Minnesota Cup is proud to be the Entrepreneurship Sponsor of the 2013 Minnesota High Tech Association (MHTA) Spring Conference on April 30 at the Minneapolis Convention Center. In alignment with its vision to fuel Minnesota's prosperity through innovation and technology, MHTA's conference will focus on innovation.
April 2013 Archives
As many veteran business owners are aware, it is critical to address early and up front various triggering events that may give rise to a "business divorce." Important items such as, knowing who your co-shareholders are, how liquidity events such as marriage divorce, disability or death will be met, keeping the business in the family and how the business will be continued or transitioned when the current active shareholders are no longer around, should be addressed and committed to in writing.
When it comes to crowdfunding, the legal community has taken a "sky is falling" view of the proposed funding mechanism for startup companies. Crowdfunding has created an enormous buzz within the startup finance community. In fact, my fellow authors on entreVIEW blog have written about it enough that it's among the top 20 most frequent tags since we launched our blog for entrepreneurs a couple of years ago. However, regulators and practitioners have not only thrown cold water on the idea, they have also begun to squawk about its approaching perils. If you're excitedly expecting that crowdfunding will fundamentally transform the way companies raise capital, the legal community is telling you to think again.
Post from David Russick, Gopher Angels
What do you want from your business? Is it to build a legacy enterprise to pass on to your family? Is it to be your own boss and earn a decent living? Or, is it to build value and cash out quickly (hopefully!)? Answering these questions early on will help you focus on a business strategy that suits your personal goals.
Entrepreneurs from across the state competing in the 2013 Minnesota Cup Energy & Clean Tech division will have access to additional benefits and awards through the new agreement between Minnesota Cup and Cleantech Open.