Michigan’s Business of the Year Awarded to Calumet-based REL, Inc.

CALUMET, Michigan (December 17, 2014) – The Michigan Energy Innovation Business Council (EIBC) honored Calumet-based REL, Inc., as the state’s Business of the Year at the Michigan Energy Innovators Gala in East Lansing last month. REL, Inc., an advanced materials and process developer, was recognized for its conformable, compressed natural gas storage tank technology currently being developed for natural gas cars and trucks.

MTEC SmartZone creates 83 local jobs in 2014

HOUGHTON, Michigan (January 20, 2015) – In 2014, MTEC SmartZone reached a major milestone, creating 83 local jobs at its affiliated incubator locations. MTEC SmartZone was also recognized by Michigan Economic Development Corporation (MEDC) for high performance in every measurable category of success. Categories include: jobs created, companies launched and/or expanded, and the amount of funding brought into the community. MTEC SmartZone CEO Marilyn Clark was thrilled to make the announcement, adding, “We are proud to be a driving part of the Keweenaw’s economic opportunities.

REL, Michigan Tech Receive $2.1 Million from Southwestern Energy Company

Michigan Technological University and REL, Inc., a Calumet-based technology company with a focus on material-process development, have been awarded a $2.1-million, three-year investment from Southwestern Energy Company (SWN) of Houston, Texas.

The grant charges an interdisciplinary team of Michigan Tech researchers and REL engineers with designing, fabricating and testing a conformable, compressed natural gas tank for use in light-duty trucks.

MTEC SmartZone leads creation of angel investor network to aid local MTEC SmartZone startups

HOUGHTON, Michigan (November 10, 2014) – MTEC SmartZone and Michigan Technological University’s Office of Innovation and Industry Engagement are developing an angel investor network in the Upper Peninsula, to connect a growing number of early-stage start-ups with capital. The goal is to spur small business growth and sustainability and create jobs. According to MTEC SmartZone CEO Marilyn Clark, because technologies are becoming increasingly sophisticated, there is a greater need for research and testing before going to market. Meanwhile, federal funds are becoming scarcer.

Finnish Fulbright Scholar to share international start-up wisdom and experience

HOUGHTON, Michigan (October 27, 2014) – MTEC SmartZone presents Fulbright Scholar Dr. Jari Luomakoski, who will enlighten current and prospective entrepreneurs and business owners on the topic, Minimizing Start-Up Risk: The Finnish Experience. The lecture, followed by questions and networking, is on Thursday, October 30, at 5 p.m. at the Powerhouse Building in Houghton. Admission is free. The event is sponsored by the Finnish American Chamber, MTEC SmartZone, and Finlandia University. Refreshments will be provided.