Accelerate Michigan Innovation Competition to Award More than $1 Million

Accelerate Michigan Innovation Competition is an inter­na­tional busi­ness plan com­pe­ti­tion that targets mid-to-late-stage busi­ness start-ups with poten­tial to gen­er­ate an imme­di­ate impact on Michigan’s econ­omy, as well as stu­dent con­cepts with longer-term busi­ness viability.  The grand prize in this competition is $500,000 with other prizes to be awarded. Complete eligibility and application information is available on … Read more

Battery Company Sakti3 Receives $4.2 Million from General Motors Ventures and Itochu Technology Ventures

Sakti3, Inc., an Ann Arbor, Michigan-based developer of next-generation lithium-ion batteries, announced earlier this month that it received an investment of $4.2 million from General Motors Ventures and Itochu Technology Ventures to advance the firm’s manufacturing capabilities. The companies also plan to work together to speed commercialization of Sakti3 battery cells. These two investors join previous investors … Read more