LANSING ? The stalemate in the Michigan legislature over whether or not to phase out the Single Business Tax has left the fate of the Venture Michigan Fund in limbo as well. The Venture Michigan would pump nearly $150 million into Venture Capital companies that would in turn invest that money in promising Michigan technology
DETROIT ? Bernice Lopata has been named associate vice president of advancement services and corporate and foundation relations and will spearhead a team of strategists and writers who support the schools and colleges at Wayne State University. Lopata had been executive director of corporate and foundation relations and campaign operations. ?By bringing all the advancement
TROY ? Walsh College has named Troy resident Ronda Johnson, CFRE, as its new Vice President, Chief Development Officer. She will lead the College?s annual fund, special events and major gifts, and will manage the Walsh College Foundation Board of Directors. ?Ronda has assisted our College and the Walsh College Foundation as a consultant for
LAS VEGAS ? Computer Associates used the forum of its CA World Forum in Las Vegas to roll out its Enterprise IT Management product line that lets businesses better control costs, optimize service levels, manage risk and align Information Technology Investments. EITM provides a path for proactive enterprise-wide IT management that lets organizations optimize resources
LANSING - Legislative Republicans say the $3 billion high tech jobs development and Single Business Tax cuts should not be vetoed by Michigan Gov. Jennifer Granholm simply because a repeal on the 2009 sunset on the Single Business Tax is not included in the package. But top Democratic officials argue that Republicans broke the agreement
CLARKSTON - Charles ?Fritz? Spademan, a colorful Oakland County business figure who advocates aggressive private sector and public sector support of new business formation, has appointed new presidents for two economic growth organizations he co-founded ? The Money Finders and the Entrepreneur & Investor Exchange. Spademan remains chairman of both groups. ?It?s wonderful for our
ANN ARBOR ? It?s official. Jan Garfinkle of Arboretum Venture Capital is the new president of the Michigan Venture Capital Association. Garfinkle has been running the private equity finance group since last summer, when former president Mitch Mondry from the MGroup turned the day-to-day duties over to Garfinkle so could spend more time on his
LANSING - A marathon 12-hour session ended early Thursday when the Michigan House approved the business tax cut and high-tech job plan with the basic parameters that were agreed upon last week by the governor and legislative leaders. The one change, House Republicans pushed through legislation to keep the sunset on the Single Business Tax,
DEARBORN - Ford officials hope to shave hundreds of thousands of dollars off the cost of tooling up for future products using the latest in rapid prototype technology. Most automakers already rely on systems such as stereo lithography to create low-cost models of parts and components. The technology blasts a laser in a vat of
LANSING - Action on the business tax cut and high-tech job creation plan will not come up for action in the House until Wednesday because bill substitutes are still being worked on at the Legislative Service Bureau. House Speaker Craig DeRoche (R-Novi) spokesperson Matt Resch said the proposal still could be completed before the start