LANSING - Gov. Gretchen Whitmer seeks to inject $200 million into Michigan technology startups using federal pandemic relief funds, as part of a broader $1.52 billion proposal for using federal American Rescue Plan Act funding that Congress approved in March. Whitmer’s Startup Resiliency Initiative would put $140 million into direct equity investments in tech startups
LANSING – The future of mobility is here and unless Michigan makes critical investments now the state that put the world on wheels could get left behind, according to a new report released today outlining several recommendations for state policymakers. Groups praised the work that went into crafting the report, noting that if the recommendations are
DETROIT — DTE Energy announced that its electric vehicle charging program, Charging Forward, is now offering Michigan-based businesses advisory services for transitioning to electric fleets. DTE developed Charging Forward eFleets, a five-year, $13.4 million program to accelerate fleet electrification in Michigan. The program is designed to support fleet owners by facilitating their transition to eFleets
DETROIT - The US Economic Development Administration’s Office of Innovation & Entrepreneurship is awarding TechTown Detroit a grant of $400,000 to unlock angel capital and diversify angel investing throughout Michigan and the Great Lakes region. The grant is part of the Build to Scale Program, which aims to accelerate technology entrepreneurship by increasing inclusive access
TRAVERSE CITY - FirstIgnite was the audience favorite at the TCNewTech pitch event earlier this month winning the $500 prize provided by 4Front Credit Union. Co-Founder and CEO, Chase Bonhag presented his emerging startup to an audience at The City Opera House. The event was live streamed on the TCNewTech Youtube Channel and LinkedIn. The
ZEELAND - Lakeshore Advantage, with support from partners at The Right Place, Greater Muskegon Economic Development, Michigan Manufacturing Technology Center-West, and Michigan Economic Development Corporation, launched a West Michigan Industry 4.0 campaign to increase manufacturers’ smart manufacturing technology adoption readiness. Implementing Industry 4.0 technologies into operations helps manufacturers to create opportunities for improved efficiency, higher
ANN ARBOR—University of Michigan students and faculty have launched a student-run investment fund targeting early-stage climate tech companies that aim to make a real difference on climate change. The fund is the centerpiece of the Michigan Climate Venture, a first-of-its-kind, multidisciplinary program at the intersection of climate technology and venture capital at U-M. The program
DETROIT – Altimetrik has appointed Henk Vliestra to the role of Chief Operating Officer, and Bheem Adavikolanu as Chief Transformation Officer – United Kingdom, Northern Ireland, and Europe. Vliestra takes the role previously held by Raj Sundaresan, who became Chief Executive Officer in July 2020. As Chief Operating Officer, Vliestra is responsible for leading standardization
ANN ARBOR - Epidemiologist Fred Brown returns to update what's happening nationally with the COVID virus, also updates on vaccines, plus his take on whether it is safe to host house parties for Halloween, Thanksgiving and Christmas. You can learn all about Fred at www.FredBrown.Com https://youtu.be/9fAxGdFDoNA
ANN ARBOR - Dan Radomski, Executive Director of the Centrepolis Accelerator at Lawrence Technological University, updates the recent awards and funding the hardware accelerator has won. The Accelerator 's mission to fuel the growth of Southeast Michigan’s small manufacturers and hardware entrepreneurs by providing access to key resources including mentors, workshops, cutting-edge technologies, corporate connections,
