YPSILANTI ? Fifty three companies are semi-finalists at the Accelerate Michigan Innovation Competition competing for a Grand Prize of $500,000. More than 35 venture capital investors are confirmed to attend as well. Confirmed speakers include University of Michigan President Mary Sue Coleman; Dave Egner, Executive Director, New Economy Initiative; Michael Finney, CEO, Michigan Economic Development
LANSING - Michigan developers can qualify for financial assistance for the development of eligible brownfield sites through a new low-interest loan program offered by the State of Michigan Land Bank Fast Track Authority. The funds are being offered through a $1 million Revolving Loan Fund award by the U.S. Environmental Protection Agency. ?This grant will
WASHINGTON DC - Controversy over a new copyright bill continues to grow in Washington, D.C., with both proponents and detractors signing up new allies and sharpening their rhetoric. Even pop icon Justin Bieber has made an appearance. The Stop Online Piracy Act, or SOPA, introduced last week in the House of Representatives to the applause
DETROIT - The Mobile Technology Association of Michigan will explore the future impact of machine-2-mobile and mobile-2-machine technology at Automation Alley November 14 at 5:30 p.m. The growth of the M2M sector of the mobile technology industry is set to explode over the next 10 years according to a multitude of forecasters and analysts. The
TROY - Credit Suisse's Customized Fund Investment Group and Beringea, co-managers of the InvestMichigan! Mezzanine Fund, Monday announced an investment in Dantom Systems in conjunction with the acquisition by Compass Investment Partners Fund. Terms were not disclosed. The InvestMichigan! Mezzanine Fund focuses exclusively on providing capital to businesses that are headquartered, have a significant presence,
BEIJING - China asserts it was not behind a series of hacks against U.S. environment-monitoring satellites a few years ago. Speaking at a news briefing Monday, China Foreign Ministry spokesman Hong Lei said claims that China was behind the hacks, which occurred in 2007 and 2008, are "untrue." The spokesman added, according to Reuters, which
SAN FRANCISCO - Anonymous is making threats to a Mexican drug cartel over the alleged kidnapping of one of its activists in Veracruz and is threatening to retaliate on Nov. 5, Guy Fawkes Day. "You made a huge mistake by taking one of us. Release him. And if anything happens to him, you (expletive) will
LANSING - Three non-legislative options the Snyder administration could pursue to complete the New International Trade Crossing involve handing the project over to the Canadian government, federal or city of Detroit government, or any combination of those entities, sources tell Gongwer News Service. Those options were weighed, although briefly, by the administration of Governor Jennifer
LANSING - Michigan has an opportunity to grow its freight and passenger rail lines and it would be a "major disservice" not to tie Detroit Metro Airport into that system, Governor Rick Snyder said Monday. Although still fresh off a defeat on legislative approval for the New International Trade Crossing, Snyder did not lose sight
LANSING - As a Senate panel this week prepares to review the most controversial portion of the 2008 energy law, business groups said Monday this is one law that does not need reinventing. That provision mandates that no more than 10 percent of a utility's sales can go to a competitor. Less than a year