Michigan Technology News and Entrepreneurs
GRAND RAPIDS - Private equity investors have more capital to deploy today than they have in years. Statistics from Seattle, Wash.-based Pitchbook show fundraising activity for private equity funds in North America and Europe reached its highest level in a decade, at $212.6 billion through Aug. 1. Meanwhile, a report from the American Investment Council,
HARBOR SPRINGS — A beautiful northern Michigan resort city like Harbor Springs is likely to attract people who can work from anywhere, so they work from their homes. Now, a new nonprofit coworking space will give them someplace else to make a living and build their businesses. Developers of The Loft, a 1,400-square-foot coworking space
DETROIT – Challenge Detroit, a yearlong leadership development program dedicated to attracting and retaining talent in Detroit, announced its 2017-2018 class of Fellows and the host companies that will employ them over the next year. Challenge Detroit invites leaders from Detroit, the Metro area, and across the country to live, work, play, give and lead
PONTIAC - Oakland County on Sept. 13 will join a program founded by the Kauffman Foundation to provide free, weekly networking that is aimed at supporting startups on a grassroots level. The 1 Million Cups program is based on the notion that entrepreneurs network and discover solutions over a million cups of coffee. Beginning September
ANN ARBOR - University of Michigan researcher Silvia Lindtner has received one of the first Convergence awards from the National Science Foundation. Lindtner, U-M assistant professor of information, will receive one of the 23 inaugural awards for work to address societal challenges pertaining to work at the human-technology frontier. The amount awarded is $99,185.
ANN ARBOR - In the last three years, there has been a 20 percent increase in the number of venture-capital-backed startups in Michigan, a new survey shows, with West Michigan companies making up a third of them. The seed, startup, early stage and growth companies represented equally with approximately a third in West Michigan at
ROYAL OAK - Bamboo Detroit, a co-working space in downtown Detroit, has outgrown its space on the third floor of the Julian C. Madison Building and has leased the fourth floor, adding another 3,000 square feet. Co-founder Mike Ferlito explains what’s happening in this segment of M2 TechCast. Ferlito said the new buildout will produce
ANN ARBOR — The cholesterol-fighting drug developer Esperion Therapeutics Tuesday announced an initial public offering of $150 million of its common stock. Esperion also expects to grant the underwriters a 30-day option to purchase up to $22.5 million of additional shares of its common stock. The company said it would use the net proceeds of
ROYAL OAK - How are traditional business lenders anticipating changes in the banking industry to accommodate emerging technologies like autonomous vehicles? Mark Brant, Market President at First Community Bank, answers some of these questions in an interview conducted by Keith Brophy, State Director of the Michigan Small Business Development Center. Brophy explores with Brant what
DETROIT - The early bird deadline to apply for the $1 million Accelerate Michigan business competition is Aug. 4, the last chance to throw your company’s hat in the ring for only $50. After Aug. 4, the application fee rises to $100. After Aug. 26 to $150. The final deadline for submissions is 11:59pm on
