LANSING - The Michigan Economic Development Corporation would operate a new $3 million venture capital matching fund for the state's technology companies under a proposal outlined Wednesday to the Michigan Strategic Fund Board. Mike Psarouthakis, vice president of business acceleration for the MEDC, said initial proposed funding would total $3 million, but the hope is
LANSING - Work to establish Port Lansing into a cargo and logistics focused Aerotropolis moved forward Wednesday with the Michigan Strategic Fund designating the city of Lansing, DeWitt Charter Township and the Capital Regional Airport Authority as the state?s second Next Michigan Development Corporation. As a Next Michigan Development Corporation, Port Lansing will be able
LANSING ? A dozen Michigan business incubators will split $6 million in grants from the Michigan Strategic Fund to help launch and grow start-up companies throughout the state. The biggest winners were Wayne State?s TechTown - $875,000 ? Michigan Technological University - $750,000 ? and Oakland County?s Automation Alley - $625,000. Other recipients in order
LANSING - Governor Rick Snyder signed into law Wednesday legislation setting up a new structure for the state's film incentive program. Snyder's signature on SB 569 (PA 291) means the state will provide incentives for film, television and video game projects made in the state of between 25 percent and 32 percent for costs of
LANSING - Michigan lost more people in 2011, according to estimates released Wednesday by the U.S. Census Bureau, but the decline was relatively small and did not affect the state's status in terms of the percentage of population it holds in the United States. Unlike the decennial census issued a year ago, Michigan was not
LANSING - Governor Rick Snyder signed into law Monday two of the most significant legislative packages of his administration to date when he approved bills addressing the state's debt to the federal government for unemployment aid, restructuring what jobs those receiving assistance would have to accept and overhauling the workers' compensation system. Overall, Snyder said
GRAND RAPIDS ? MITechNews.Com is pleased to announce a joint agreement with MIBiz, starting in January 2012, to cover the technology beat for the West Michigan publishing group both in print and online. MIBiz, purchased recently by REVUE Holding Company, Inc., publishes a twice-monthly business newspaper in Grand Rapids, Battle Creek, Kalamazoo and along the
ANN ARBOR - Merit Network has deployed ADVA Optical Networking equipment at 16 nodes on the Merit backbone. The equipment, which consists of routers, switches and optical transport gear, will improve service to several community anchor institutions that are current Merit Members. The equipment will also interconnect with Merit's REACH-3MC network build-out, enabling the fast
SALINE - Pearl Crescent has launched an App that challenges users to build Christmas-related models using LEGO-compatible bricks. After you complete a model, the App allows users to use the camera on their iPhone, iPad2 or iPod Touch to check if the models are built correctly. Features: 16 interesting Christmas designs. Build using your own
GRAND RAPIDS - Startup Weekend is coming to Grand Rapids on Jan 13 to the Factory, where entrepreneurs and would-be entrepreneurs can develop business plans in just 54 hours. Startup Weekend recruits a highly motivated group of developers, business managers, startup enthusiasts, marketing gurus, graphic artists to build communities, companies and projects. It is known