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ANN ARBOR - Michigan’s entrepreneurial ecosystem scored a big win December 20 when the Michigan Senate approved the $60M Michigan Innovation Fund (HB 5651-53) and the House passed the final bills in the R&D tax credit package (HB 5100-5101). These legislative actions will significantly boost investment into Michigan-based startup companies and incentivize research and development
NEW YORK - Scientists have discovered a key protein that helps cancer cells avoid detection by the immune system during a type of advanced therapy. By creating a new drug that blocks this protein, researchers hope to make cancer treatments more effective, especially for hard-to-treat blood cancers. This breakthrough could lead to better survival rates
TROY—Auto lenders that deliver a strong digital customer experience via their websites and mobile apps enjoy much higher levels of digital self-service and have customers who are significantly more satisfied than those of other lenders. However, according to the recently released J.D. Power 2024 U.S. Automotive Finance Digital Experience Study, 40% of automotive finance customer
LANSING - The Cannabis Regulatory Agency finally released cannabis sales figures for November and they were higher than experts had predicted. The final tally was $276.4 million, up 6.1% from a year earlier, and 2.9 percent from October. The increase was the first since August at $295.41 million. Medical marijuana sales were slightly less than
2024 was a year with growing ransomware attacks, accelerating use of artificial intelligence (for good and evil), more deepfakes in online fraud and election threats being overstated, but Donald Trump becoming president-elect (again) is the top 2024 cyber story. When we look back at this past year’s cybersecurity stories a decade from now, what will
GRAND RAPIDS – New Community Transformation Fund and Michigan Capital Network, two Grand Rapids based venture capital investment organizations, announced a new affiliation agreement intended to accelerate momentum in the early and mid-stage investment sector for business owners and entrepreneurs of color in West Michigan. Under this agreement, both organizations will remain as stand-alone entities
WASHINGTON DC - Timing is everything. Just as Apple’s adoption of RCS had seemed to signal a return to text messaging versus the unstoppable growth of WhatsApp, then along comes a surprising new hurdle to stop that in its tracks. While messaging Android to Android or iPhone to iPhone is secure, messaging from one to the
KALAMAZOO — A first-of-its-kind public-private investment partnership totaling more than a combined $4.7 million will offer new state-of-the-art EV and semiconductor education and career opportunities to students across Southwest Michigan, Greater Grand Rapids and beyond beginning in 2025. The goal — announced by Michigan University, Kellogg Community College and the Michigan Economic Development Corp., as
ANN ARBOR - University of Michigan’s largest free tuition program is getting a hefty expansion as part of the university’s shifting diversity efforts. The Go Blue Guarantee previously covered tuition for in-state families making less than $75,000 in income a year. The Board of Regents announced the expanded threshold of $125,000 during the Dec. 5
NEW YORK - Goldman Sachs recently reported that by 2026, battery prices should reach $80/kWh, which is roughly 50% the 2023 price. Let that sink in for a moment: the cost has dropped by almost half in 3 years. This is great news for EV affordability, as well as many other energy and technology projects
