LANSING - The Michigan Economic Development Corporation would operate a new $3 million venture capital matching fund for the state's technology companies under a proposal outlined Wednesday to the Michigan Strategic Fund Board. Mike Psarouthakis, vice president of business acceleration for the MEDC, said initial proposed funding would total $3 million, but the hope is
LANSING - Governor Rick Snyder signed into law Wednesday legislation setting up a new structure for the state's film incentive program. Snyder's signature on SB 569 (PA 291) means the state will provide incentives for film, television and video game projects made in the state of between 25 percent and 32 percent for costs of
GRAND RAPIDS ? MITechNews.Com is pleased to announce a joint agreement with MIBiz, starting in January 2012, to cover the technology beat for the West Michigan publishing group both in print and online. MIBiz, purchased recently by REVUE Holding Company, Inc., publishes a twice-monthly business newspaper in Grand Rapids, Battle Creek, Kalamazoo and along the
LANSING - Governor Rick Snyder signed into law Monday two of the most significant legislative packages of his administration to date when he approved bills addressing the state's debt to the federal government for unemployment aid, restructuring what jobs those receiving assistance would have to accept and overhauling the workers' compensation system. Overall, Snyder said
ANN ARBOR - Merit Network has deployed ADVA Optical Networking equipment at 16 nodes on the Merit backbone. The equipment, which consists of routers, switches and optical transport gear, will improve service to several community anchor institutions that are current Merit Members. The equipment will also interconnect with Merit's REACH-3MC network build-out, enabling the fast
SALINE - Pearl Crescent has launched an App that challenges users to build Christmas-related models using LEGO-compatible bricks. After you complete a model, the App allows users to use the camera on their iPhone, iPad2 or iPod Touch to check if the models are built correctly. Features: 16 interesting Christmas designs. Build using your own
GRAND RAPIDS - Startup Weekend is coming to Grand Rapids on Jan 13 to the Factory, where entrepreneurs and would-be entrepreneurs can develop business plans in just 54 hours. Startup Weekend recruits a highly motivated group of developers, business managers, startup enthusiasts, marketing gurus, graphic artists to build communities, companies and projects. It is known
SAN FRANCISCO - Sprint, which for weeks has defended its use of Carrier IQ software on mobile phones, is now disabling the software, a Sprint spokeswoman told CNET News.Com. "We have weighed customer concerns and we have disabled use of the tool so that diagnostic information and data is no longer being collected," spokeswoman Stephanie
ADA - Alticor, the parent company of Amway, has named former General Electric executive, Michael Cazer, as the company's chief financial officer. Cazer, 45, has been named executive vice president and chief financial officer of Alticor. In his duties as CFO, he'll serve as a member of the company's senior executive staff, reporting directly to
DETROIT ? Southwest Airlines is offering free photos with Santa for Holiday travelers at 21 airports around the country, including Detroit Metro Airport. Southwest has partnered with Microsoft in its Windows photo experience. The photos will be available at Gate D20 in the North Terminal through December 24. People can also enter a sweepstakes for