DETROIT - Wayne State University business students will head to Detroit’s iconic Guardian Building on Nov. 2 to vie for $1,750 in scholarship money as they compete in the fourth annual Mike Ilitch School of Business Elevator Pitch Competition. The students have a roughly 80-second ride on an actual elevator to summarize who they are,
GRAND RAPIDS - The Grand Rapids Chamber announced its EPIC Award winners this week that salute Entrepreneurial, Progressive, Innovative and Collaborative contributors in West Michigan. Each award category recognizes those who are leading in growth and innovation, strengthening our business community, enabling collaboration and connections, and accomplishing incredible endeavors with their focus on the future.
ANN ARBOR - A new report released this week show 56 percent of venture capital was invested in information technology startups over the past year. More than 25 percent of venture-backed startups in Michigan are now located in Detroit. The 2018 Detroit Entrepreneurial Ecosystem Report comes from EntryPoint, founded in 2018 by Emily Heintz, who
BOULDER, CO. - The average digital nomad is a married female Gen Xer who is an experienced employee working at a company at least 40 hours a week in the writing, education and training, or administrative career fields. She has health insurance, is saving for retirement, and has a bachelor's degree or higher. This according
KALAMAZOO - In its first 14 months of existence, Ka-Zoo Angels has invested $435, 000 in eight companies our of 19 startups vetted, a new report shows. Launched in 2017 by Grand Angels, one of the state’s most active angel investor groups, its affiliate has 14 members. Tim Parker, Grand Angels president, said the organization
BLOOMFIELD HILLS – Michigan Capital Advisor has made an investment in Ventech, the developer of the Liquid Heat Generator technology used by auto OEMs, Alternative Energy providers and Equipment applications. Terms of the deal were not disclosed. The Ventech LHG provides near instant heat for comfort and safety of the vehicle occupants, with vehicle warm up
ROYAL OAK - Invest Detroit’s Tember Shea interviews Peter Falzon, CEO, Ripple Science, which improves the recruitment and management of research participants. Ripple is a web-based software solution and active registry that facilitates the recruitment and management of research participants for clinical, translational and social science studies. Built from the ground up by researchers for
CANTON - Fusion Coolant Systems, a University of Michigan spin off, has raised an $8 million Series C financing round led by Boston-based Material Impact and Michigan Capital Advisors, two venture capital firms. The money will be used to grow the company’s staff, operations, equipment and personnel. The round was also strongly supported by existing
ANN ARBOR - The big winners Tuesday night at the Michigan Venture Capital Association awards dinner were Duo Security, Accelerate Michigan Innovation Competition, Jody Vanderwel and Strata Oncology. MVCA members voted to select the awardees for the Community Impact Award, the Exit of the Year Award, and the Up-and-Coming Company of the Year Award. Awardees
DETROIT — Guardhat, developer of a smart hard hat that monitors worker safety and health in industrial settings, announced it had closed a $20 million Series A funding round. The round was led by RTP Ventures, a New York City-based subsidiary of a Moscow, Russia-based venture capital firm, RuNet Holdings Ltd.. The round was joined
