Micro-loans SPARK 12 new Michigan companies

ANN ARBOR, Mich., April 10, 2012 /PRNewswire via COMTEX/ — Twelve Michigan companies have received a combined total of more than $444,000 through the Michigan Microloan Fund Program, bringing the total amount loaned through the Fund to more than $2.4 million. The companies received the funding to support commercialization of their core products.

Connecticut TechStart Program fuels Yale start-ups

Three firms founded by Yale engineers are reaping the benefits of a startup incubator program launched last month by Connecticut Innovations, the state’s quasi-public authority responsible for technology investments.