ANN ARBOR ? Life sciences, drug development and information technology remain the hottest investments for Angel Investors in the Great Lakes region, a survey of major Angel groups shows. Nationally, Angel investing enjoyed a big up tick nationally in 2004, a 24 percent gain from the year before. The hottest sectors nationally were Software (22
MACKINAC ISLAND ? Despite efforts by the Michigan Senate Republicans to dilute Gov. Jennifer Granholm?s $2 billion tech bond job proposal, Granholm found some decision makers at the Detroit Regional Chamber's annual conference pressing for a plan as large as $5 billion to deal with an economic outlook as dour as any in recent memory.
LANSING - As the embryonic stem cell research bills from Rep. Andy Meisner (D-Ferndale) prepare to wind through the Legislature, lawmakers in other states and Congress are also drafting laws of their own that would fund the controversial medical practice that would be used to advance life sciences. Although the debate over embryonic stem cell
ANN ARBOR ? One of the highlights this year at the 24th Michigan Growth Capital Symposium will be the awarding of Michigan Gov. Jennifer Granholm?s University-ACE ? a recognition designed to inspire and reward a public university researcher and key team members whose research advances the development and commercialization of new technologies. Two Aces (Award
LANSING - The chair of the Michigan House committee considering Gov. Jennifer Granholm's proposal to sell $2 billion in bonds to keep and attract technology businesses to Michigan remains unconvinced that the proposal would improve the state's economy. Rep. Bill Huizenga (R-Zeeland), chair of the Commerce Committee, said after a Tuesday hearing of his panel
ANN ARBOR ? Proposed changes to how the U.S. Small Business Administration defines a small business has Ardesta co-founder Chris Rizik worried that technology companies Ardesta has invested in won?t be able to win any more Small Business Innovation Research grants from the federal government. The grants have become a lucrative way for companies, like
LANSING ? The Michigan Department of Transportation has announced plans to test sensor data in Southeast Michigan from vehicles equipped with new technology that will help the state test how cars can keep from running into each other on Michigan?s highways. The Vehicle Infrastructure Integration technology (VII), will be tested at facilities in Dearborn, Auburn
SOUTHFIELD - Computer Associates stock price fell some 5 percent Friday after the corporate software maker said its quarterly profit sank, despite a 7 percent rise in revenue, due to an increase in expenses and taxes. Shares of the Islandia, N.Y., company ? which maintains its Midwest regional office in Southfield ? fell $1.36, or
DEARBORN ? For the first time in two years, Michigan will have a statewide gathering of technology professionals. The Michigan Technology Conference will be co hosted Sept. 8 by the Detroit Regional Chamber, Automation Alley and the Michigan Economic Development Corp. The day-long event will be held at the Ford Conference Center in Dearborn and
BLOOMFIELD HILLS ? NuSoft Solutions has added three new consultants to help the Microsoft Gold Certified Partner continue its aggressive expansion in Michigan and the Midwest, and plans to hire a lot more tech talent this year. Steve Smith joins NuSoft as a Principal Consultant with a special focus on leading NuSoft?s business pursuits. Smith