GRAND RAPIDS — Hal Zaima’s innovation seeks to address a lingering and serious problem in health care: infections acquired in hospitals that lead to the deaths of thousands of patients annually.
KALAMAZOO — Recycler Schupan & Sons Inc. plans to invest $10.1 million into expansions at a pair of locations in Southwest Michigan.
Smaller public universities in Michigan will have to come up with less matching funding to secure state grants that support startup companies coming out of research labs.
The Michigan Strategic Fund steered additional money into two capital funds that support high-tech startups and growing small businesses in the state.
The Invest Michigan Pre-Seed Fund II received $3 million to invest in startups through loans or equity. Grow Michigan LLC will receive $9.6 million for a second mezzanine-style fund that will provide loans to growing small businesses.
A recent kerfuffle between Grand Rapids economic development officials and executives at Start Garden Inc. highlights the challenges cities face when they try to encourage more entrepreneurial investments.
NEWAYGO — A West Michigan Tier I automotive supplier is investing $45 million into a 175,000-square-foot facility expansion designed to improve workflow and efficiency.