The Biden administration is announcing an investment of $5 billion in a public-private consortium aimed at supporting research and development in advanced computer chips.

Attendees will have an opportunity to engage in insightful discussions, network with like-minded individuals and gain valuable insights into the world of angel investing and startup growth.

The University of Michigan generated 16 new startup companies and 433 new inventions during the fiscal year 2021-22.

A global high-tech company has chosen a Michigan city as the site for its new electric vehicle battery manufacturing facility, and is investing billions of dollars into the project.

The Washtenaw County Board of Commissioners approved a "historic" investment on Wednesday night.

Here are some steps that you can take to stretch your money.

The company helps organizations monitor and access risks across their internet assets to prevent unwanted cyber-attacks and vulnerabilities.

This week on Flashpoint, we’re talking with automotive experts about the future of electrification.

Toyota plans to use ACM as a research and development hub for future advanced and automated driver assistance technology.

Workit Health reported a 400% increase in membership during the COVID-19 pandemic.

Governor Gretchen Whitmer today joined a group of business, state, and local officials to celebrate the groundbreaking of Speedrack Products Group’s new manufacturing facility in Walker, thanking the storage systems provider for their continued investment in Michigan that will create 164 new jobs.

The former Cadillac Stamping Plant building that has been mostly vacant since the 80′s will soon be a new $48 million automotive and manufacturing industrial facility.

Two projects building on Governor Gretchen Whitmer’s Back to Work Michigan plan expected to generate total private investment of $27.2 million, create 279 jobs.

Two projects building on Governor Gretchen Whitmer’s Back to Work Michigan plan expected to generate total private investment of $27.2 million, create 279 jobs.

Special-purpose acquisition companies, better known as SPACs, have been embraced by big institutions and small-pocketed investors alike.

ANN ARBOR – The Song Foundation has donated $100,000 to maximize impact in local COVID-19 relief efforts, announced United Way of Washtenaw County on Monday. The gift was made as a match program so that any year-end gift to UWWC’s Community Impact Fund will be matched. In March, the Song Foundation committed $1 million to the Office of Community and Economic Development of Washtenaw County to establish an emergency relief fund for small local businesses. Needs of the local community have surged since the pandemic began, putting pressure on nonprofit agencies. “We encourage employees making Community Impact Fund gifts to see whether it qualifies under their company’s matching gift program.”For more information or to make a donation, visit www.uwwashtenaw.org.

ANN ARBOR – In mid-November, it was announced that Recycle Ann Arbor received significant investments to rebuild its materials sorting facility that had been closed since 2016. Recycle Ann Arbor came up with the rest in the largest-ever fundraising effort for the 40-year-old organization. CEO of Recycle Ann Arbor, Bryan Ukena, said the new state-of-the-art facility will eliminate the need to send the city’s recyclables across state lines. Recycle Ann Arbor will be using the shell of that building for its new facility, and will install all new equipment. The land is owned by the city, and Recycle Ann Arbor has a ground lease to lease the land and outer building.

Workit Health co-founders Robin McIntosh and Lisa McLaughlin. ANN ARBOR – Workit Health, a virtual provider of substance use disorder care, announced Tuesday it raised $12 million in its latest funding round led by FirstMark Capital. Workit Health serves individuals, employers and healthcare organizations with its evidence-based telemedicine addiction care. People at all stages of addiction recovery can access Workit’s nonjudgmental and personalized programs. “Robin and Lisa’s commitment to Workit Health’s success goes beyond what is typically described as mission-driven.

ANN ARBOR – Recycle Ann Arbor was selected by the American Beverage Association to receive an $800,000 investment under its Every Bottle Back initiative to rebuild and reopen the city’s shuttered recycling facility. The closure of the city’s Materials Recovery Facility in 2016 subsequently diverted the processing of recyclable materials -- including the industry’s 100% recyclable polyethylene terephthalate plastic bottles --across state lines. “Local processing of recyclables brings a range of environmental, economic, and social benefits, creating a regional hub that will allow recycling to flourish,” Bryan Ukena, CEO of Recycle Ann Arbor said in a statement. Recycle Ann Arbor looks forward to bringing its 42 years of experience as a mission-based community recycler to the collaboration.”✉ Like what you’re reading? Overall, the beverage industry has committed to funding 11 initial projects like the reopening of the Ann Arbor recycling facility under Every Bottle Back to ensure its bottles are properly remade instead of polluting beaches, lakes or ending up in landfills.

The advertiser paid a fee to promote this sponsored article and may have influenced or authored the content. Host Tati Amare chatted with Dewey Steffen, CEO and Chief Investment Officer of Great Lakes Wealth, about how to make a financial plan. Steffen suggested preparing a financial plan now for 2021. Great Lakes Wealth also started a program called “Our Fee to Your Charity.” This helps the new client and existing clients give back. If you become a new client before Dec. 31, the company will donate half of their fee to your chosen charity.

Host, Jason Carr chatted with Dewey Steffen, CEO and Chief Investment Officer of Great Lakes Wealth, about how they can help you prepare for the future. Great lakes Wealth is a registered advisory firm in Northville, Mi. Great Lakes Wealth suggests preparing a financial plan now for 2021. They also started a program called " our fee to your charity" This program helps the new client and existing clients give back. If you become a new client before December 31st, Great Lakes Wealth will donate half of their fee to your chosen charity.

Gretchen Whitmer and Huntington have announced a $5 billion commitment toward Michigan businesses, affordable housing and community efforts. The five-year lending, investment and philanthropic plan aims to help improve financial opportunities for Michigan businesses, consumers and communities. It’s part of a $20 billion community plan Huntington Bancshares announced Sept. 1. The plan will evolve as Huntington listens and takes action to meet the changing needs of Michigan’s communities, according to state officials. “This is an opportunity to take a more deliberate approach toward investing in the people and businesses that will have the greatest impact in our communities,” Michigan Lt. Gov.

ANN ARBOR Amazon has made the first corporate gift to the University of Michigans Accelerate Blue Fund, a philanthropic venture fund aimed at investing in and commercializing technologies developed at the U-M. Accelerate Blue will make investments in U-M tech startups working on various technologies in areas like artificial intelligence, cybersecurity, mobility and sustainability. Returns on investments go back into the fund which creates a source for evergreen funding -- funding that is done incrementally. Through the $200,000 donation from Amazon, Accelerate Blue has collected around $1 million, half of its 2020 goal. The Accelerate Blue Fund was approved by the Universitys Board of Regents in October 2019 and created by University of Michigan Tech Transfer, a U-M unit responsible for commercializing U-M research discoveries.

ANN ARBOR The University of Michigan and health care investment firm Deerfield Management Co. announced Wednesday a new partnership with the aim of developing life-saving drugs and disease treatments. Deerfield has committed up to $130 million over the next decade in biomedical research at U-M. The University of Michigan has a strong legacy of drug discovery and translation, Rebecca Cunningham, U-M vice president for research said in a news release. Great Lakes Discoveries will support all preclinical stages of drug development and discovery. "With its vast research platform, the University of Michigan is the ideal partner and we look forward to the innovations that we expect this alliance will bring.