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Changes To Strategic Fund, 21st Century Jobs Fund Sent To Full Senate

LANSING - The Michigan Senate Economic Development Committee on Wednesday unanimously reported a package of bills modifying various regulations for the Michigan Strategic Fund and removing an approaching sunset on the 21st Century Jobs Trust Fund, which the Strategic Fund Board also oversees. The bills (SB 269 , SB 270 , SB 271 , SB

By |2013-03-21T00:00:00-04:00March 21st, 2013|Archive, Events/Announcements|

Reuters Editor Indicted On Anonymous Conspiracy Charge

LOS ANGELES - When Matthew Keys allegedly handed over the passwords of his former employer to members of the hacker group Anonymous a couple of years ago, he probably didn't think it would lead to an indictment. However, the U.S. Department of Justice announced that Keys was being indicted on three counts: conspiracy to transmit

By |2013-03-18T00:00:00-04:00March 18th, 2013|Archive, Cyber Defense|

China Must Address Cybersecurity Threats To U.S., White House Says

WASHINGTON D.C. - Chinese leaders must address cybersecurity threats emanating from their country on an unprecedented scale or risk weakening the economic relationship between Beijing and the United States, White House national security adviser Tom Donilon said Monday. ?U.S. businesses are speaking out about their serious concerns about sophisticated, targeted theft of confidential business information

By |2013-03-18T00:00:00-04:00March 18th, 2013|Archive, Cyber Defense|

Former Cummins Soman New COO For EcoMotors International

ALLEN PARK ? Former Cummins Executive Amit Soman has been named the new Chief Operating Officer for EcoMotors International, replacing former COO John Coletti, who retired earlier this year. During the past fourteen years at Cummins, the largest independent diesel engine maker in the world, Amit was general manager of Asia-Pacific Operations, based in Beijing,

By |2013-03-18T00:00:00-04:00March 18th, 2013|Archive, Events/Announcements|

Macomb-Oakland INCubator Gets $500,000 From MEDC

STERLING HEIGHTS - The Michigan Economic Development Corp. has awarded a $500,000 grant to the Macomb-Oakland University INCubator for a second year in a row to help develop and enhance the incubator and its programs for small business clients. Located within the Technology Advancement SmartZone of Sterling Heights, the Macomb-OU INCubator provides comprehensive development and

By |2013-03-15T00:00:00-04:00March 15th, 2013|Archive, Entrepreneur Corner|

iRule Gets Second Round Funding From Detroit Venture Partners

DETROIT - Detroit-based Detroit Venture Partners announced a second round of funding for iRule, a platform for home entertainment automation that makes it easier for consumers to control their home theater system with a universal remote control using a mobile device. The dollar amount was not disclosed. Itai Ben-Gal and Victor Nemirovsky, two self-described die-hard

By |2013-03-15T00:00:00-04:00March 15th, 2013|Archive, Entrepreneur Corner|

Integrated Sensing Systems Get U.S. Patent Granted For Heart Sensor

YPSILANTI - Integrated Sensing Systems announced that the U.S Patent Office has granted a patent to cover its miniature, wireless, batteryless, implantable hemodynamic sensors to provide advanced chronic patient management. ISSYS? sensor and anchor are delivered either via a catheter in an outpatient procedure or as an adjunct device during an already-establish procedure such as

By |2013-03-14T00:00:00-04:00March 14th, 2013|Announcements/New Products, Archive|