DETROIT – Smart Factory, a French business accelerator program, is coming to Detroit on Nov. 15 where the tour will showcase eight French start-up companies that will pitch their products and business to Detroit-area companies in the hopes of finding collaborators, vendors, investors and potential customers. Michigan is the only U.S. stop on the tour,
ANN ARBOR - A new report released this week show 56 percent of venture capital was invested in information technology startups over the past year. More than 25 percent of venture-backed startups in Michigan are now located in Detroit. The 2018 Detroit Entrepreneurial Ecosystem Report comes from EntryPoint, founded in 2018 by Emily Heintz, who
SOUTHFIELD - In yet another indicator that the automotive business is peaking, Harbour Results just published a report that said the automotive vendor tooling industry will spend $8 billion in 2019, down from an estimated $9.2 billion in 2018, and $10.3 billion in 2017. The key factor driving decreased tooling spend is the decreased number
LANSING – A strategic partnership to help Michigan’s first responders with additional technology choices for emergency communications technology has been announced by the Office of Michigan’s Public Safety Communications Systems and Harris Corporation This effort will continue to focus on a reliable, secure and interoperable communications for the first responders across Michigan. “No single emergency
BOULDER, CO. - The average digital nomad is a married female Gen Xer who is an experienced employee working at a company at least 40 hours a week in the writing, education and training, or administrative career fields. She has health insurance, is saving for retirement, and has a bachelor's degree or higher. This according
TROY - AxleTech is developing a heavy-duty e-powertrain system with Thor Trucks, a fleet-focused transportation lab building fully electric commercial trucks. AxleTech and Thor Trucks will integrate AxleTech’s e-axle technology with Thor’s proprietary battery technology to create a fully electric commercial vehicle powertrain. “Electric powertrains for on-highway use are rapidly advancing at a global scale,
PLYMOUTH - Two years after Detroit became one of the first cities in the U.S. to get gigabit Internet speed from Comcast, the company has announced that it is now the nation’s largest provider of gigabit broadband that is available to nearly all of the cable company’s 58 million homes and businesses, including 99.2 percent
KALAMAZOO - In its first 14 months of existence, Ka-Zoo Angels has invested $435, 000 in eight companies our of 19 startups vetted, a new report shows. Launched in 2017 by Grand Angels, one of the state’s most active angel investor groups, its affiliate has 14 members. Tim Parker, Grand Angels president, said the organization
BLOOMFIELD HILLS – Michigan Capital Advisor has made an investment in Ventech, the developer of the Liquid Heat Generator technology used by auto OEMs, Alternative Energy providers and Equipment applications. Terms of the deal were not disclosed. The Ventech LHG provides near instant heat for comfort and safety of the vehicle occupants, with vehicle warm up
DETROIT - The North American International Cyber Summit 2018 hosted by Michigan Governor Rick Snyder on Oct. 29 will bring together experts from across the globe to address a variety of cyber-security issues impacting the world. The theme for 2018 is – Taking the Lead: Collaborating to Solve National Cyber Security Problems – Building partnerships
