Angel investing grew in Michigan in 2012, drawing more investors who put more money into companies.
Michigan’s venture capital industry grew again in 2012 as both the amount of capital under management and what’s available for new investments posted strong gains.
A Kalamazoo company developing a new treatment for people with hypertension received another infusion of capital as it prepares for a clinical trial in Europe late this year.
GRAND RAPIDS — The planned sale of Grand Rapids-based Global Futures and Forex Ltd. (GFT) stems from what founder and CEO Gary Tilkin says is a need to secure the future as part of a larger company.
Investors attracted to deals on the coasts for years overlooked Michigan as a flyover state, but those perceptions seem to be slowly changing as more outside money sets its sights on in-state companies.
Business lending by Michigan credit unions surpassed $1 billion for the first time in 2012, as the state’s credit unions posted another year of strong volume growth.
Seeking to boost the flow of credit, the U.S. Small Business Administration wants do away with a number of regulations for its two main lending programs.
IONIA — Independent Bank Corp., after restoring profitability in 2012, now looks to return to growth mode in 2013 under the leadership of a new president and CEO.
As established small and midsize companies, particularly manufacturers, look to grow, many of them run into challenges accessing traditional business loans from banks.
One of three student MBA teams remaining in the West Michigan Chapter of the Association for Corporate Growth Cup Competition will be named the regional winner on March 12 and compete in the Michigan Intrastate competition for a chance to win the prestigious ACG Cup.
From its humble roots in 1950 as a one-man trucking operation, Zeeland Farm Services Inc. has evolved into an agribusiness enterprise with a global reach.
GRAND RAPIDS — Private equity investors say they see activity increasing in the years ahead in Michigan, although the state could surely use more homegrown funds.
The creation of a new mezzanine fund gives small businesses across Michigan one more option to consider when they’re pursuing growth capital.
GRAND RAPIDS — Changes in the Michigan management structure at Huntington Bank are designed to better enable the lending institution to gain market share across the state.
LANSING — The idea isn’t to do more regulation, Kevin Clinton says, but to advocate for the growing financial services and insurance industries in Michigan.