Failure has been a catalyst in Rick DeVos’ evolution as an entrepreneur. With his $15 million Start Garden fund, he hopes to help fledgling entrepreneurs overcome their risk aversion and create the next generation of wealth-creating companies in West Michigan.
The public voting aspect of Start Garden is a sexy twist that generates buzz, but it appears the path to higher-level funding from the local venture fund requires the staff’s endorsement right from the get-go, according to an analysis by MiBiz.
Crowdfunding has the potential to revolutionize how small businesses raise capital, but it generates an old worry: the possibility for fraud.
When two old high school buddies were reunited at a 1995 Christmas party in Hastings, a new company called TerraTrike was born.
It’s undeniable that the emphasis on entrepreneurship in Grand Rapids is on the rise. But along with that culture shift of valuing growing young companies, many entrepreneurs have also embraced a much different view of their rivals.
In his more than three decades as a CPA, Walter Monroe made a few business contacts. So when he became involved with a startup company working to bring to market a new product that treats bad breath, or halitosis, he turned to that business network for help.
While data compiled by Economic Modeling Specialists International for The Right Place Inc. shows the freelance model has been cyclical over the last decade for workers in West Michigan.
As the world rapidly becomes more digitally connected, companies are struggling to maintain their intellectual property rights.
When Grand Rapids-based Rowster New American Coffee looked to expand into a new venture it brewed up, the company found better than expected results from a nontraditional source of funding.
It’s no surprise to hear business leaders aren’t big fans of President Barack Obama. But the number of CEOs speaking out to employees about the negative impact of a second term for Obama is, by some accounts, unprecedented.
What started as a local pilot program to help the state’s court system better deal with business cases has now become state law, with some changes.
When Brian Ryks decided to relocate from Minnesota to Grand Rapids and take on the the challenges of leading Gerald R. Ford International Airport, he inherited a well-established local commercial airport.
Every company’s nightmare scenario is a media firestorm centered on a product recall, but according to experts, a public relations crisis doesn’t have to cause permanent damage if it’s handled properly and clearly communicated.
Merger-and-acquisition activity is picking up in West Michigan and it’s moving further downstream, local experts say.
Not long ago, many people scoffed at the thought of buying LED lighting, which was seen as too expensive and not as useful as other lighting technology.