TROY - Venture Michigan Fund II announced Monday it has made a $15 million investment in Flagship Ventures Fund IV, which invests in early-stage and later-stage companies. The Massachusetts company does not yet have a Michigan office. Credit Suisse?s Customized Fund Investment Group manages VMF II, which will make investment commitments totaling $120 million to
ANN ARBOR ? Ann Arbor SPARK is hosting another entrepreneur Boot Camp in March where participants will spend two full days learning how to identify critical issues for their business plans. Participants also will get an intensive and instructive way to gain critical feedback and advice about your business model, management team, competitive positioning, market
NORTHVILLE - Mitsubishi Electric Automotive America will supply a rear-seat entertainment system and new radio system to Mercedes-Benz for its 2012 M-Class and GL-Class vehicles. The radio is a full navigation system with voice recognition, a hard drive and a DVD player. An optional six-disc DVD changer is available. The interface - which resembles a
LANSING - The Michigan Strategic Fund and the Michigan Economic Development Corporation Tuesday announced a public hearing Feb 8 to accept questions and comments on the new Pure Michigan Venture Match Fund, which will providing matching investments in Michigan start-ups of up to $3 million. The hearing is scheduled from 10 a.m. to noon on
ANN ARBOR - The Center for Automotive Research Tuesday announced the launch of the Coalition of Automotive Lightweighting Materials to support efforts by auto manufacturers to aggressively down-weight vehicles to improve performance, fuel economy and safety. CALM is the first known organization of its kind to coalesce the strengths and knowledge of the aluminum and
TRAVERSE CITY ? Frontier Computer Corp. has been named a preferred North American distributor for Peplink Multi-WAN Routers - saving customers money and providing more reliability than leased lines. As demands for online video, VoIP telephony, and video conferencing increase, so does the need for Internet Bandwidth. Peplink Balance Multi WAN Routers allow educational institutions,
DETROIT ? More than a dozen of the 41 new vehicles launched during the press preview of the 2012 North American International Auto Show in Detroit were hybrid, plug-in hybrid electric or all-electric vehicles. But last year, only 20,000 full-electric or plug-in electric hybrids were sold in the United States, including 9,674 Nissan Leafs and
ANN ARBOR - Many healthcare organizations have Spanish-speaking staff who could serve as interpreters ? with the proper training. University of Michigan Health Services Interpreter Services offers a course ? Medical Interpreting for Spanish Speakers ? to teach your staff the skills they need to interpret competently. This course is open to all fully bilingual
DETROIT - Compuware Corporation reported Thursday night after the stock market closed that its net income fell to $21.6 million (10 cents per share) vs. $34 million (15 cents per share) a year earlier - a decline of 36.5 percent from the year earlier quarter. But revenue rose 2.4 percent to $253.1 million from the
LANSING - With a recent federal rule interpretation now allowing it, Michigan Lottery Director Scott Bowen told the House Regulatory Reform Committee on Wednesday that his agency was considering selling lottery tickets online as a way to boost sales. But that effort could see some legislative push-back based on responses from particularly Republican members. Bowen