Michigan Technology News and Entrepreneurs
DETROIT - Jim Foucher, a vice president and co-founder of RBV Contracting, was a little surprised when I got a call from the Small Business Administration and was told SBA Administrator Linda McMahon wanted to visit his job site in downtown Detroit as part of her national tour of small businesses. McMahon, a former Republican
DETROIT - The third class of Detroit’s Techstars Mobility was announced last week, welcoming a total of eleven new companies to Downtown Detroit. Techstars Mobility brings entrepreneurs from all around the world to Detroit to work on a concept that innovates the way that goods and people are transported around the world. The program has
ANN ARBOR - For chief executive officers who want to boost their company's bottom line, it pays to be humble. In fact, something as simple as seeking feedback from those who work closely with the CEO has important payoffs. New research indicates that a CEO who asks for feedback on his or her performance from
DETROIT - Calling all startups and small businesses, Michipreneur has found more pitch opportunities that lead to cash prizes. In Pontiac their second annual Pitch n’ Pontiac is back. With partnership from CEED Lending, businesses can pitch and compete for prizes. First prize is $7,500 in cash with support services too. Those in food, technology,
DETROIT - Blogger turned entrepreneur Amanda Lewan announced this week that she has signed a lease for the fourth floor of the Julian C. Madison Building in downtown Detroit to handle demand for her co-working space. The new lease adds 3,000 square feet, bringing the capacity to near 10,000 square feet. Bamboo Detroit currently leases approximately 6,000
LOS ALTOS, Ca. - Toyota Research Institute will invest an initial $100 million to launch Toyota AI Ventures, a new corporate venture capital subsidiary designed to provide early-stage financing to startup technology companies. TRI will launch the venture by contributing initial investments it has made in three technology companies: Nauto, SLAMcore and Intuition Robotics. The
The City of Detroit has a long and growing list of resources for small business owners looking to put roots down. Whether it’s Motor City Match, Hatch, NEIdeas, there’s plenty of opportunity for business owners. Hatch Detroit is one of the top grant competitions that happens every year, giving away $50K to one lucky winner.
GRAND RAPIDS — A new venture capital fund in West Michigan closed on its first deal this week. Grand Ventures I LP was part of a syndicate of investors that invested $3.5 million in Cincinnati, Ohio-based Astronomer Inc., a company that provides a platform for clients to collect and analyze data. The deal came after Grand Ventures — which targets
ROYAL OAK - SnugLit, a wearable, portable solution to infant jaundice, is the latest product from TheraB Medical, an East Lansing startup. Its Chief Executive Officer, Alexa Jones, is working with Inforum’s inGage, a mentoring program for second-stage female entrepreneurs, to take her company to the next level. inGage Director Tember Shea interviews Jones on
ROYAL OAK - Tech248 Co-Founder Irene Spanos interviews 365 Retail Markets' CEO Joe Hessling and COO John Chidiac who explain the rapidly growing, self-checkout technology company that has been revolutionizing the vending machine industry since 2008. 365 Retail Markets is a turnkey, unmanned market that allows customers to increase sales, improve the customer experience, and increase
