SOUTHFIELD—Lawrence Technological University has turned a former meeting room into a high-tech haven for video game players in a fast-growing student competition called eSports. The new LTU eSports arena features 12 custom-built gaming computers with 4K monitors, a coach’s station, and a 4K big-screen TV for spectators to watch—and for players to go over game
ANN ARBOR—The Cybercrime Support Network, the national voice of cybercrime and online fraud victims, received a gift of $400,000 from Craig Newmark Philanthropies, the organization of Craigslist founder Craig Newmark. With this donation, in addition to $148,000 gifted by Newmark in 2018, CSN can continue to expand its efforts to aid consumers and small businesses that are affected by cybercrime in
LANSING – The Marijuana Regulatory Agency announced Thursday it is moving its medical program fee structure to a tier-based system based somewhat on the operation’s size, similar to what the agency put in place for the recreational market. The current regulatory assessment, paid by licensees after they are fully approved by the state, is $10,000
LANSING - Michigan electric customers during the years 2022 and 2023 should enjoy an adequate supply of power, according to the Public Service Commission. Commission officials said Thursday that all electric providers in the state successfully demonstrated to the PSC they had adequate supplies to customer needs in the 2022-23 planning year. The commission annually
ANN ARBOR – A new report shows there are 37 venture-backed startups in Detroit’s growing startup community, a 54 percent increase in the last five years. These findings come from EntryPoint, an organization that uses a data-driven approach to advance entrepreneurship, today announced the release of the 2019 Detroit Entrepreneurial Ecosystem Report. “EntryPoint has diligently surveyed
TRAVERSE CITY - Six mobility and transportation startups were awarded more than $450,000 in PlanetM Mobility Grant funding at the Center for Automotive Research’s Management Briefing Seminars. The six startups recognized by Governor Whitmer in remarks at the conference aim to address today’s toughest mobility and transportation challenges, including traffic congestion reduction and improved pedestrian
GRAND RAPIDS - The trade war with China is catching up with the West Michigan economy, finds a report from Grand Valley State University, slowing the pace of industrial growth for the first time in several months. The report comes from economist Brian G. Long, director of Supply Management Research in Grand Valley State University's
GRAND RAPIDS - Charter Capital Partners has closed its Charter Growth Capital Fund with more than $21 million in commitments with a target raise of $100 million. Anchor investors in the fund include Mercantile Bank of Michigan and a strategic institutional investor, as well as several family offices and individual investors. The Fund invests up
DETROIT - A new report finds the referral network for job seekers living in poverty and facing multiple barriers to employment in the City of Detroit extends beyond traditional workforce development activities. Nearly 260 workforce and related service providers were identified as part of the referral network and approximately half provide some combination of temporary
GRAND RAPIDS - Grand Rapids Community College has been awarded a $140,000 grant to participate in a national effort to expand registered apprenticeship opportunities, helping students gain a quality education in addition to on-the-job training in a rewarding career. GRCC is one of 80 colleges selected for the Expanding Community College Apprenticeship Initiative, led by
