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Posts Tagged ‘Michigan’

Michigan touts itself as a hub for venture investments (infographic)

Tuesday, April 30th, 2013

MGCSAlthough well-established venture capital hubs like California and New England are leaders in venture capital, regional hubs are playing an increasingly critical role as consistent drivers of venture-backed companies. In the Midwest,Michigan is on the rise as an investment hot spot and this infographic details the impact such activity will continue to have on job creation, revenue growth and industry development.

Organizers of the Michigan Growth Capital Symposium (MGCS) unveiled a new infographic that demonstrates the factors driving Michigan’s growth as an investment hub.

You can view the infographic here:

CEOs rate best states for business: Texas No. 1, NC slips, Florida rises

Wednesday, May 2nd, 2012

TexasFor the eighth year in a row, CEOs rate Texas as the #1 state in which to do business, according to Chief Executive magazine’s annual Best & Worst States Survey, released today.

Florida rose one spot to take the #2 rank, while North Carolina slipped to #3.

Tennessee remained at #4 while Indiana climbed a spot to capture the #5 rank. CEOs named the worst states to do business as California, New York, Illinois, Massachusetts and Michigan.

The Best & Worst States Survey measures the sentiment of CEOs on business conditions around the nation.

For the 2012 survey, 650 CEOs from across the country evaluated the states on a broad range of issues, including regulations, tax policies, workforce quality, educational resources, quality of living and infrastructure.  The survey was conducted from Jan. 24 to Feb. 26, 2012.

Louisiana biggest gainer

Louisiana was the biggest gainer in the survey, rising 14 spots to be the #13th most attractive state in the country to do business. The biggest loser was Oregon, which dropped nine spots to #42.

CEOs surveyed said California’s poor ranking is the result of its hostility to business, high state taxes and overly stringent regulations, which is driving investment, companies and jobs to other states.

According to Spectrum Locations Consultants, 254 California companies moved some or all of their work and jobs out of state in 2011, an increase of 26 percent over the previous year and five times as many as in 2009.

“CEOs tell us that California seems to be doing everything possible to drive business from the state. Texas, by contrast, has been welcoming companies and entrepreneurs, particularly in the high-tech arena,” said J.P. Donlon, Editor-in-Chief of Chief Executivemagazine and

“Local economic development corporations, as well as the state Texas Enterprise Fund, are providing attractive incentives. This, along with the relaxed regulatory environment and supportive State Department of Commerce adds up to a favorable climate for business.”

Inhospitable business environments mean less jobs, as entrepreneurs and established corporations seek more cost-efficient and tax-friendly locales, said Marshall Cooper, CEO of Chief Executive magazine and  “This survey shows that states that create policies and incentives are rewarded with investment, jobs and greater overall economic activity.”

For complete results, including individual state rankings on multiple criteria, methodology and more, please

Best 5 States for Business Rank 2012 Rank 2011
Texas 1st 1st
Florida 2nd 3rd
North Carolina 3rd 2nd
Tennessee 4th 4th
Indiana 5th 6th
Source:  Chief Executive magazine (              
Worst 5 States for Business Rank 2012 Rank 2011
California 50th 50th
New York 49th 49th
Illinois 48th 48th
Massachusetts 47th 45th
Michigan 46th 46th
Source:  Chief Executive magazine (              
2012 Biggest Gainers Positions Gained
Louisiana +14
Mississippi +8
West Virginia +8
Ohio +6
North Dakota +6
Source:  Chief Executive magazine (


2012 Biggest Losers Positions Lost
Oregon -9
Kentucky -8
New Hampshire -8
Nebraska -7
Minnesota -7
Source:  Chief Executive magazine (                                                

Ten states toughest on texting while driving

Friday, December 23rd, 2011

Texting while driving in Utah could be costly.

So how do you feel about the National Transportation Safety Board’s recommendation for a national ban on talking or texting on a cell phone while driving? We know many tech execs, venture capitalists and entrepreneurs who are so attached to their smartphones – even while driving – they approach cyborg status.

