we review real small business examples of Cash Flow Statements, Profit & Loss, and Balance Sheets. We’ll guide you through about 40 minutes of the most important questions to ask yourself when starting a business, pausing for audience questions and feedback along the way. We have reserved 20 minutes for a live question and answer session, in which one of our certified small business consultants will answer questions from the audience on a first come, first served basis.

NFTs – Explosive Growth and Where the Technology is Headed

Thursday, Jun. 17, 1:00 pm
NFTs – a digital asset that represents real-world objects like art, music, in-game items and videos and built on the Ethereum blockchain – are an exciting new area of technology. With $150M transacted in 2020 to $1.5B transacted in Q1 2021 alone, the velocity around this sector is explosive. Please join Orrick for a conversation with leading investors, issuers, and exchanges to discuss where the technology is headed and how NFTs can be leveraged for brand building and IP protection, additional revenue streams, and risk mitigation.

The Journey of the LBTQIA+ Entrepreneur

Thursday, Jun. 17, 1:00 pm 
Mentor Makers Live is honored to have Andres Wydler from StartOut, Juliette-Marie Somerset of Somerset Capital, and Yasir Fattah from OPEN (Out Proud Employees of Nasdaq) in an intimate fireside chat + Live Q&A. In this session, we’ll explore LGBTQIA+ entrepreneurship and mentorship, how to be an ally to LGBTQIA+ entrepreneurial community, communities of entrepreneurs within the LGBTQIA+ community facing challenges disproportionately, etc.

Small Business Set-Aside Programs: What You Need to Know

Thursday, Jun. 22, 1:00 pm
The federal government spends approximately $500 billion in private sector contracts every year. Over 20% of those contracts must be awarded to small businesses in set-aside programs. For investors considering investments in small businesses in these set-aside programs, it is important to not only understand each program’s requirements, but how each program fits into the investor’s strategic goals. Join Cy Alba and Meghan Leemon, attorneys in PilieroMazza’s Government Contracts Group, as they discuss key details of the government’s small business set-aside programs.

Product Market Fit

Wednesday, Jun. 23, 2:00 pm
Pavan Katepalli attained Product Market Fit(PMF) while an early stage C-level executive at Trilogy Education Services and was acquired for $750M. After the exit, he embarked upon studying PMF. In this session, Pavan will share how to use customer interviews to gain context and hidden insight around the problem you’re solving, choose the right customer to build your product around, prioritize your product roadmap around customer interviews and actions, and choose the right actions to measure stickiness in your product.

IER & How it Can Help Foreign-Born Founders

Thursday, Jul. 8, 1:30 pm EST
Join NVCA and the U.S. Department of Homeland Security to learn more about how the International Entrepreneurial Rule (IER) can enrich the VC ecosystem by creating additional avenues for foreign-born entrepreneurs to build companies in the U.S.

Enhanced Model Term Sheet v2.0

Thursday, Jul. 15, 1:00 pm EST
Join NVCA and Aumni to learn more about the Enhanced Model Term Sheet v2.0, which will democratize access to key insights and help venture investors as they partner with entrepreneurs to build new companies. With significant growth in global VC investment, access to actionable analytics has never been more critical for the private market.

Angel Investing

NMA Hosts CEO Network in Traverse City, MI

On Friday the Northern Michigan Angels had the pleasure of hosting the CEO Network group of Lansing, MI. The attendees enjoyed a trip to Chateau Chantal Winery, dinner at the Boathouse restaurant and then an informative morning at NMA’s portfolio company Atlas Space with Mike Carey and Sean McDaniel.

20fathoms space
20Fathoms Coworking and Incubator Space, Traverse City, MI

The group then proceeding up to 20Fathoms for a tour of the incubator and coworking space by Keri Amlotte and Maria Purvis and then wrapped up with a presentation on NMA Accredited Investor Membership facilitated by Bradley Matson, the Administrative Director of Northern Michigan Angels. Several members of NMA joined, including Dennis Arouca, Dave Summers, and John Zaloudek.