HOUGHTON ? Megan Frost is developing an antimicrobial film dressing for wound closure at her lab at Michigan Technological University. But while she understood the science, she didn?t know how to build a company to commercialize her invention. Enter Inforum's ACTiVATE program. ACTiVATE, a 10-month program launched in August 2012 by Inforum, guides women through
YPSILANTI ? One of the most influential women in U.S. finance, who also happens to manage $600 million in Michigan venture capital funds, said the state has distinct advantages over more traditional investing havens making Michigan a compelling place for Venture Capitalists. Kelly Williams, who leads Credit Suisse?s Customized Fund Investment Group, with some $30
PETOSKEY - Center for Computer Resources has acquired Power IT, a business technology solutions company based in Petoskey. Terms were not announced. CCR will provide local northern Michigan service under the Power IT name and current staff will be retained in the Petoskey and Traverse City office locations. Ingalls joins CCR and will become part
DETROIT - Compuware posted a fourth quarter loss this week and missed Wall Street's expectations, but beat revenue expectations. Analysts said the higher-than-expected revenue is a sign to shareholders that higher growth may be in the offing for the computer services company. Compuware reported adjusted earnings per share loss of $0.30. By that measure, the
LANSING ? Michigan government provided nearly $14 million in tax incentives to five businesses and four community improvement projects across the state that are expected to generate $173 million in new investments. The Michigan Strategic Fund said the projects also could create more than 1,100 new jobs. ?These business expansions and community improvements demonstrate the
ANN ARBOR - In 2012, Michigan jumped from 25th to 15th in the national Venture Capital ranking - one of the largest increases in venture funding last year. Compared to the national trend of declining VC funds and activity, funding activity and fund sizes in Michigan continued strong and steady growth last year. The information
LANSING - Net revenues from Michigan's major taxes jumped by 18 percent in April compared to April 2012, figures from the Senate Fiscal Agency showed, driven largely by a sharp increase in income tax collections. During the month, the state collected about $2.3 billion, up by $248.2 million from the January revenue estimating conference projections
LANSING - The Michigan Land Bank Fast Track Authority is moving from the Michigan Strategic Fund to the Michigan State Housing Development Authority through an executive order Governor Rick Snyder issued Monday. Snyder said EO 2013-8 would bring together two agencies working on redevelopment efforts. "This strategic reorganization allows MSHDA to strengthen its partnership with
ANN ARBOR ? Thirty six companies will pitch hundreds of potential investors next week at the 32nd annual Michigan Growth Capital Symposium. Presented by the University of Michigan Zell Lurie Institute at the Ross School of Business, this year?s Symposium will be held May 21-22 at the Marriott Resort in Ypsilanti. More than 400 entrepreneurs,
LANSING - The Michigan Film Office announced three digital media projects ? Don Cheto, Series One and Original Bethlehem ? have been approved for about $288,000 in incentives from the state. ?Digital media, including animation, post-production and video game development, has tremendous potential for growth here in Michigan,? said Margaret O?Riley, director of the Michigan