MiSpringboard® is a state-wide program designed to remove some of the barriers associated with starting and growing a business by providing free legal services to new business initiatives. It is our way of helping Michigan entrepreneurs and growing companies more effectively put their bright ideas to work and to help grow our economy.
Through MiSpringboard, Varnum will invest up to $1 million in free legal services to businesses referred to us by various economic development and other organizations across the state. Varnum will also contribute to programs designed to help entrepreneurs. MiSpringboard is a five-year commitment beginning in June 2011.
Each participant in MiSpringboard will receive a minimum of $2,500 in legal services, tailored to suit their particular needs. Participants may need help with how a business is structured, counseling on financing matters, contract drafting or review, or employment law advice. As trusted advisors to innovative businesses throughout Michigan, Varnum is well suited to provide the legal assistance that businesses need at each stage of development.
How do I access MiSpringboard?
Varnum is working with a variety of referral sources across the state whose primary focus is helping businesses become successful. Access to MiSpringboard is available through these organizations, who will help identify which businesses can benefit the most from MiSpringboard. Good candidates will have a written business plan and a genuine need for legal assistance. MiSpringboard is not limited to any one industry or type of business.
Who are the referral organizations?
In our first year, Varnum has worked with 21 referral organizations, including the Michigan Economic Development Corporation and various offices of the Michigan Small Business and Technology Development Center (MISBTDC). We are also working with economic development organizations, investors and angel funds from around the state. Please contact us if you represent an organization whose portfolio businesses should be considered for MiSpringboard.