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$1 Million Accelerate Michigan Biz Plan Competition Taking Applications

DETROIT ? A million dollars in cash awards are up for grabs in the 2012 Accelerate Michigan Innovation Competition, one of North America's largest business competitions. The winner gets $500,000 alone, runner-up wins $150,000 plus there are business in-kind awards to later stage, entrepreneurial businesses that have the potential to have an immediate and positive

By |2012-06-22T00:00:00-04:00June 22nd, 2012|Archive, Events/Announcements|

TechTown Hosts Startup Soup Pitch Contest Aug. 3

DETROIT ? If you have a great business idea, TechTown, Wayne State University's business accelerator, a pitch competition Aug. 3 that pays the winner $1,500. But you need to register by July 1. A panel of judges will select finalists to present at Startup Soup. Each finalist will have five minutes to pitch their business

By |2012-06-22T00:00:00-04:00June 22nd, 2012|Archive, Entrepreneur Corner|

MEDC Announces $6.8 Million In Loan Approvals For Five Michigan Companies

LANSING - The Michigan Economic Development Corporation Thursday announced Michigan Strategic Fund approval of loans of up to $6.8 million for five growing Michigan companies through the Michigan Business Growth Fund Loan Participation Program. ?The Loan Participation Program will allow these companies to move forward and continue to grow, which in turn brings jobs and

By |2012-06-21T00:00:00-04:00June 21st, 2012|Archive, Events/Announcements|

U.S., Israel Fired Up Flame Cyberattack, Washington Post Contends

WASHINGTON D.C. - According to several sources who spoke with the Washington Post, Flame helped "prepare the battlefield" for other cyberattacks, including Stuxnet. The Washington Post reports, citing sources, that Flame was the brainchild of the U.S. National Security Agency, the Central Intelligence Agency, and Israel's military. The focus of the malware was to surreptitiously

By |2012-06-21T00:00:00-04:00June 21st, 2012|Archive, Events/Announcements|

Educause, Internet2 Launch Pilot To Develop Electronic Content

ANN ARBOR - EDUCAUSE and Internet2 are implementing a new series of pilot efforts to evaluate technologies and business models in the fast evolving migration from traditional textbooks to electronic content. For the fall 2012 term, the pilot is being conducted in partnership with McGraw-Hill Education and Courseload, through which more than 25 colleges and

By |2012-06-20T00:00:00-04:00June 20th, 2012|Announcements/New Products, Archive|

Ablative Solutions Gets $5.3 Million Preferred Stock Investment

KALAMAZOO ? BioStar Ventures and the Michigan Accelerator Fund led a $5.3 million preferred stock investment in Ablative Solutions Inc., a Kalamazoo-based medical device company with a new technique for fighting high blood pressure. ASI says it is developing a ?significantly different? approach to renal denervation, a new therapy for high blood pressure and other

By |2012-06-20T00:00:00-04:00June 20th, 2012|Archive, Life Sciences/Biotech|