ANN ARBOR - The $10 million Zell Founders Fund, created last year by a donation from Sam and Helen Zell, has made its first investment - Sneakers by Jordana, started by recent alumnus Jordana Schrager. The $100,000 investment will be used to start mass production on a new footwear and fashion line that features Jordana's
SCHOOLCRAFT – Equipment manufacturer Metal Mechanics announced Tuesday that it will bring seven new jobs to Southwest Michigan through a $1,250,000 investment. After a public hearing October 4 and approval from the Kalamazoo County Board of Commissioners, the growing Schoolcraft manufacturer is investing in a 30,000-square-foot building which will house and expand its existing operations.
GRAND RAPIDS - Venture capital investments in Midwest health sciences companies ballooned during the first half of 2016, both in terms of deal flow and dollar value. Investors collectively put $1.04 billion into 218 deals involving Midwest-based health sciences companies between January and June, according to Cleveland-based BioEnterprise. That’s the largest amount and highest deal
DETROIT – The 2016 Clean Energy Trust Challenge is now open to U.S. applicants and offers finalists industry-leading mentorship, national exposure and the chance to compete for $1 million in total investments. The Clean Energy Trust Challenge has become a proven launching pad for Midwest clean energy startups and become the flagship accelerator program of
DETROIT – A $40 million Wayne State University business school named after Little Ceasar Pizza co-founder Mike Ilitch will be built near the new Red Wings arena, the Detroit News reported Wednesday. The official announcement is expected Friday. A source familiar with the plan told the Detroit News the new Mike Ilitch School of Business
DETROIT - New startup Akadeum Life Sciences closed a round of funding this month that brings them to a total of $1 Million in funding. The life sciences startup in Ann Arbor has found a unique way to improve diagnostics. “We improve life science research and diagnostics by capturing cells with microbubbles,” said Brandon McNaughton, Co-founder and
ANN ARBOR - PHASIQ, a healthcare company, is the first investment of the student-led venture capital fund, Zell Lurie Commercialization Fund. Terms were not disclosed. PHASIQ provides a cheaper, faster, and more accurate solution to test for multiple proteins on a single patient sample. The Zell Lurie Commercialization Fund is the first and only institutional
