A Step Towards Innovation - Report on JPMorgan Chase

NEW YORK, September 10, 2015 /PRNewswire/ --

ACI Association has initiated research coverage on JPMorgan Chase & Co. (NYSE: JPM). Select highlights from the internally released reports are being made available to the general public (included below), with access to the entirety of the research available to new members.

Today, membership is open to readers on a complementary basis at the following URL: http://www.aciassociation.com/?c=JPM    

Highlights from our JPM Report include:

• Inaugural Awards - On July 21, 2015, JPMorgan Chase & Co. and Macomb Community college announced inauguration of initiative which will provide mentoring and capital to early-stage entrepreneurs, as well as unique learning opportunities for the college's students. The Company informed that five early-stage businesses from Macomb, Oakland and Washtenaw counties will receive a total of $275,000 in funding in the inaugural round of awards from the Innovation Fund Macomb Community College, powered by JPMorgan. Further, the Company mentioned that awards of $25,000 will be distributed to start-up businesses to assist with market introduction and awards up to $100,000 will be given to advance the progress of emerging companies toward larger-scale equity funding.

• Five Detroit-area Technology-focused Startups - Companies receiving awards of $25,000, which are designed to support early-stage companies, are:

• AQUASIGHT (Rochester Hills/Oakland County) - A real-time intelligence solution for water pumping systems that can be applied to surface and ground water systems, as well as wastewater pumping stations, to identify performance issues that, once corrected, conserve energy and water.
• GAP Quality Systems (Southfield/Oakland County) - An automated process for inspecting chrome-plated and high-gloss painted parts to replace the automotive industry's current "human" visual inspection process.
• KTISIS (Sterling Heights/Macomb County) - A composite container system to enable fleet vehicles to use either compressed natural gas or liquefied gas.

Companies receiving awards of $100,000, designed to advance the progress of emerging companies toward larger-scale funding, are:

• MyFab5 (Ann Arbor/ Washtenaw County) - An online marketing platform that streamlines social media marketing for restaurants. The software provides a single dashboard that automates or streamlines creation of custom marketing plans, analyzing audience, generating leads, creating and publishing social media posts, tracking and engaging fans, and creating analytics reports.
• TurtleCell (Ann Arbor/ Washtenaw County) - A thin-profile smartphone case with retractable headphones, designed as an all-in-one solution to tangled, broken and lost headphones.

• Management Commentary - Chauncy Lennon, Head of Workforce Initiatives, JPMorgan Chase, said, "Entrepreneurs are helping to drive Detroit's economic revival. JPMorgan Chase is proud to support these innovative businesses that will support job growth, skills development and innovation in the region for years to come."

To find out how this influences our rating on JPMorgan Chase & Co. read the full report in its entirety here: http://www.aciassociation.com/?c=JPM  

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