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GRAND RAPIDS — From an undisclosed $100 million foreign-backed fund to local real estate agents, investors of all kinds are staking their bets on the Grand Rapids housing market. 

The trade group for venture capitalists in Michigan wants to form a $100 million fund to match millions in private capital with public investment. 

Michigan needs to maintain a major push started a decade ago to diversify the state’s economy, according to a study that credits the effort with spurring greater innovation and entrepreneurship.

A waste management system design unveiled in Grand Rapids this past May would enable hospitals world-wide to achieve a seemingly rare feat: saving money by embracing environmental stewardship.

When Deschutes Brewery founder Gary Fish launched a two-year search to locate the Oregon company’s first satellite production facility, one of his top criteria was determining whether the state and local community wanted his business.

Manufacturers benefit from space race

Written by | Sunday, 24 July 2016 13:50 |

ZEELAND — A small but growing number of West Michigan manufacturers hope America’s space ambitions will take off and allow them to continue to develop a niche market.

The mood of the country as reflected in the major political parties suggests a sharp turn against global free trade. 

SPARTA — Buoyed by a $20 million investment, Tesa Tape Inc. aims to transform one if its West Michigan facilities into the North American hub for adhesive tape production and development. 

Regardless of size or resources, nonprofits must keep cybersecurity top of mind. 

Drought-like conditions and damaging storms throughout June and the first half of July will likely hamper what would have been a substantial harvest for some Michigan crops this year. 

The emergence of life sciences-based higher educational institutions continues to have a discernible impact on ancillary development in urban areas across Michigan.

The Michigan State University College of Human Medicine wants to get medical students into the real world much sooner with the launch next month of an entirely new curriculum. 

Amid growing demand for health care talent, the partners behind a medical assistant apprenticeship program now look to expand the model to other in-demand areas. 

KALAMAZOO — Achieving two key accreditation milestones this summer shows that the Homer Stryker M.D. School of Medicine at Western Michigan University is meeting expectations.

BENTON HARBOR — The former president of Lake Michigan College claims she got fired last spring after just four months on the job because she found through an internal assessment that the school lacked compliance with federal rules for student aid.

MiBiz Growth Report: July 25, 2016

Written by | Sunday, 24 July 2016 14:42 |

Here is the MiBiz Growth Report for July 25, 2016:

• M&A: Gun Lake Rentals LLC of Wayland was acquired by Arya and Austin Khoshnegah. Terms of the deal were not disclosed. Founded in 2003 by Alex Cazala, Gun Lake Rentals offers an array of watercraft including boats, jet-skis and kayaks. The company provides training and instruction, indoor and outdoor boat storage, winterizing, pre-season care and sells various boating accessories. Calder Capital LLC in Grand Rapids represented Gun Lake Rentals in the transaction.

Businesses and nonprofits all around Grand Rapids are turning to Kirk Eklund and the West Michigan Center for Arts and Technology (WMCAT) for new solutions to age-old problems. Eklund doesn’t have all the answers himself, however. Instead, he helps businesses approach the challenge from a different angle with human-centered design. Using empathy, experimentation and storytelling, the solutions can often be found in the people you’re designing for, Eklund says. He spoke with MiBiz about how the philosophy informs his approach to problem solving.

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