LANSING - Michigan is expected to get a total of more than $161 million in federal funds to help develop high-speed rail service from the Detroit area to Kalamazoo, members of the state's congressional delegation said. Members of Congress are supposed to get notice of federal grants several days before the federal agency can make
DEARBORN - TiE Detroit Monday announced the winners of the TiE20 Midwest Industry Awards. Selected from more than 1,000 nominated companies, the winners represent the most enterprising startup companies in four focus segments: Internet, Media, Mobile and Software. The TiE20 winners will be honored with awards of excellence at TiECon 2010 Oct. 29 at the
DETROIT - Compuware Corp. shares surged in early trading on Wall Street Friday to $1.22, or 14 percent, to $10.05, following a better than expected profit posted by the business-software company in the second-quarter. Late Thursday, Compuware reported a quarterly profit of $26 million, or 12 cents a share, compared with earnings of $28 million,
DEARBORN - East Lansing, Grand Rapids, Jonesville, Livonia, Meridian Township, Tecumseh and Wixom have been identified as the top-performing communities at fostering entrepreneurial growth and economic development in a study by researchers at the University of Michigan-Dearborn's Center for Innovation Research. In addition to performing well in the numerical portions of eCities 2010, the seven
EATON RAPIDS - A Finnish-based wind power manufacturer will double its corporate presence in Michigan, Governor Jennifer Granholm said Wednesday during her trade mission to Sweden. URV USA has announced it will double the size of its Eaton Rapids plant that creates wind turbine castings from the current 40,000 metric ton facility to 80,000 metric
TROY - Mark Clevey, the author of the Annual Michigan Entrepreneurship Scorecard, has a new job ? he is the program manager for the Blackstone LaunchPad, a free career choice program operated from college placement offices that serves both beginning and experienced entrepreneurs, assisting with opportunity recognition, feasibility assessment and strategy for starting and growing
LANSING - Michigan's longest-serving governor joined with the man he hopes will be Michigan's next governor and said Rick Snyder would be an "outstanding governor of Michigan." And among the reasons Snyder will be a good leader for the state is he will work with Detroit, help protect the environment and listen to both sides
ANN ARBOR ? Cerenis Therapeutics, a biotech company, said Wednesday that it had raised $13.9 million in venture capital in addition to the $51.7 million it already generated in July. The company operates dual headquarters in Ann Arbor and France. Bill Brinkerhoff, Cerenis? chief operating officer, said the firm would use the funds to continue
ANN ARBOR ? The registration deadline for the fall 2010 Great Lakes Entrepreneur's Quest business plan competition is Nov. 1. But if you register right away, you can get started with a coach assigned on a first come, first served basis. At GLEQ, you get a chance to meet investors, get valuable feedback on your
SOUTHFIELD - Lawrence Technological University is hosting the SparkNewBiz Video Pitch Competition as part of Global Entrepreneurship Week, Nov. 15-19. Open to all Michigan residents 18 and over, the competition encourages entrepreneurs to take their ideas to the next level with three-minute pitch videos demonstrating the potential of their proposed products. By Nov. 1, entrants