LANSING - The Michigan House Fiscal Agency announced on Tuesday its revenue estimates for the state through 2016, projecting net revenue in the School Aid and General Fund in the 2012-2013 Fiscal Year to show an increase of $429.9 million from what was projected in May. The HFA also revised upward its estimate for the
LANSING - Governor Rick Snyder told reporters Tuesday the revenue estimates have not been released yet and it is too soon to determine if an income tax rollback would be a responsible answer to possible surplus funds. "Let's get the facts first and then let's make sure we're being fiscally responsible for the long term,"
ANN ARBOR - Learn how to access government funding for your bioscience company, especially from the Department of Defense during the MichBio sponsored webinar Jan. 17. The speaker, Liz Powell, is a former Legislative Director on Capitol Hill who staffed the Armed Services Committee and became an entrepreneur offering strategic counsel on how to navigate
TROY - A fine-tuned elevator pitch can open the door to funding and key partnerships for entrepreneurs. Perfecting that pitch takes practice and often some advice from experts and other experienced entrepreneurs. Watch up-and-coming entrepreneurs present their business plans, and then join in the discussion at the Entrepreneurial Initiative of Southeast Michigan Entrepreneur's Forum. EISEM
TROY - Association for Corporate Growth Detroit Chapter announced the appointment of four new members to its Board of Directors. The new Board members are: Steve Ellis, founder and managing director of Stratford -Cambridge Group, Farmington Hills, MI, a boutique buy-out firm focusing on micro-cap businesses in the industrial sector. He is also has held
DETROIT - SAE Detroit Section and MIT Enterprise Forum of the Great Lakes will host the 6th Annual Automotive Innovation Competition that seeks to shortcut the arduous filtering process in large organizations to bring new innovations to the industry in a time of tremendous change. Applications are due by Jan. 15. APPLICATION GUIDELINES Qualifying entries
DETROIT - The Southeast Michigan Purchasing Managers Index for December is 50.6, down from 58.3 in November indicating a slow-down in economic expansion. This brings the three-month average down to 57.3. A PMI value above 50 generally suggests economic growth. ?The PMI dropped in December primarily due to a decrease in new orders and production
TROY ? Learn how to best position your company to take advantage of business opportunities abroad at the Global Economic and Industry Outlook for 2014 on Jan. 30 at Automation Alley?s headquarters. The event will answer such questions as how will the eurozone, China's GDP growth rate, geopolitical threats, shale oil discoveries, technological innovations and
SAN FRANCISCO - Heads up, Snapchat users: someone has allegedly comprised 4.6 million accounts, potentially exposing your usernames and phone numbers. The Snapchat account information apparently had been posted to a site called SnapchatDB.info by an individual or group determined to prod the 2-year-old photo-sharing service, which has more than 8 million adult users in
SAN FRANCISCO - Robbing ATMs is nothing new. There's the everlasting stick-em-up, the bogus card scheme, ATM phishing, and more. But, it appears new ways are being invented to pull off successful cash machine heists. It was recently revealed that thieves were able to access loads of ATM money by injecting machines with malware using