Lakeside Software to Expand with New Ann Arbor Facility

Lakeside Software will grow its software development operations in Michigan, with a new location in Ann Arbor and an expansion to its existing operations in Bloomfield Hills.  The company recently received a Michigan Economic Growth Authority (MEGA) tax credit totaling $731,244 to help encourage the expansion. Lakeside Software plans to invest $6.1 million to expand …

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Three Companies Receive Combined $110,000 From Michigan Microloan Fund Program

Three Michigan companies recently received a combined total of $110,000 through the Michigan Microloan Fund Program, bringing the total amount invested through the Fund to over $1.69 million. GreenSand Corporation, iQ-Telematics and MyBandStock Corporation received the funding to support commercialization of their core products. Since the Michigan Microloan Fund Program was established in July 2009, …

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JAC Products Expands in Ann Arbor Region

Saline-based JAC Products received high-tech, five-year MEGA tax credits today to fund expansion in the Ann Arbor region.  JAC Products, which also has a location in Shelby Township, was approved today for MEGA tax credits totaling $572, 970 from the Michigan Economic Development Corporation and the State of Michigan. JAC Products is a leading tier …

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Dexter Research & Axiobionics Expand in Ann Arbor, Create New Jobs

Axiobionics and Dexter Research are expanding in Ann Arbor with MEGA tax credits from the State of Michigan. approved today. Dexter Research, founded in 1977, is a leading global manufacturer of infrared thin-film thermopile and silicon detectors that are used in OEM products in the automotive, gas analysis, medical, military and defense industries.   The company …

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“Open Source” Economic Development

Economic development in Michigan should take a page from the playbook of the ever-evolving software industry. Its “open source” philosophy – the source code that drives development should be open and available to all – is a model that can propel Michigan’s success in growing, retaining, and attracting business. Ann Arbor SPARK has taken steps …

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21CJF Update

New information about application content Have you read the FAQ regarding the 21st Century Jobs Fund competition recently?  Here’s the link: http://ref.themedc.org/cm/attach/18efd0c7-95d3-4a2f-89e4-cae672d8ecd2/20080428_FAQs.pdf Here are some highlights that shed more light on  the RFP. You already know there will be 2 types of loans, a straight loan and a convertible note.  Which will apply to you?  …

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MI Pre-Seed Capital Fund Q1 Investments

3 new investments made by PSF The Michigan Pre-Seed Capital Fund has made three more investments bringing the total number of investments to 22.  The three lastest investments were companies in Lansing, Kalamazoo and Ann Arbor. Two were life science companies and the third in homeland security and defense sector. Read the full press release …

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Looking for Angel Money?

Five Things I Learned at the Angel Capital Association Midwest Conference Richard Bruder of Enterprise Law Partners recently attended the Angel Capital Assoc. Midwest conference and came back with some interesting observations.  You can read his newsletter containing the five most important take-aways at http://www.elp-law.com/newsletters.php If you are trying to raise money from angels Richard …

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