Momentum's second year of supporting Web-based technological start-ups adds flexibility

According to The Grand Rapids Business Journal, Momentum, a local venture firm that began last year hand-picking and supporting area Web-based technological start-ups, is fine-tuning its 12-week program, becoming more flexible and more effective in the process.

Momentum is focusing its attention this year to four fledging companies: Jai Place and Varsinet, both from Grand Rapids, e-Simulations of Holland and TerraParks of Ann Arbor. Last year, it selected three Web-based local companies.

According to excerpts from the story:

"We learned so much from working with the three companies last year — what programming works. We shook a lot of creative people out of the trees to sign up for mentor gigs and providing different resources, which has been really fantastic," said Bill Holsinger-Robinson, executive director of Momentum.

Read the complete story here.