News Article

DNA Software, Inc. selected to receive support under MEDC pilot program
Date: Nov 07, 2011
Source: ( click here to go to the source)

Featured firm in this article: DNA Software Inc of Ann Arbor, MI



L
AN
S
I
N
G
--
DNA Software, Inc.
is one of
54
small and midsize companies from around Michigan
that
have been selected to receive business development support through
the Pure Michigan Business
Connect
Economic Gardening
Pilot P
rogram being offered by the Michigan Economic Development
Corporation,
John SantaLucia, President & CEO,
announced today.
"We are very pleased to be selected to take part in the Economic Gardening Pilot Program and look
forward
t
o getting support that will help us identify and pursue opportunities for growth,"
SantaLucia
said. "We have a great commitment to our community and to Michigan, and see this opportunity
as a
benefit
not only
to our company, but
to Michigan's economy as we
ll."
The program will be administered through the Cassopolis
-
based Edward Lowe Foundation and
will
include four areas of s
upport: strategy and management;
market research/competitive i
ntelligence
;
I
nternet
and social media s
trategy
; and geographical
information s
ystems
to help identify potential
customers in other states.
"The goal of this program is to help these second
-
stage companies grow and
in turn, generate new
private
investment and create new jobs for
Michigan,"
MEDC CEO and President Michael
A. Finney
said. "
The program is
part of
our toolkit for economic gardening that
'
s built on Michigan
'
s broad asset
base of strong corporate enterprises, innovative entrepreneurs and rich technology resources
."
DNA Software, Ann Arbor
--
Provide software tools to biotech, pharma and
regulatory agencies to more
effe
ctively build diagnostics.
www.dnasoftware.com
The 54 companies were selected by an independent review board from a pool of 1
08
nom
inees that were
submitted by local economic development representatives from throughout Michigan. The companies
were chosen based on the type and size of the markets they serve, their growth potential, and their
likelihood of benefitting from the service.
"Our experience shows us that second
-
stage companies exposed to economic gardening techniques grow
at faster rates than their peers," said Penny Lewandowski, director of entrepreneurship development at
the Edward Lowe Foundation. "MEDC's support of the p
ilot program is exciting news for Michigan's
second
-
stagers
--
and a clear indication of the commitment our state has made to the next generation of
Michigan success stories."
The pilot program is the latest addition to Pure Michigan Business Connect,
the $3 billion public
-
private
initiative that provides Michigan's businesses new ways to buy and sell, raise capital, and connect with
each other through an alliance of the Michigan Economic Development Corporation, state agencies and
major Michigan compan
ies and organizations.
Visit here for more information on Pure Michigan
Business Connect.
The Michigan Economic Development Corporation, a public
-
private partnership serving as the state's
marketing arm and lead agency for business, talent and jobs, focuses on
helping grow Michigan's
economy. For more on the MEDC and its initiatives, visit:
Mic
higanAdvantage.or
g