SAN FRANCISCO - Venture capitalists in the United States pumped more money in the second quarter into early stage start-ups and more established businesses, but kept overall funding in line with the two-year quarterly average, according to a report released Tuesday. Venture investors poured a total of $5.8 billion into 750 companies throughout the period
KALAMAZOO ? Stephen Nelson, Ph.D, has joined Miller, Canfield, Paddock and Stone as senior technical specialist in the Intellectual Property and Information Technology Group. He will reside in the firm?s Kalamazoo office. Nelson has more than 30 years' experience as a scientist in medicinal chemistry, biological screening, and synthetic chemistry. He has prepared patent applications
LANSING - With a special mid-August revenue estimating conference expected to identify an increase in estimated tax collections for 2005-06, the debate is already on regarding how to use that money at a time when discussions are unresolved on the budget and how to approach restructuring the Michigan business tax. The Michigan Chamber of Commerce
ANN ARBOR. - Michael Imperiale, Ph.D., professor of microbiology and immunology at the U-M Medical School and chair of the U-M's Institutional Biosafety Committee, has been appointed to the U.S. Department of Health and Human Services' National Science Advisory Board for Biosecurity. Imperiale, along with 23 other voting-member scientists and individuals involved in biosecurity, began
KALAMAZOO ? The August Kalamazoo Venture Tuesday will include a two-year-in-review special session featuring companies currently incubating at the Southwest Michigan Innovation Center and a panel discussion examining the success of the Stick Around campaign. Earlier this month, Dow Venture Wire called Kalamazoo?s, ?one of the more impressive efforts? at building a biotech cluster. The
TROY ? What?s in a name? For Syntel, hundreds of thousands of dollars annually in advertising costs. So when a Texas company started using Syntel?s tag line Consider It Done, Syntel ordered the company to cease. When talking went no where, Syntel filed a lawsuit June 30 in U.S. District Count in Ann Arbor. Syntel
LANSING ? Michigan Senate Republicans for now are easing away from their business tax proposal to phase out the Single Business Tax, sources said on Wednesday. While no one will declare the SBT phaseout dead, sources acknowledged that the administration/legislative tax workgroup will probably develop another plan to cut business taxes. The Senate GOP had
DETROIT ? Mitechnews.Com has teamed up with Detroit SecureWorld Expo to give attendees a $50 savings off the two-day conference price. The Detroit SecureWorld Expo returns this fall to The Ford Conference and Events Center, September 21-22. SecureWorld Expo is a regional security conference series that brings together security professionals from IT and Physical security
DETROIT - Compuware Corp., which makes software to manage mainframe computers and large networks, said Thursday that its profit surged in its fiscal first quarter on lower costs and higher revenue. For the three months ended June 30, Compuware earned $24.6 million, or 6 cents per share, a sharp increase from $644,000, or break even
WASHINGTON DC ? FBI Director Robert Mueller will be a keynote speaker in August at the National InfraGard Conference in the nation?s capitol. Another keynote will be delivered by Colonel Danny McKnight, Inspiration for the book and movie Black Hawk Down. Conference Tracks include topics related to Maritime and Port Security, Computer Forensics, Cyber Security,