WASHINGTON - The U.S. Small Business Administration on Wednesday issued the following statement by SBA Administrator Karen Mills on a proposal by President Barack Obama to raise the maximum loan size for SBA-backed loans to small business. �??America�??s 29 million small businesses have been hard hit in this recession. Nine months ago, President Obama sent
ANN ARBOR - To help the leaders of Michigan's small businesses as they prepare their strategies for 2010, Phimation Strategy Group will offer a webinar on October 30 and again on November 13 to highlight the five trends that small business leaders need to be aware of in planning for the coming year. �??Most small
ANN ARBOR - HandyLab, a University of Michigan spinout company founded in 2000, announced Friday it has been acquired by a New Jersey medical technology company. Terms were not disclosed, however. The deal with Becton, Dickinson & Co. is expected to close by the first quarter of 2010. Earlier this year, HandyLab had signed a
LANSING - Legislation that is part of a package of bills expanding the Michigan Economic Growth Authority credits and providing more transparency finally won final passage Thursday from the Michigan Senate. The Senate relented to the House's insistence on removing a credit for a company creating part-time jobs in passing HB 4922 on a 30-4
ANN ARBOR - The University of Michigan has received 13 federal stimulus grants worth $6.8 million for stem cell research - a sign of the state's growing clout since voters last year eased restrictions in the emerging field that seeks treatments and cures for numerous diseases. The Ann Arbor university released the findings Thursday after
LANSING - There is no question that federal stimulus funds spent in the state have been effective, the head of Michigan's recovery office told a Senate subcommittee Wednesday. Republican members of the Senate Appropriations Stimulus Oversight Subcommittee questioned how effective the first round of monies issued and spent under the federal American Recovery and Reinvestment
DETROIT - For plug-in electric cars, it's no longer a question of if. It's a question of when and how. After many years of buildup, plug-in vehicles aimed at mainstream buyers are set to come to the market starting next year, reported CNET News.Com. But even with the momentum around plug-ins, many questions remain unanswered
WARREN - The deadline to enter Corp! magazine's Going Green Awards Program is Nov. 6. Self nominations are accepted. This annual program honors those companies and organizations that are leading the way in Michigan�??s green sector. Corp! is Michigan�??s premier business magazine. These awards are cosponsored by MITechNews.Com. Self-nominations are accepted. Nomination deadline is Nov.
DETROIT - Wayne State University School of Business Administration has announced a new global partner for its Adams Entrepreneurship Fellowship Program. Ford Global Technologies, LLC, a wholly-owned subsidiary of Ford Motor Company that manages all aspects of intellectual property for Ford and its brands, WSU. This opportunity will offer a highly entrepreneurial experience for one
GRAYLING - The Crawford County Economic Development Partnership has developed a Business Anniversary Recognition program to distinguish and recognize Crawford County businesses for reaching anniversary milestones. Age symbolizes strength and security, especially in today�??s unpredictable marketplace. The average business operates for less than seven (7) years. Those that last longer certainly have reason to celebrate.