LANSING - A new 25 percent state Small Business Investment Tax Credit, designed to encourage investments in start-up and early-stage Michigan technology companies, is aiming to help Michigan entrepreneurs secure capital and reduce risks associated with a new business or novel technology. ?Michigan?s growing technology culture can only get stronger with this incentive to foster
LANSING ? Gov. Rick Snyder delivered a budget surprise Monday when he announced his recommendation for the 2011-12 fiscal year budget will propose no cuts to Medicaid reimbursement rates. Snyder will unveil his budget recommendation Thursday. Snyder administration officials have said it will propose no one-time sources of funds be used to close a $1.8
YPSILANTI ? The New Enterprise Forum celebrates its 25th anniversary Feb. 17 at the Eastern Michigan University Student Center with a gala to showcase the top elevator pitches, the volunteer coaching teams who improved their pitch-power, the service providers who assisted their entrepreneurial endeavors, and the meeting sponsors and volunteers who worked behind the scenes
ANN ARBOR - Six teams moved on to the semi-final round of judging in the Clean Energy Prize competition, which will be held Feb. 18. The surviving teams are pitching new, clean-energy business ideas that range from a new way to finance energy efficiency upgrades for municipal buildings to a new model for the biomass
DETROIT - Buoyed by a $2 million warchest and no clear Republican challenger at the moment, U.S. Sen. Debbie Stabenow (D-Lansing) focused on economic issues during a speech to Democrat convention-goers on Saturday. It was only at the end of the speech Stabenow really referenced the upcoming 2012 election, where she is the top state
LANSING - Farmers are hailing legislation that would give them further legal protections for complying with the Michigan Agriculture Environmental Assurance Program, but environmental groups are arguing the legislation provides protections for large animal operations. Under the bills, SB 122 and SB 123 , reported from the Senate Agriculture Committee this week and HB 4212
LANSING - Future power plants will only have to show that they meet state and federal environmental standards, not that the plant is actually needed, Natural Resources and Environment Director Dan Wyant said Friday after issuing permits for a new plant in Holland. Wyant, in an interview with Gongwer News Service, said two courts had
LANSING - While many leaders throw around taxation and the Michigan Business Tax as major impediments to attracting new business to Michigan, the slowdown in approvals of incentives is actually a much larger roadblock to making the state attractive to new companies, newly appointed Michigan Economic Development Corporation CEO Michael Finney said last week. He
DETROIT - After facing perhaps the most overwhelming defeat in the modern history of the Michigan Democratic Party in 2010, the party will undergo a "top to bottom review" of how it does business, newly re-elected Chair Mark Brewer said Saturday. Brewer won a ninth term as party chair with a unanimous vote of the
GRAND RAPIDS ? The Michigan Small Business and Technology Development Center has won a $1,622,560 grant to expand access to programs to help entrepreneurs start or grow their businesses and create jobs. The head of Michigan?s program, Carol Lopucki, said the grant will be a big help to that state?s Small Business and Technology Development