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Millionaire taps fund to back inventor dog washer startup
Boston Globe details how John F. Taplin's fund provided $50,000 to Michael D. Kennedy to move a dog washer prototype toward production. Kennedy, with a R D Associates outfit in Brookline, faced bank rejections and SBA limits before sealing a deal offering 2 to 1 return and royalties on each sale. The Taplin & Mantle Fund then backs Micropure Inc. of Natick, aiming to cleanse stack emissions by removing fine particulates.
MENTIONED IN THIS ARTICLE
Boston
Michael D. Kennedy
Small Business Administration
John F. Taplin
Taplin & Mantle
Taplin
Kennedy
Research Development Associates Corp
John F. Kennedy
Brookline
Harvard
Micropure Inc
Taplin & Mantle Fund
Natick (Mass