Archive

U-M Launches Venture Shaping Program To Turn Ideas Into Startups

ANN ARBOR - The University of Michigan is launching the Mayleben Family Venture Shaping Program through the Zell-Lurie Institute for Entrepreneurial Studies to teach student teams from across U-M how to transform identified opportunities into business. The new program is being funded by a gift from Aastrom Biosciences president & CEO Tim Mayleben (a U-M

By |2012-03-05T00:00:00-05:00March 5th, 2012|Archive, Entrepreneur Corner|

MITechNews Co-Hosts Entrepreneur Mixer March 13 With TiE Detroit

GRAND RAPIDS - MITechNews.Com is co hosting an entrepreneurial networking event on March 13 at the University Club to introduce TiE's Detroit chapter to West Michigan. Clark Hill PLC is co sponsor. Talent, Ideas and Enterprise (TiE) was founded in 1992 in Silicon Valley. TiE's mission is to foster entrepreneurship globally through mentoring, networking, and

By |2012-03-03T00:00:00-05:00March 3rd, 2012|Archive, TiE Detroit|

Unions Set To Pursue Constitutional Amendment Barring Right-To-Work

DETROIT - A coalition of unions will undertake a petition drive to place a proposed constitutional amendment on the November ballot protecting the right to collectively bargain and banning the state from enacting a right-to-work law. The Detroit News reported Thursday evening that UAW President Bob King, addressing members in Washington, informed them that a

By |2012-03-02T00:00:00-05:00March 2nd, 2012|Archive, Events/Announcements|

Duo Security To Get $5 Million In Venture Capital Round, Including Google

ANN ARBOR - Duo Security has been promised $5 million in venture capital financing, including cash from the investment vehicle of Google. Google Ventures, Silicon Valley-based True Ventures and Ann Arbor-based Resonant Venture Partners invested in Duo, officials announced this week. True Ventures and Resonant were previous backers of Duo, which raised $1 million in

By |2012-03-02T00:00:00-05:00March 2nd, 2012|Archive, Events/Announcements|

Rubicon Selects Velesco To Make TransPLEX Breast Cancer Test Kits

ANN ARBOR - Rubicon Genomics announced that it has selected Kalamazoo-based Velesco Pharmaceutical Services to manufacture the TransPLEX kits it will be supplying for use with Agendia's breast cancer diagnostics. Terms of the agreement were not disclosed. Velesco is a provider of analytical method development, drug formulation, stability testing and consulting services to biotech and

By |2012-03-02T00:00:00-05:00March 2nd, 2012|Archive, Life Sciences/Biotech|

Molecular Imaging Closes Series A Round At $9.9 Million

ANN ARBOR - Molecular Imaging Inc. has closed its Series A financing round, originally targeted for $8.5 million, at $9.9 million. The company said it secured a $2.5 million investment from Beringea, Michigan?s largest venture capital fund, through the $185 million InvestMichigan Growth Capital Fund ? plus another $350,000 from existing shareholders Baird Venture Partners

By |2012-03-02T00:00:00-05:00March 2nd, 2012|Archive, Life Sciences/Biotech|