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Grand Haven’s Peerless Flats development secures $4.75M loan, additional incentives
GRAND HAVEN — A planned 124-unit apartment development in Grand Haven has been approved for a Michigan Community Revitalization Program loan for $4.75 million along with $1.38 million in brownfield incentives.
Breaking News
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Business groups back House Republicans’ COVID-19 spending plan
Statewide business groups announced their support today for House Republicans’ COVID-19 spending plan that’s a rebuttal to Gov. Gretchen Whitmer’s $5.6 billion plan unveiled last…
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New Standard opening recreational-only cannabis dispensary in Sand Lake
SAND LAKE — The first cannabis dispensary in Sand Lake is opening Friday to sell exclusively recreational cannabis.
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Tribally owned professional services group rebrands, expands during pandemic
DOWAGIAC — Seven Generations Group, a professional services portfolio of companies, is rebranding and has also managed to grow its portfolio with the formation of…
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GR-based VC fund targeting minority-owned companies raises $8.5M in first year
GRAND RAPIDS — The venture capital fund formed a year ago in Grand Rapids to invest in minority-owned businesses has netted $8.5 million in commitments from…
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Protect Michigan Commission aims to raise awareness for COVID-19 vaccinations
Gov. Gretchen Whitmer today named a commission that will work to raise awareness on the safety and effectiveness of COVID-19 vaccines and promote the need…
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State to allow limited indoor dining on Feb. 1 as public health metrics ‘looking promising’
Gov. Gretchen Whitmer announced Friday that restaurants and bars can resume indoor service on Feb. 1 with a 25 percent capacity limit and 10 p.m. curfew. -
DeVos Place to serve as large-scale COVID-19 vaccination site
GRAND RAPIDS — Spectrum Health and Mercy Health plan to open a large COVID-19 vaccine clinic next week at DeVos Place in downtown Grand Rapids.
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Hertel appointed head of Michigan DHHS after director Gordon abruptly resigns
LANSING — The director of the Michigan Department of Health and Human Services abruptly resigned today. -
Two more dispensaries launch recreational cannabis sales in Grand Rapids
GRAND RAPIDS — Five recreational cannabis dispensaries will be operating in the city of Grand Rapids by Friday morning.
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REAL ESTATE & DEVELOPMENT
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Global insurance brokerage opening office in downtown Grand Rapids
GRAND RAPIDS — The largest privately held insurance brokerage in the world, Lockton Companies Inc., is expanding its Michigan operation by opening an office in downtown Grand Rapids.
HEALTH CARE
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CrossLiner promises ‘breakthrough, next generation’ innovation for cardiac procedures
KALAMAZOO — The newest invention from Tim Fischell and his business partner offers what’s promised as a safer and simpler device to use in cardiac catheterization procedures.
FINANCE
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Huntington Bank to close 97 in-store branches at Meijer locations as part of TCF acquisition
Huntington Bancshares Inc. intends to close 198 branch offices — about half of which are based in Meijer Inc. stores in Michigan — after completing the proposed $22 billion acquisition…
FOOD / AGRIBUSINESS
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Founders announces sponsorship with NBA’s Philadelphia 76ers
With a relatively strong foothold already in the Philadelphia market, Grand Rapids-based Founders Brewing Co. recently announced that it has become an official sponsor for NBA team the Philadelphia 76ers.
MANUFACTURING
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Additive manufacturing grows from buzzword to key industry player
As owner of Forerunner 3D Printing LLC, Paul DeWys utilizes the evolving process of additive manufacturing to primarily produce short runs of complex parts for area businesses, or help them…
ENERGY
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Statewide building code update an opportunity to tackle efficiency, climate change
Michigan’s statewide building codes are set for an update this year. While there could be some new energy efficiency measures added, the codes are far behind where they should be…
ECONOMIC DEVELOPMENT
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‘New era’ for Michigan casinos as online sports betting, casino gaming goes live Jan. 22
Online sports betting and casino gaming will go live statewide beginning on Friday at noon.
NONPROFITS
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Utility foundations use deep nonprofit network to distribute millions in COVID relief funds
The corporate foundations of the state’s two major energy utilities have distributed nearly $26.5 million in direct relief funds to meet basic needs such as food, shelter and personal protective…
TALENT
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Davenport University appoints higher ed veteran to lead business, technology colleges
Davenport University has appointed Amy Mansfield as the new dean of the Donald W. Maine College of Business and the College of Technology.
SMALL BUSINESS
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More flexibility comes with latest round of PPP loans
The new round of federal Paycheck Protection Program loans includes a number of changes from the prior funding intended to aid small businesses hurting from the COVID-19 pandemic.