Seven Companies Receive Michigan Microloan Fund Program Awards

Seven Michigan companies have received a combined total of more than $232,000 through the Michigan Microloan Fund Program, bringing the total amount loaned through the Fund to more than $2.8 million.  The companies received the funding to support commercialization of their core products. “This latest round of Michigan Microloan Fund Program investments support an impressive range of innovations from around the state,” said Skip Simms, senior... [Read More...]

U-M students launch small engine efficiency start-up

Lihang Nong is fascinated with engines, especially small ones. The University of Michigan student, who is pursuing a masters in mechanical engineering, is turning that passion into a sustainability-oriented start-up, PicoSpray. PicoSpray is developing a super efficient fuel-injection system for the kinds of small engines that drive motorcycles and lawnmowers. The idea is to create a cost-efficient system that is both fuel efficient and cleaner. Nong... [Read More...]