WOBURN, MA - A small, privately held company called Terrafugia has recently gained FAA approval for its roadable aircraft (i.e., flying car), and new improvements to the vehicle's design bring it only about a year away from being available to customers, according to MSNBC. Dubbed "The Transition," Terrafugia's flying car takes the notion of driving
DETROIT - North America's premier international trade event is coming to Detroit. Some 600 business leaders, entrepreneurs and government officials will gather at the Marriott Renaissance from October 24-27 seeking to stimulate the economy and create high paying jobs by boosting exports and expanding international trade. Exports, which totaled $1.3 trillion nationwide and $45 billion
GRAND RAPIDS - The West Michigan private equity finance group called Momentum, founded by Rick DeVos, showcased its latest batch of start-ups on July 26 at its 2nd annual Demo Day. Each company had participated in a 12-week bootcamp and received $20,000 in funding. The four companies include:>
WARREN - Six high-tech science and technology teams from four continents have been named finalists in the inaugural Multi Autonomous Ground-Robotic International Challenge (MAGIC 2010) hosted by the U.S. Army Tank Automotive Research Development and Engineering Center. Teams from the United States, Turkey, Japan and Australia have been selected by the U.S. and the Australian
LANSING - In a split decision, the Supreme Court overturned lower courts Friday by finding that copying pornographic images of children to a disc does not constitute manufacture. Brian Hill was convicted of making or producing child sexually abusive materials for copying images form the Internet and saving them to compact discs. Hill argued that
SOUTHFIELD ? Secure-24, a managed hosting, disaster recovery, and managed services for the mission-critical IT applications of industry and government, has 47 job openings. Secure-24 was named 2010 SAP Pinnacle Award Finalist for IT Outsourcing Partner of the Year, the only US based partner to receive the nomination. What's more, the company just hired Inga
ANN ARBOR - Cerenis Therapeutics SA, a biotech company with dual headquarters in Ann Arbor and France, has secured $51.7 million in venture capital to continue developing its cholesterol therapy technologies, executives said Sunday night, the biggest Michigan venture investment in nearly four years. The transaction is the biggest venture capital deal for a Michigan
LANSING - Advanced manufacturing now accounts for more than 10 percent of all employment in Michigan and the value of the employment has grown substantially in the state at the same time the economy weakened, a report commissioned by the University Research Corridor contends. The report also said the role the state's three largest research
SOUTHFIELD ? In 2001, two German SAP specialists moved from California to Michigan and decided if they could land three clients in three months, they could make a go of a hosting business. Nine years later, Secure-24 has more than 100 clients, including a dozen that individually generate revenues of more than $1.5 billion annually.
SALINE ? Leadership confidence is declining in the latest Leadership Pulse study from eePulse. The survey also indicated a lack of capital for business execution is depressing confidence. "Our research indicates that leadership confidence is linked to individual and firm performance," said Theresa M. Welbourne, Ph.D., eePulse Founder, President and CEO and Research Professor with