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START GARDEN TO TAKE SUMMER HIATUS TO DIG DEEPER INTO PORTFOLIO COMPANIES

Posted on by Nichole Kladder, filed under Announcements

GRAND RAPIDS, Mich., June 21, 2013 -- Start Garden, the $15,000,000 seed fund that selects individual ideas each week for investments, and opportunities for further investment has operated at a feverish pace since its launch in April 2012. Today the team announced it will take a four-week hiatus from its weekly investment, monthly updates and education classes. Its full schedule will return on Thursday, August 1. In the meantime, they are devoting attention to the growth of their portfolio companies—those investments of $20,000 or greater.

During July, Start Garden will continue its Tuesday afternoon Advisor Hours, and 50 Louis will be open normal business hours. The organization will also host its new, July 11 Second Step program—a public event featuring updates and candid conversations from portfolio companies.

“This summer, we experiment with things we learned in year one,” said Rick DeVos, CEO of Start Garden. “The Second Step Series gives the public a window into what’s happening after the $20,000 investment, we’re turning over our space for members to play with and introducing startup specific classes.”

In August, Start Garden returns with a vengeance. Thursday, August 1, they restart the weekly cycle of $5,000 investments, and Update Night on the 22nd.  The August calendar is full of new events for members and classes for startups. Member Takeover Night, where a member can self-select to be an advisor and share his or her specific expertise with other members, happens Thursdays. 50 Louis is open until 9:00PM every Wednesday and Thursday for Start Garden members.

Starting July 31, there is a class every Wednesday evening. Each class will address specific startup needs, including: 
• What you need to know before you hire an employee
• Accounting for solo entrepreneurs
• Social media marketing
• Building financial projections
• Leadership development

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