Elevator pitch contests and business plan competitions are practically a growth industry in Michigan these days. But are they effective at training entrepreneurs to actually launch their business ideas and get funding?
Here is the MiBiz Growth Report for March 4, 2013.
KALAMAZOO – The ABCs of the importance of early childhood education is a lesson many area business leaders have already learned.
An ambitious five-year strategic plan for Michigan’s $17.7 billion tourism industry aims to draw far more travelers to the state and would begin to take the “Pure Michigan” brand around the world.
The Kalamazoo Regional Chamber of Commerce and Southwest Michigan First in January announced that they had inked an alliance agreement that leveraged the strengths of both organizations. At the heart of the agreement was a shared focus on education and supporting small businesses — and a key executive, Tim Terrentine, who will straddle both organizations.
LANSING — Gov. Rick Snyder’s budget proposals for the next fiscal year that steer funding to expand Medicaid and that upgrade the state’s aging road system are sure to generate the most debate among lawmakers.
GRAND RAPIDS — When the Michigan Economic Development Corp. awarded a $450,000 “economic gardening” grant to Grand Rapids-based Local First of West Michigan in January, the move raised more than a few eyebrows among local economic developers and chamber executives.
Michigan needs to spend another $1 billion on higher education to produce graduates with the advanced skills needed for the 21st century economy, contends Business Leaders for Michigan.
If nothing else, Gov. Rick Snyder’s focus on improving funding for Michigan’s aging roads and bridges positions the issue toward the top of the agenda in Lansing.
Here is the MiBiz Growth report for Feb. 4, 2013.
Mid Michigan will soon have its own business model competition that will give Michigan entrepreneurs the chance to win $50,000 in cash prizes plus rub elbows with angel and venture capital investors that could fund their dream projects even more.
Here is the MiBiz Growth report for Jan. 21, 2013.
Economists at PNC Bank see continued job grow in 2013 for the regional economy, albeit at a slightly slower rate than last year.
The MiBiz Growth Report includes a roundup of news briefs of M&A and expansions in the region
Michigan became a little more competitive with other states over the last two years, although it’s still far from the goal of corporate CEOs to become a top 10 state for economic performance, according to an annual report.