Gilbert Family Foundation Donates $500M To Pay Detroit Property Taxes

ANN ARBOR - The Gilbert Family Foundation and Rocket Community Fund on Thursday announced an unprecedented and transformational $500 million philanthropic investment over the next ten years, to be accomplished through strategic contributions to community organizations that will build economic opportunity in Detroit neighborhoods. The Gilbert Family Foundation will contribute $350 million, and the Rocket

By |2021-04-01T20:31:38-04:00April 1st, 2021|Entrepreneur Corner, mitechtv|

Report: 1,322 Michigan Angels Invested $73.6 million

ANN ARBOR—The Michigan “angel investor” community released its 2019 annual research report, showing an increase in the number of angel investors and the amount they invested in Michigan startups last year. “Since we started publishing this report in 2017, angel activity across Michigan has steadily increased,” said Skip Simms, Michigan Angel Fund managing director and

By |2020-05-06T18:02:50-04:00May 6th, 2020|Entrepreneur Corner, Entrepreneurs|

2020 Midwest Venture Virtual Showcase to Feature Sixty Companies Seeking Investments

ANN ARBOR – Organizers of the 2020 Midwest Venture Showcase, a partnership between the Midwest Growth Capital Symposium and InvestMidwest, announced that 61 companies seeking funding will be showcased to an audience of top-tier investors, entrepreneurs, researchers and business executives at the virtual event on May 5-8. The showcase will be presented as a virtual

By |2020-04-27T11:12:09-04:00April 25th, 2020|Entrepreneur Corner, Entrepreneurs, Featured|

Michigan Council of Women in Technology Create Scholarship Fund

SOUTHFIELD – The MCWT Wednesday announced its MCWT Scholarship Fund. The MCWT Foundation made an initial $25,000 contribution to the fund in 2019 and several of the organization’s past presidents stepped up to collectively match the starting amount. Leveraging the passion, energy and commitment of MCWT’s board and past leadership, Jane Sydlowski, 2019 MCWT president,

By |2020-02-05T19:11:56-05:00February 5th, 2020|Entrepreneur Corner, Entrepreneurs, STEM|

Three Startups Win Hatching Business Pitch Competition In Lansing

LANSING—Empowerment, community and sustainability are embedded within the Lansing region’s entrepreneurial ecosystem—values which were clearly visible during the Lansing Economic Area Partnership’s Sept. 26 Hatching business pitch competition, where three entrepreneurs emerged victorious. Coming out on top was Power in Passion by Katy Kelly, a software platform designed to help citizens returning from incarceration find

By |2019-10-02T17:38:48-04:00October 2nd, 2019|Entrepreneur Corner, Entrepreneurs|

Six Startups Receive $450,000 In PlanetM Mobility Grants

TRAVERSE CITY - Six mobility and transportation startups were awarded more than $450,000 in PlanetM Mobility Grant funding at the Center for Automotive Research’s Management Briefing Seminars. The six startups recognized by Governor Whitmer in remarks at the conference aim to address today’s toughest mobility and transportation challenges, including traffic congestion reduction and improved pedestrian

By |2019-08-08T17:05:27-04:00August 8th, 2019|Auto Tech, Entrepreneur Corner, Entrepreneurs|

Detroit-Based Online Plant Store Bloomscape Raises $7.5 Million In Venture Capital

DETROIT—Bloomscape, a direct-to-consumer plant company based in downtown Detroit, announced $7.5 million in Series A funding. Washington, D.C.-based Revolution Ventures led the round with participation from New York City-based Endeavor Global Inc., along with existing investors, and consumer brand founders including Allbirds co-founder Joey Zwillinger, Away co-founder Jen Rubio, Eventbrite co-founder Kevin Hartz, Harry’s co-founder

By |2019-08-04T17:20:53-04:00August 4th, 2019|Entrepreneur, Entrepreneur Corner, Entrepreneurs|

China’s InnoSTARS Competition Coming To Detroit April 29

DETROIT – As China continues to rise in its global importance, its huge domestic market promises many expansion opportunities for US companies.  Despite of all the anxiety and media buzz around the current tension between US and China, there is one platform that is approaching things more transparently and strategically – InnoSTARS.  In its 3rd

By |2019-03-15T06:22:08-04:00January 3rd, 2019|Entrepreneur, Entrepreneur Corner, Featured, IoT|

Accelerate Michigan Names 24 Semi-Finalists For $1 Million Startup Competition

DETROIT - Twenty-four semi-finalists were named Wednesday to compete in the $1 million Accelerate Michigan Innovation Competition that will take place Nov. 13 at the Lexus Velodrome. The program, hosted by Detroit’s ID Ventures, culled through nearly 300 applicants. The semi-finalists were chosen based on innovation, business development and customer traction by a judging panel

By |2018-10-03T11:04:17-04:00October 3rd, 2018|Entrepreneur Corner, Entrepreneurs, Featured|

The Inside Story On TechTown’s Purchase Of The NextEnergy Center

ROYAL OAK - Wayne State University bought the NextEnergy Center, the state of Michigan’s advanced energy industry accelerator, and will transform it into a center for university-industry collaboration and research. Ned Staebler, president of TechTown, joins Matt Roush and Mike Brennan to explain why Wayne State spent $6.6 million to create Detroit Urban Solutions, a

By |2018-06-06T14:55:53-04:00June 6th, 2018|Entrepreneur Corner, Entrepreneurs, M2 TechCast, Podcasts|