But we have also seen way too many drivers weaving, traveling inappropriate speeds, cutting across lanes and running off the berm while trying to talk on a phone and drive.  One study said that in terms of causing accidents, using a phone while driving ranked right up there with driving drunk.

Regardless of how you feel about the call for a national ban on cell phone use while driving, many states already have tough restrictions in place.

If you have an accident while texting and driving in Utah, for instance, it will cost you $10,000. Utah comes out on top‘s list of the 10 toughest states for texting while driving. reviewed laws of the 35 states (along with the District of Columbia) that ban text messaging for all drivers. The review took into account fines and penalties for texting-while-driving offenders.

In Utah, the fine for texting while driving soars as high as $750, the second highest fine in the country. But it’s the rest of the state’s anti-texting law that earns Utah the distinction as the toughest state for texting.

If you get into an accident while texting and driving in Utah, you face serious jail time (up to 15 years) and up to a $10,000 fine. If there’s a fatality, you could be charged with a third-degree felony and face even more jail time and fines.

Here are the nine other states that make the list of the toughest states for texting-while-driving offenders:

2. Illinois.

3. Wisconsin.

4. California.

5. New York.

6. Connecticut.

7. North Dakota.

8. Georgia.

9. Michigan.

10. Oregon.

To learn more about the 10 toughest states for texting while driving, see:

texting bans

Texas gained the most people last year, followed by CA, FL, GA, and NC

Friday, December 23rd, 2011

US Census BureauOne thing marketers always have to take into account is where their consumers are and more of them moved to the sunbelt last year than to any other states.

Texas gained more people than any other state between April 1, 2010, and July 1, 2011 (529,000), followed by California(438,000), Florida (256,000), Georgia (128,000) and North Carolina (121,000), according to the latest U.S. Census Bureau estimates for states and Puerto Rico.

Combined, these five states accounted for slightly more than half the nation’s total population growth.

“These are the first set of Census Bureau population estimates to be published since the official 2010 Census state population counts were released a year ago,” said Census Bureau Director Robert Groves.

“Our nation is constantly changing and these estimates provide us with our first measure of how much each state has grown or declined in total population since Census Day 2010.”

The United States as a whole saw its population increase by 2.8 million over the 15-month period, to 311.6 million. Its growth of 0.92 percent between April 1, 2010, and July 1, 2011, was the lowest since the mid-1940s.

“The nation’s overall growth rate is now at its lowest point since before the baby boom,” Groves said.

California remained the most populous state, with a July 1, 2011, population of 37.7 million. Rounding out the top five states were Texas (25.7 million), New York (19.5 million), Florida (19.1 million) and Illinois (12.9 million).

DC led growth

Among states and equivalents, the District of Columbia experienced the fastest growth between April 1, 2010, and July 1, 2011, as its population climbed 2.7 percent. This marks the first time it led states and equivalents in growth since the early 1940s. D.C. ranked 35th in percent growth between the 2000 and 2010 censuses.

Following D.C. in terms of percent increase between April 1, 2010, and July 1, 2011, were Texas (2.1 percent), Utah (1.9 percent), Alaska (1.8 percent), Colorado (1.7 percent) and North Dakota (1.7 percent). North Dakota was 37th in percent growth between the 2000 and 2010 censuses.

The only three states to lose population between April 1, 2010, and July 1, 2011, were Rhode Island (1,300 or -0.12 percent),Michigan (7,400 or -0.08 percent) and Maine (200 or -0.01 percent).

Nevada, the nation’s fastest-growing state between 2000 and 2010, ranked only 27th in population growth between April 1, 2010, and July 1, 2011, increasing by 0.8 percent.

During 2012, the Census Bureau will release 2011 estimates of the total population of counties and incorporated places, as well as national, state and county population estimates by age, sex, race and Hispanic origin.

The Census Bureau develops state population estimates by measuring population change since the most recent census. These are the first set of population estimates to be based on the 2010 Census. The Census Bureau uses births, deaths, administrative records and survey data to develop estimates of population. For more detail regarding the methodology see