WASHINGTON ? In just three years' time, the U.S. Small Business Administration's Patriot Express Pilot Loan Initiative has supported nearly $500 million in Patriot Express loans to small businesses owned and operated by veterans, reservists and their spouses. Patriot Express Loans, which can be used to start or expand a small business, increased over the
ANN ARBOR - Three Michigan companies recently received a combined total of $104,000 through the Michigan Microloan Fund Program, bringing the total amount invested through the Fund to over $1.3 million. Terra-Telesis, KnowledgeWatch, and uwemp received the funding to support commercialization of their core products. Terra-Telesis, doing business as AWGET (Airport Wind Generated Electric Turbine),
ANN ARBOR - University of Michigan and Shanghai Jiao Tong University officials Tuesday announced the first six research teams to win funding for renewable energy and biomedical technology projects in a new joint program that teams up investigators from both schools. The first-round winners were announced at a ceremony in Shanghai. At the same event,
LANSING ? The Small Business Association of Michigan has elected new board officers and directors for the 2010-2011 fiscal year. Officers: Chair: Cynthia Kay, owner of Cynthia Kay and Company, Grand Rapids 1st Vice Chair ? Yan Ness - Online Technologies Corp., Ann Arbor 2nd Vice Chair - David Rhoa - Mid Michigan Mailers, Kalamazoo
ANN ARBOR - The University of Michigan Solar Car Team has won the American Solar Challenge for a third consecutive North American title. Michigan's other team in the race, Western Michigan University, was relegated to display car status early in the event after their vehicle experienced persistent electrical problems. The week-long, biennial 1,100-mile competition for
DETROIT - Talking to investors, planning a budget, learning about legal rights ? these are just a few of the challenges six student entrepreneurs will tackle this summer as they pursue their business ventures at Wayne State University. The students comprise four potential startup companies and are winners of the 2010 E2 Challenge, a competitively
JACKSON - Consumers Energy has reached power purchase agreements with independent developers for more than 240 megawatts of new Michigan-based renewable energy capacity. The agreements support Consumers Energy's Balanced Energy Initiative which is a comprehensive 20-year plan to meet the needs of its 1.8 million electric customers with a balanced energy portfolio, including energy efficiency,
DETROIT ? University of Michigan Athletic Director David Brandon Tuesday was named to the DTE Energy board of directors. Brandon, former chairman and CEO of Domino's Pizza, continues to serve as non-executive chairman of Domino's. Brandon formerly was chairman, president and CEO of Valassis Communications Inc. of Livonia. In his 20 years at the marketing
DEARBORN - Ford Motor Company Tuesday introduced a new innovation - Curve Control - designed to help drivers maintain control of their vehicles when taking a curve too quickly. Curve Control debuts as standard equipment on the all-new 2011 Ford Explorer going into production later this year, and will be offered on 90 percent of
ALLEGAN - Perrigo Tuesday announced that it has acquired the exclusive U.S. store brand rights to sell and distribute OTC versions of Fexofenadine HCl 180 mg and 60 mg tabs, plus Fexofenadine HCl 60 mg and Pseudoephedrine 120 mg tabs, the generic versions of Sanofi-Aventis' Allegra and Allegra D-12 products. Teva Pharmaceutical Industries Ltd. TEVA