GRAND RAPIDS – New Community Transformation Fund (NCTF), a statewide venture capital fund based in Grand Rapids, announced today the first close of its new $20 million Fund II. The public-private fund includes an investment of up to $9.8 million from the Michigan Economic Development Corporation’s Small Business Venture Program. The state investment requires NCTF to raise
ANN ARBOR - Bitcoin, cryptocurrencies, gold, and silver are all declining at the same time — an unusual alignment that suggests investors are reassessing risk across the board. For Michigan, where manufacturing, supply chains, and capital planning dominate economic thinking, the selloff offers a revealing signal about how markets are responding to tighter financial conditions
DETROIT - Detroit’s launch of a new microgrant program aimed at helping small businesses adopt modern technology underscores a much larger challenge facing Michigan’s innovation economy: early-stage tech companies and digital-dependent small businesses are chronically underfunded at precisely the moment when technology investment is becoming essential to survival and growth. City officials, working with the
ANN ARBOR - A statewide planning effort has kicked off a public survey that could shape an ambitious new north–south passenger rail line in Michigan, potentially linking Ann Arbor with Traverse City and points north. While the project remains in early planning stages, proponents say it’s time to talk not just about where trains run
LANSING — The Michigan Department of Labor and Economic Opportunity is encouraging manufacturers and their workforce/non-profit partners to apply for a share of $260,000 in funding to develop and implement transportation programs that improve employee retention, productivity and access to work. The Reliable Rides Incentive Grant Pilot Program builds on the recently-released Reliable Rides: Connecting
ANN ARBOR — Plans for a six-story apartment complex next to Trader Joe’s on East Stadium Boulevard are moving forward as part of a broader effort to address continued demand for rental housing in Ann Arbor. With more than 27,500 renter-occupied units in the city — about 55 % of all housing — and vacancy
ANN ARBOR - A dramatic new test-flight video released by a California aviation startup has reignited one of technology’s oldest promises: the flying car. The footage shows a compact electric vehicle lifting vertically from the ground, hovering smoothly, and settling back down under full control—a small flight by aviation standards, but a major psychological milestone
LANSING — A new federal tax deduction signed into law by President Donald Trump could shave a few hundred dollars off the tax bills of some Michigan residents who finance new vehicles, but auto industry analysts and financial advisers say the bigger money question for most buyers still comes down to how they pay for
WIXOM - Teradyne Robotics, the global leader in advanced industrial collaborative and autonomous mobile robotics, announced it will open a new U.S. Operations Hub in Wixom in 2026. This strategic expansion reflects Teradyne Robotics’ commitment to operating close to its customers and meeting the growing manufacturing demand in the U.S. and the Americas. The new
WIXOM - Bluewater Technologies Group announced a strategic partnership with integrated marketing agency thunder::tech. The collaboration brings together two companies with a shared vision for creating immersive, end-to-end brand experiences that connect physical environments with digital storytelling and measurable engagement. Founded in 1985, Bluewater has built a national reputation for delivering impactful experiential moments through
