* Good ideas can come from anywhere in the org chart because everybody has access to information, an

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DETROI T A Plymouth-based developer of algae-based harley davidson factory tours technology to develop food supplements for animals won the top prize of $500,000 Thursday night at the third annual Accelerate Michigan Innovation Competition.
The win by Algal Scientific Corp. capped three days of pitches and presentations by 50 early stage companies and 23 more companies submitted by Michigan s college and university students. The pitches took place at the Book Cadillac Hotel and Orchestra Hall in downtown Detroit.
The company was represented Thursday harley davidson factory tours night by the father-and-son team of Paul Horst and Geoff Horst, who was one of the original four founders of Algal Scientific when it won the inaugural DTE Clean Energy Prize in 2009. Geoff Horst has more than 10 years of experience in advanced algal biology and is currently a Ph.D. candidate at Michigan State University.
The company originally proposed converting concentrated food and beverage industry process streams into bioproducts worth $500 to $1,000 a dry ton. Now, the company is concentrating on beta-1.3-glucan, estimated to be worth $10,000 to $100,000 a ton. Beta glucan helps boost the immune system harley davidson factory tours of animals, encouraging more rapid growth and weight harley davidson factory tours gain. Current methods of producing beta glucan harley davidson factory tours involve yeast and are both more expensive and produce a less pure product than the Algal Scientific process.
* First runner up, $100,000, nanoMAG LLC, a Livonia company that is developing and commercializing next-generation, high strength, lightweight nanomagnesium biocompatible materials with applications in orthopedic medicine. President Stephen LeBeau has 35 years of experience in the areas of manufacturing and materials processing and commercial market development of advanced materials.
* Advanced materials industry award, sponsored by Masco Corp., $25,000, InfiChem Polymers LLC, a Sterling Heights company commercializing a proprietary chemical harley davidson factory tours process for the recycling of polyurethane scrap that is now destined for landfills.
* Advanced transportation industry award, sponsored by Ford Motor Co. $25,000, Eco-Fueling LLC, a Saline company which has designed, built and road tested a retrofit harley davidson factory tours system that achieves a 15 percent fuel economy improvement for existing diesel engines.
* Alternative energy award, sponsored by DTE Energy, $25,000, Ornicept Inc., which gives wind energy developers, natural resource managers, regulators and airfield controllers up-to-date information on bird movement.
Among the student harley davidson factory tours startups, meanwhile, first prize went to Kymeira Advanced Materials, harley davidson factory tours a developer of advanced ceramics out of the University of Michigan; second prize to Lemon Peel, a developer of a noise cancellation harley davidson factory tours headband harley davidson factory tours so hospital patients can get a good night s sleep, developed by students at Hope College; and third place to SkySpecs LLC, a UM-based developer of unmanned aerial vehicles for infrastructure inspection.
Other universities participating in the startup competition included Central Michigan University, Kettering University, Lake Superior State University, Michigan State University, Northwestern Michigan College, Wayne State University and Western Michigan University.
* Innovation rests on the twin pillars of culture and team. Culture eats strategy for lunch, so you have to build a culture of innovation harley davidson factory tours experiment, take risks, fail faster, and after failure, kill the project, not the person.
* To build a great team, Jones said, bring in a balance of views hire old people, hire young people, harley davidson factory tours hire people who aren t like you, teach old dogs new tricks, teach new dogs old tricks, hire people who don t fit in. And remember that geniuses often don t fit in.
* Beware the Dopeler Effect, in which stupid ideas seem smarter when they come at you rapidly (e.g., pets.com, webvan.com).  And beware harley davidson factory tours the Bozone layer, that layer of middle management that keeps good ideas from moving upward.
* Good ideas can come from anywhere in the org chart because everybody has access to information, and Jones is convinced that the best innovation comes from the bottom of the org chart. Jones said that innovation that comes from the top down is orderly harley davidson factory tours and dumb, while innovation that bubbles up from the bottom is chaotic but smart.
Accelerate Michigan is sponsored by the University Research Corridor, the research collaboration of Michigan State University, the University of Michigan and Wayne State University, and Business Leaders for Michigan, the statewide successor CEO organization harley davidson factory tours to Detroit Renaissance.
[...] Michigan Innovation harley davidson factory tours Competition for their technology that uses algae to produce food supplements. CBS Detriot has the details, with one paragraph that illustrates the opportunity the company is looking [...]
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