DEARBORN - The Accelerate Michigan Innovation Competition has announced that its 2011 "Spirit of Michigan" recipient is Mike Jandernoa, founder of Jandernoa Entrepreneurial Mentoring and former CEO of Perrigo. Jandernoa will be honored during the AMIC's second annual gala awards on Nov. 17 at the Henry Ford Museum in Dearborn. As CEO, Jandernoa took Perrigo
ANN ARBOR ? The Michigan Business Challenge kicks off Nov. 14 with a chance for competing student teams to share in more than $60,000 in prizes and the opportunity to travel to other intercollegiate business plan competitions for additional rewards. The contest is sponsored by the Samuel Zell & Robert H. Lurie Institute for Entrepreneurial
TROY - Women In Defense Michigan Chapter ? a networking and development organization for those who contribute to the national defense and security professions ? announced the winners of its Horizon Industry Awards for exceptional individual and team work, as well as its HORIZONS-Michigan scholarship recipients. The awards were presented during WID's third annual Black
WASHINGTON D.C. - State and federal authorities follow the movements of thousands of Americans each year by secretly monitoring the location of their cellphones, often with little judicial oversight, in a practice facing legal challenges, The Wall Street Journal reported Wednesday. Electronic tracking, used by police to investigate such crimes as drug dealing and murder,
OAK PARK ? Hybrid bus maker Azure Dynamics Corporation closed the previously announced equity investment by a strategic investor, a wholly-owned Canadian subsidiary of Johnson Controls. In return, Johnson Controls acquired, on a private placement basis, 30,796,969 common shares of Azure, at a price of CDN$0.165 per common share, for gross proceeds to Azure of
LANSING - The State of Michigan's Martin Luther King-Cesar Chavez-Rosa Parks Initiative has been awarded a seven-year, $46 million grant from the U.S. Department of Education to support 10,000 low-income students in 49 school districts throughout Michigan to enter and succeed in college. ?For Michigan to thrive, we must tap the intellectual resources of all
ANN ARBOR - Seven businesses in the region are winners of this year's annual FastTrack awards that recognize companies that have demonstrated consistent growth. Several of the 2011 FastTrack award recipients were multiple year winners, demonstrating long-term business growth. Recipients of 2011 FastTrack awards were required to have revenue of at least $100,000 in 2007,
LANSING - Fifty-four small and midsize companies from around Michigan have been selected to receive business development support through the Pure Michigan Business Connect Economic Gardening Pilot Program offered by the Michigan Economic Development Corporation. ?The goal of this program is to help these second-stage companies grow and in turn, generate new private investment and
DETROIT - ardentCause L3C has been selected as a recipient of Invest Detroit's First Step Fund financing. Terms were not announced. Additionally, ardentCause has added Norm Keane to its Board of Advisors. ?Both of these steps are significant,? said Rosemary Bayer, ardentCause?s CEO. ?Invest Detroit?s First Step Fund has shown faith in our ability to
LANSING -The $1.4 billion in new revenue needed for the state's road system should come from more than just vehicle registration fees, a leading advocate said, urging the inclusion of additional revenue from overhauling the gasoline tax. Mike Nystrom, executive vice president of the Michigan Infrastructure and Transportation Association, said Governor Rick Snyder has displayed