GRAND RAPIDS ? Blue Medora has received $1.25 million in investments from Start Garden and Grand Angels. Blue Medora develops software for IBM Tivoli Monitoring and Oracle Enterprise Manager. Start Garden, a $15 million seed fund created by Rick DeVos, the grandson of Amway co-founder Richard DeVos, invested $500,000. Grand Angels, a regional group of
GRAND RAPIDS - The Michigan Small Business & Technology Development Center has received more than $3.3 million from the U.S. Small Business Administration to be used for continuing operations in the 11-regions of the state. The MI-SBTDC provides counseling, business education, information-based planning and technology commercialization to new and existing businesses throughout Michigan?s 83 counties.
ANN ARBOR ? The Michigan Small Business & Technology Development Center is offering a workshop on Jan. 17 at Washtenaw Community College to explain financial statements. This free event is co-sponsored by the Washtenaw CRA Association. Attendees can talk with experts and local service providers about angel Investors and venture capitalists, crowd funding, and fiscal
ANN ARBOR - Four Michigan companies have received a combined total of more than $156,000 through the Michigan Microloan Fund Program, bringing the total amount loaned through the Fund to more than $3.2 million. The companies received the funding to support commercialization of their core products. ?Funding through the Michigan Microloan Fund Program provides critical
DETROIT - The Small Business Administration has issued a call for applications from fund managers for the second year of its early-stage venture capital program. The application deadline is March 1, the federal agency said in a news release. The program is part of the SBA?s Small Business Investment Company, or SBIC, debentures program and
CHICAGO - What will 2013 bring for small business? Barry Moltz, a noted small business expert, said his 2012 predictions proved to be 80 percent correct, but 2013 is a tougher year to predict than last. 1. The economy will grow ? slowly. Quarterly GDP growth of about 2.5 percent becomes the new normal. What
WARREN - Women leaders will be honored by the Michigan Business and Professional Association at its 17th Annual Women and Leadership in the Workplace Symposium and Awards program on January 16, 2013 at The Henry in Dearborn. Registration starts at 7:30 a.m. followed by a lunch. The conference runs until 1:00 p.m. The event is
GRAND RAPIDS - Davenport University has named Michael R. Bowers, Ph.D., as Dean of the Donald W. Maine College of Business. He will begin in his new role on Jan. 7, 2013. Previously, Bowers was Academic Director for the Center for Advanced Entrepreneurship at Rollins College in Winter Park, Fla., where he served as Professor
DETROIT - Flextronics has acquired Rochester Hills-based Saturn Electronics & Engineering, Inc., a supplier of electronics manufacturing services, solenoids and wiring for the automotive, appliance, consumer, energy and industrial markets. Terms were not disclosed. Saturn Electronics & Engineering most recently reported more than $300 million in annual revenue, but no guidance on profitability. "Flextronics is
DETROIT - Sergio Marchionne, Chairman and CEO, Chrysler Group LLC and CEO, Fiat S.p.A., kicks off Inforum's New Year at its Annual Auto Showcase breakfast Jan. 18. At the helm of Chrysler's dramatic turnaround, Marchionne is bringing together two companies with cultures as different as its global brands Alfa Romeo and Jeep. Hear from Marchionne