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SOUTHFIELD—Under a spectacular sunny sky on a crisp autumn afternoon, students from Lawrence Technological University and six other universities showed off their race car building skills Saturday at Lawrence Technological University’s 12th Grand Prix. Along with Lawrence Tech, teams from Ferris State University, Grand Valley State University, Hope College, Oakland University, the University of Toledo,
EAST LANSING – Community solar expansion in Michigan would contribute nearly $1.5 billion to the state’s economy over the next three decades, according to a study released today by Michigan State University. The study, conducted this fall by MSU Product Center/Center for Economic Analysis, examined the impact an expansion of 900 megawatt of community solar
SAN FRANCISCO – A new survey shows 69 percent of remote employees have another full or part-time job. Thirty-seven percent of respondents with multiple jobs have a second full-time job, 45 percent of whom say they work remotely. Additionally, most people with two full-time jobs work fewer hours than the standard for full-time employment. Forty-seven
DETROIT - Arnold Schwarzenegger said any world leaders warning that fighting the climate crisis would damage the economy were "liars" or "stupid." "All of these countries that come and give speeches, 'We are not going to go and lose jobs because of going green,' and all this other stuff, they're liars or they're just stupid
ANN ARBOR—The University of Michigan has reported a record number of license and option agreements over the past fiscal year, as well as patents issued, further solidifying its position as a leading university for commercializing research and technology. The university signed 287 license and option agreements with companies seeking to commercialize U-M research discoveries during
DETROIT – Benzinga CEO Jason Raznick announced Monday that Beringer Capital purchased a majority stake in the financial news service he created in his basement in 2010. He also said in his announcement that Benzinga now has a market value of $300 million, although he did not disclose the terms of the deal. Raznick has
LANSING - Gov. Gretchen Whitmer seeks to inject $200 million into Michigan technology startups using federal pandemic relief funds, as part of a broader $1.52 billion proposal for using federal American Rescue Plan Act funding that Congress approved in March. Whitmer’s Startup Resiliency Initiative would put $140 million into direct equity investments in tech startups
DETROIT - The US Economic Development Administration’s Office of Innovation & Entrepreneurship is awarding TechTown Detroit a grant of $400,000 to unlock angel capital and diversify angel investing throughout Michigan and the Great Lakes region. The grant is part of the Build to Scale Program, which aims to accelerate technology entrepreneurship by increasing inclusive access
TRAVERSE CITY - FirstIgnite was the audience favorite at the TCNewTech pitch event earlier this month winning the $500 prize provided by 4Front Credit Union. Co-Founder and CEO, Chase Bonhag presented his emerging startup to an audience at The City Opera House. The event was live streamed on the TCNewTech Youtube Channel and LinkedIn. The
KALAMAZOO - The Southwest Michigan First Board of Directors has selected Jonas R. Peterson, CEcD, to serve as chief executive officer for the Southwest Michigan regional economic development organization. Peterson’s appointment follows a six-month national search that prioritized community input and inclusivity. “After a rigorous national search, Jonas Peterson rose to the top as the
