The Southeast Michigan office of Grand Rapids-based public relations firm Lambert Edwards & Co. had been located for years in a gleaming high-rise Troy tower, surrounded by a sea of asphalt parking lots and clogged highways.

TROY — As host organization for the Adams Entrepreneur Fellowship Program, Automation Alley, Michigan’s largest technology business association, is once again encouraging recent college and university graduates to apply for achance to be matched with a growing early-stage company in the region.

The Adams Entrepreneur Fellowship provides opportunities for fellows to engage with early-stage companies at the management level with mentoring support from company management and the program coordinators in a highly entrepreneurial experience.

A new seed-stage fund called Detroit Innovate, which intends to help launch technology companies in Southeast Michigan and invest in existing young companies, is scheduled to be announced today. The fund has received $5 million from the New Economy Initiative for Southeast Michigan and hopes to raise at least $10 million from other state foundations.

Accelerate Michigan competition delivers more than cash for winners
Accompanying Accelerate Michigan will be an invitation-only event on Thursday for chief investment officers, managers of pension funds and corporate investments, as well as CFOs.

Crain's Detroit Business is hosting the event with Pensions & Investments, also owned by Crain Communications Inc., which will present an exclusive report on alternative investments. An investment manager panel will offer reactions.