MIDLAND ? "Business Facilities" magazine has ranked the Midland area No. 3 in the country for economic growth potential and for Alternative Energy Industry Leaders. The rankings were for metropolitan areas with less than 200,000 residents. The news was reported Wednesday by Midland Tomorrow, the Mid Michigan economic development organization. "We're very pleased that Midland
LANSING - The University of Michigan and Michigan State University are still considered among the top 100 universities in the United States, according to the latest rankings by U.S. News and World Report. U-M topped the list for Michigan at 29th, coming just behind Tufts of Medford, Massachusetts. MSU was tied for 79th with American
LANSING - With fewer than seven weeks remaining in the current 2009-10 fiscal year and the start of the 2010-11 fiscal year, Gov. Jennifer Granholm outlined a series of cuts, revenue transfers and revenue increases that she hoped would prove not too controversial for lawmakers to adopt to clean up a combined two-year general fund
GRAND RAPIDS - A consortium of regional partners, including the Michigan 21st Century Jobs Fund, have cobbled together a $10 million Venture Capital fund aimed at supporting early stage life science and technology companies. Michigan Accelerator Fund I has been made possible through a $6 million award from the Michigan Economic Development Corporation and investments
KANSAS CITY ? The Ewing Marion Kauffman Foundation on Monday announced it has launched a web-based platform that helps colleges and universities simplify how they market and administer business-plan competitions. The iStart.Org is designed to connect entrepreneurs to a network of support, including mentors and others who can assist them in the growth of their
LANSING - While firm numbers are not yet final, indications are that Michigan's new workplace smoking ban will affect sales of Michigan Lottery club games, especially Keno, and could mean a drop in school funding from those games alone by $10 million. The executive director of the Michigan Licensed Beverage Association said his members are
ANN ARBOR - Swift Biosciences announced Wednesday it has completed a $3 million Series A financing round led by DFJ Mercury, a Houston, Texas based early stage venture capital company. DFJ Mercury was joined in the Series A by several Michigan-based individual investors who also helped launch the company with seed funding in January 2010.
LANSING - The Michigan budget shortfall facing Gov. Jennifer Granholm and the Legislature for the 2010-11 fiscal year shrunk by more than $300 million, and the state's public schools will likely receive an infusion of cash, as nearly $700 million in federal money is headed to Michigan as an aid package to the states received
LANSING - Personal incomes in most of Michigan's largest metro regions fell in 2009 compared to 2008, according to data released Monday by the U.S. Department of Commerce, but by far less than the average decline nationwide. The data, which looked at incomes in metro areas across the United States, also showed that in the
WASHINGTON DC - CEOs from Google and Verizon Communications on Monday announced a proposal to policymakers for keeping the Internet open. The companies jointly suggested a legislative framework for consideration by lawmakers. The major breakthrough in the proposal is an agreement that the nondiscrimination clause that the Federal Communications Commission has proposed as part of