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FOR IMMEDIATE RELEASE – JANUARY 5, 2011 – ANN ARBOR, MICH. – Several Michigan companies recently received investments from the Michigan Pre-Seed Capital Fund, pushing the total investments made through the Fund to over $11.6 million. To date, 52 Michigan companies have received seed funding from the Michigan Pre-Seed Capital Fund, a collaborative effort of Michigan’s SmartZones.
“The Michigan Pre-Seed Capital Fund proves that innovation is thriving throughout the state,” said Skip Simms, administrator of
Continue reading: Michigan Pre-Seed Capital Fund Reports Investments Totaling $2.5 Million in 2010
By JEFFREY A. TRACHTENBERG of the Wall Street Journal (www.wsj.com)
The fallout from Borders Group Inc.’s decision to halt payments to some publishers began over the weekend, as a leading distributor said it would temporarily stop shipping books to the retail chain.
The chief executive of Rowman & Littlefield Publishing Group Inc., which publishes its own titles and distributes books for several hundred publishers through its National Book Network, said in an interview the company was taking
Continue reading: A Borders Supplier Holds Off
ANN ARBOR, Mich.–(BUSINESS WIRE)–Gold Star Mortgage is pleased to announce that Steve Kapp has joined the company as Chief Financial Officer. He will be responsible for the strategic management of Gold Star’s accounting and finance operations. Kapp’s expertise in mortgage pricing, financial analysis and secondary marketing will allow Gold Star to increase fluidity in a constantly changing marketplace.
“By leveraging Gold Star’s solid reputation across the United States, we will be able to dynamically drive
Continue reading: Steve Kapp Joins Gold Star as Chief Financial Officer
by Bank of Ann Arbor May 14, 2010 6:05
ANN ARBOR, MICHIGAN, MAY 14, 2010 – Bank of Ann Arbor, a wholly owned subsidiary of Arbor Bancorp, Inc, announced today that it assumed the deposits and acquired substantially all of assets of Plymouth, Michigan-based New Liberty Bank at the close of business today in a transaction facilitated by the Federal Deposit Insurance Corporation (“FDIC”). Pursuant to the terms of the Purchase and Assumption Agreement entered into
Continue reading: Bank of Ann Arbor Acquires Assets and Deposits of New Liberty Bank, Plymouth, Michigan
ANN ARBOR, Mich.—With the severe national recession of the past two years finally behind us, the pace of economic recovery will be slow and unemployment will remain high for quite some time, say economists at the University of Michigan.
"Based on the data currently available, the recession that began at the close of 2007 appears to have ended sometime this summer—the longest and steepest drop in output since the Great Depression," said U-M
Continue reading: Recession May Be Over, But Recovery Will Be Gradual
ANN ARBOR, Mich.— The University of Michigan Health & Retirement Study, conducted by the U-M Institute for Social Research, has been awarded four grants totaling more than $19 million over the next two years, the National Institute on Aging, part of the National Institutes of Health, announced today.
The awards are part of the American Recovery and Reinvestment Act funds and will supplement the cooperative agreement between NIA and the U-M ISR.
“The Health and Retirement Study
Continue reading: U-M Health & Retirement Study Receives $19 Million in Federal Stimulus Funds
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