LANSING - The Michigan Economic Growth Authority Tuesday approved tax incentives for two companies choosing to expand or locate in Michigan, as well as two brownfield redevelopment projects and one significant brownfield amendment. According to the companies' estimates, the approved projects are expected to generate $121.3 million in new investment, and create or retain a
LANSING - Governor Rick Snyder and the state's top financial officials were in New York City on Monday meeting with the three rating agencies in an effort to improve Michigan's bond rating. Snyder, along with Treasurer Andy Dillon and Budget Director John Nixon, flew to New York Monday morning on a state plane to meet
LANSING - Businesses and destinations in the state have added $3 million so far to the total being spent for Pure Michigan advertising, the Michigan Economic Development Corporation announced Monday. Half of the new funding, itself double what outside sponsors provided for the 2010 campaign, comes from Mackinac Island, The Henry Ford and Traverse City,
SAN FRANCISCO - After Spain's national police arrested three hackers allegedly linked to Anonymous and the Sony PlayStation Network hacks, the amorphous collective claims to have successfully taken the agency's site offline in retaliation. According to a Saturday posting on AnonOps Communications, "Operation Policia (#OpPolicia) is the name for the successful DDoS (distributed denial of
ANN ARBOR ? Ann Arbor Angels have created an investment group lead by a group of experienced angel investors that have been dubbed the A2A ArchAngels. Ann Arbor Angels President Michael Cole said the ArchAngels have been meeting monthly since October 2010 and are actively reviewing and investing in new opportunities. Ann Arbor Angels also
LANSING - Details of a proposed map from House Republicans for the chamber as part of redistricting began to unfold Friday with Ottawa and Washtenaw counties gaining clout, Gongwer News Service has learned. House Republicans said Friday they will release their legislative redistricting maps June 17 with committee work to follow the week after. And
BIRMINGHAM - Great Lakes Angels will partner with the Canadian Consulate's office to host the annual Can-Am Cross Border Showcase June 14 to pitch some Ontario and American companies in front of Canadian and American investors. The four presenting companies include: Blaze Medical Devices LLC Branam Oral Health Technologies Luvali MyWclub Registration information is available
LANSING ? The Michigan Economic Development Corp. will have another $25 million available after October 1, when the new state budget begins, to fund innovation and entrepreneurship. How those dollars will be allocated has yet to be decided. Martin Dober, MEDC Senior Vice President of Entrepreneurship and Innovation, said the money will be used to
LANSING ? Syzygy Biotech Solutions, a Grand Rapids biotech company, won the $100,000 SmartZone Award at the Great Lakes Entrepreneur's Quest business plan contest at the James B. Henry Center on the Michigan State University campus. Syzygy produces biological reagents for use in DNA amplification, a fundamental and growing part of all DNA testing, related
LANSING - Fewer Michigan residents use wireline telephones, and of those who do, more are opting for competitors to the incumbent providers, according to a report released Tuesday from the Public Service Commission. The annual telecommunications competition report showed wireline service had declined another 7 percent between 2009 and 2010 to about 3.63 million lines.