LANSING - The U.S. Coast Guard will, 90 days from Friday, have an official standard for treating ballast water from oceangoing vessels entering particularly freshwater areas, but those ships entering Michigan waters would still have to have a state permit to exchange ballast water, at least for now. The Coast Guard had required exchanging ballast
ANN ARBOR - The Venture Michigan Fund II has made a $15 million investment in Venture Investors Early Stage Fund V, a venture capital fund that will invest in life science, cleantech and other high-tech companies in Michigan and the Midwest. Credit Suisse?s Customized Fund Investment Group manages VMF II, which plans to invest $120
ANN ARBOR - Internet2 announced that VASCO, a software security company specializing in authentication products, joined the InCommon Affiliate program. InCommon, operated by Internet2, provides trust services for the U.S. education and research communities, including an identity management Federation Service and a Certificate Service. The 372 InCommon participants include colleges and universities, research organizations, agencies
AUBURN HILLS - Plex Systems Inc., provider of Plex Online, Cloud ERP for manufacturers, announced that it is co-sponsoring the Rochester Adams/Stoney Creek High School Robotics Team's participation in the 2012 season of the FIRST Robotics Competition. Named the AdamBots, the Adams/Stoney Creek Robotics Team competes against other high schools in the Michigan district of
ANN ARBOR - Michigan has seen several successful homegrown harvests in recent years, such as those of HealthMedia Solutions and HandyLab. Michigan Growth Capital Symposium Founder David J. Brophy, Director and Professor of Finance at the University of Michigan Ross School of Business, said the state is increasingly seeing emerging growth companies enter the second
LANSING - Two Japanese companies will expand in Southeast Michigan because of $875,000 worth of incentives approved Tuesday by the Michigan Strategic Fund. Panasonic Automotive Systems and Teijin Advanced Composites will add 60 and 25 new jobs respectively. ?These two world-class companies, Panasonic and Teijin, are recognized for their leadership and their decisions to invest
GRAND RAPIDS ? Cascade Engineering Founder and CEO Fred Keller, a former oarsman, is setting the pace for the Grand Rapids Rowing Association to host the 2012 Mid American Collegiate Rowing Association Championship Regatta in Grand Rapids on April 28 expected to produce more than $350,000 for the West Michigan economy. The Regatta?s Grand River
ANN ARBOR - Governor Rick Snyder announced the appointment of Merit Network CEO and President Donald Welch to the State 9-1-1 Committee. Welch serves as the Governor?s representative on the committee of 20 representatives from the law enforcement and public safety community, who work together to promote the successful development, implementation, and operation of 9-1-1
LANSING - Michigan has dramatically improved in the measure called Entrepreneurial Climate, rising to 15th in the nation in 2011 from 45th in 2010, according to the latest Entrepreneurship Score Card from the Small Business Foundation. ?We are especially pleased to see this improvement in Entrepreneurial Climate, because it?s a key measure of Michigan?s gains
GRAND RAPIDS ? Craig Hall, principal at Lee Shore Equities, hopes the upgrades to his 38 West Fulton St. building ? home to San Chez Caf� on the first floor ? will make way for what he?s calling the Grand Rapids Tech Hub. So far, he?s moved The Factory, a co-working space with 1,700 square