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University of Michigan Wolverine Venture Fund Celebrates Fourth Portfolio Company Exit

Acquisition of Mobius Microsystems Continues Positive Momentum for Country’s First Student-Led Venture Fund

ANN ARBOR, Mich., Feb. 23 /PRNewswire/ — The Wolverine Venture Fund (WVF), part of the University of Michigan’s Samuel Zell & Robert H. Lurie Institute for Entrepreneurial Studies at the Ross School of Business, today announced another exit for one of its portfolio companies, Mobius Microsystems.  A leader in precision all-silicon oscillator technology, Mobius Microsystems was acquired by IDT (Integrated Device Technology, Inc.;

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U of M Zell Lurie Awards $98,500 to Business Competition Winners and Dare to Dream Startup Grant Recipients

Ambiq Micro Receives Pryor-Hale Award for Best Business

ANN ARBOR, Mich., Feb. 25 /PRNewswire-USNewswire/ — The Samuel Zell & Robert H. Lurie Institute for Entrepreneurial Studies at the University of Michigan Ross School of Business today announced winners of its 2009-2010 business plan competitions — Michigan Business Challenge awards and Eugene Applebaum Dare to Dream Grants.  Award winners and grant recipients receive funding totaling nearly $100,000 for excellence in new business plans and concepts.

Award-winner Ambiq

Continue reading: U of M Zell Lurie Awards $98,500 to Business Competition Winners and Dare to Dream Startup Grant Recipients

Rick Snyder Launches Online Contest To Choose Next Campaign Commercial: “Pick Rick’s Ad”

Ann Arbor, MI –Today, Rick Snyder’s gubernatorial campaign launched a contest allowing supporters to choose the campaign’s next television advertisement which will air statewide for more than a week. Supporters can log on to www.rickformichigan.com/pick-ricks-ad to watch and vote for either “Superman” or “Grindstone.” The contest begins immediately and will continue until Monday, February 22nd at noon.   

The innovative contest allows people to earn points by signing up, asking others to sign up, and contributing to

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Enertia Wins 2009-2010 Clean Energy Prize

Team earns $50,000 with patented device to replace batteries in small electronics

ANN ARBOR, Mich., Feb. 15 /PRNewswire/ — Enertia, a team of three University of Michigan graduate students with a plan to harness vibrations to power small electronics, won the top prize of $50,000 in the 2009-2010 Clean Energy Prize business plan competition.

The final rounds of competition were held Friday at U-M’s Ross School of Business.

Enertia impressed the judges with its plan for a

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Ann Arbor SPARK Assists Applicants With Recovery Zone Bonds

ANN ARBOR, Mich., Feb. 15 /PRNewswire/ — Ann Arbor SPARK is assisting applicants with funding available through Recovery Zone Economic Development and Facility Bonds.  Appropriated through the American Recovery and Reinvestment Act of 2009, Recovery Zone Bonds provide reduced rate financing and stimulate economic growth in Recovery Zones. 

In Washtenaw County, over $33 million is available through the Recovery Zone Facility Bonds program.  An additional $17 million is available in the City of Ann Arbor

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Judges Selected for Clean Energy Prize Final Rounds

Include leading entrepreneurs, venture capitalists, and industry executives

ANN ARBOR, Mich., Feb. 4 /PRNewswire/ — The judges who will determine the winner of the 2009-2010 Clean Energy Prize know what it takes to turn a new idea into a successful business. Clean Energy Prize organizers have assembled 13 leaders from venture capital firms, major industrial companies and new-technology businesses to judge the semi-final and final rounds of the competition on Feb. 12 at the University of

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