LANSING - Oakland County's strategy to deal with the rapid downsizing of the auto industry is a diversify and survive approach, county leaders told a Senate committee on Tuesday. County Executive L. Brooks Patterson and economic development chief Dennis Toffolo said key areas are medical facilities, emerging sectors, the film industry, alternative energy and communications.
LANSING ? Gov. Jennifer Granholm said Tuesday that she will issue an executive order to cut the state's 2008-09 budget on May 5, but an agreement on what would be cut and by how much has still yet been reached. Granholm met into the early evening at her Capitol office with legislative leaders and Budget
ANN ARBOR - What is it that investors look for in a potential deal? What can an entrepreneur do to make sure her or she has positioned their company to raise money? Long time investor and entrepreneur Tom Porter, Entrepreneur in Residence at the University of Michigan Ross School of Business, talks about this vital
Ann ARBOR - A Michigan start up is developing a timely technology that will allow anyone to keep electronic copies or their medical records. Well SPINN Personal Health Records can do just that. SPINN was a showcase presenter at the April 16 meeting of the New Enterprise Forum. To listen, click on MITechNews.MediaRica.Com a>>
ANN ARBOR - Ventech, maker of a revolutionary rapid heating system known as the Liquid Heat Generator, can provide almost instant heat for school buses, reducing fuel consumption, and idle time. But the potential applications go into many other vehicles as well. To learn more about this innovative Michigan start up, a keynote presenter at
DETROIT - General Motors Corp. outlined a revamped survival plan Monday that would trade the federal government majority ownership of the ailing automaker in exchange for another cash infusion of $11.6 billion. The plan includes an ambitious debt-swap offer that moves the auto maker closer to restructuring through the bankruptcy court, shedding bondholders, as well
ANN ARBOR - Design patents are that esoteric twist in a product that makes it unique. And for companies, it is the difference that sets them apart from the competition, what makes the customer want to buy. So protecting these design patents is vital to a company's profits. Kelly Burris, an intellectual property attorney with
DETROIT - The United Auto Workers union said Sunday night that a settlement agreement has been reached with Chrysler LLC, Fiat SpA and the U.S. Treasury Department, The Wall Street Journal Reported. The UAW called the deal a "concessionary agreement" that was painful, but meets the Obama administration's tough demands. The deal alters the agreement
GRAND RAPIDS - The Michigan Small Business and Technology Development Center has appointed Carole Williams as its Finance Manager. In her role, Williams holds responsibility for the grants and financial management of the MI-SBTDC headquarters at Grand Valley State University. With this also comes responsibility for the financial oversight of the twelve MI-SBTDC statewide regional
GRAND RAPIDS - The Michigan Emerging Technology Fund, launched two years ago in partnership with the MI-SBTDC and the Michigan Economic Development Corp., has been awarded $1.4 million in 2009 to help fund opportunities for exceptional research and technical innovation generated in Michigan. To date, the Michigan ETF has received 150 applications and has awarded