Another weapon in the fight against cancer could be coming to Michigan sooner rather than later. A consortium of six hospitals, two from Ann Arbor, are working together to create a proton beam therapy facility in the state.
Half a million dollars may sound like peanuts to some major corporations, but a $500,000 gift from the American Electric Power Foundation means a lot to Eastern Michigan University. The money will help keep the school's new science equipment up to snuff for years.
Barnes & Noble may be shifting its gaze toward Borders whose Ann Arbor headquarters employs roughly 1200.
Plenty of people are looking for investment opportunities in southeast Michigan, and the recent Michigan Growth Capital Symposium in Ypsilanti was the place to find it last week.
Venture capital strikes again in Ann Arbor. This time Tissue Regeneration Systems is the recepient, getting a $2 million infusion from Venture Investors.
Once upon a time, Detroit's auto industry was founded on the visions of its leaders and the risks investors made supporting them. While start-ups drive innovation, venture capital is the fuel that feeds their engine. So, where do promising new companies go to raise the funds they need to succeed and stay local? For 27 years the Michigan Growth Capital Symposium has helped provide an answer. The annual two-day event starts today in Ypsilanti. Could it provide the missing link to Michigan's economic evolution?
In a time of war is it any wonder a firm like Ann Arbor's Solidica is going after more military contracts. The wireless sensor development firm has created 15 jobs in the last two years and hopes to do so again in the next two.
Esperion Therapeutics lives again in Ann Arbor now that one of its co-founders and a gaggle of venture capital companies have spent $22.75 million to buy it back from Pfizer.
Sentinely Technologies has big plans for Ann Arbor. The IT firm based in the Chicago area hopes its new Tree Town office will reach $5 million in sales this year, double that next year --all while creating 5 to 8 new jobs in the same time frame.
More venture capital money is landing in Ann Arbor. A trio of local VC firms are investing $1 million into Tree Town-based Accord Biomaterials latest innovation.
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