Displaying items by tag: Michigan Economic Development Corp
The Michigan Economic Development Corp. announced Friday that it would soon start accepting applications for up to $15,000 relief grants from small businesses “disproportionately impacted” by COVID-19 pandemic restrictions.
GRAND RAPIDS — Acrisure LLC expects to complete its new global headquarters in downtown Grand Rapids’ Studio Park in the first quarter of 2021.
Calls to support small businesses during the holiday shopping season have perhaps never been louder than this year.
The COVID-19 pandemic has brought ups and downs for West Michigan’s construction industry — activity and competition has increased in areas like school bond projects, while the hospitality and office sectors saw major slowdowns.
The Michigan Strategic Fund has approved a $10 million COVID-19 relief grant program for small businesses that were harmed by recent state restrictions affecting restaurants and entertainment facilities.
Gov. Gretchen Whitmer met virtually today with small business owners who received support from a state grant program and discussed the importance that additional federal support would have on their businesses.
Under the guidance of Executive Director Marty Gerencer, the West Michigan Food Processing Association incorporated as a 501(c)(6) in February with a multi-pronged approach to support the food industry across a five-county region.
The Pure Michigan campaign that touts the state as a travel destination should return soon to spur fall and winter travel and help tourism-reliant small businesses that were hit hard this summer by the COVID-19 pandemic.
Dozens of Michigan farms and food processors have been awarded $15 million in COVID-19 relief grants to create safer work conditions for employees and protect the food industry as a whole, state officials announced Wednesday.
Thousands of small businesses across West and Southwest Michigan have received grant funding from a state COVID-19 relief program.
FREMONT — The Michigan Strategic Fund has approved a 10-year Renaissance Zone tax abatement for Gerber Products Co.’s $36 million expansion at its Fremont facility.
GRAND RAPIDS — A tax incentive the city of Grand Rapids and an Indianapolis developer unsuccessfully pursued to transform publicly owned riverfront property has only been used twice in Michigan.
In a business climate in which manufacturers are pressured to stay up on the latest technology, there is little wonder why Michigan-based companies might look to Israel for best practices.
As the COVID-19 pandemic battered Michigan’s economy through the spring and early summer, the number of people forming their own businesses grew exponentially.
The Michigan Economic Development Corp. is launching $1.25 million in grant funding for to help small farms mitigate pandemic-related costs.
A pair of state grant funds totaling $115 million launches today as another source of financial assistance for small businesses hurt by the COVID-19 pandemic.
As they’ve taken steps to diversify their revenues away from casinos in recent years, Michigan’s Native American tribes have built growing business ventures that in 2019 contributed nearly $288.8 million to the state economy.
The Michigan Economic Development Corp. plans to launch new grant funds next week totaling $115 million to provide financial assistance to small businesses, farms and agricultural processors recovering from the effects of the COVID-19 pandemic.
Two Michigan congressmen behind legislation that would create a $50.5 billion relief fund for small businesses nationwide hope to get it included in the next federal aid package that may come before Congress this summer.
Forming a relief fund to aid small businesses hurting from the COVID-19 pandemic was an early idea Kent County commissioners pursued when they began considering two months ago what to do with $114.6 million in federal aid funding.
Shared transit presents unprecedented risks as communities and businesses around the state reopen and people come out of isolation following a months-long shut down because of the COVID-19 pandemic.
PENT-UP DEMAND: Battling COVID-19, cancellations and high water, lakeshore communities hope tourism rebounds
Plagued by high water, COVID-19 business closures and canceled festivals, officials in lakeshore communities are developing plans to bring visitors back to restaurants and lodging in hopes of tourists’ return this summer.
‘TREMENDOUS WIN:’ Tetra Therapeutics’ sale offers healthy returns for investors, validation for local ecosystem
GRAND RAPIDS — Tetra Therapeutics Inc.’s sale to a Japanese pharmaceutical company provides a final pathway toward bringing to market potential new drugs to treat Alzheimer’s disease and a form of autism, as well as generates a handsome return for financial backers.
LANSING — More than 100 small businesses across the state can use the Michigan Economic Development Corp.’s crowdfunding platform throughout June, gaining access to a matching grant from the MEDC of up to $5,000.
The Michigan Strategic Fund approved financing today for a range of economic development initiatives, including brownfield tax incentives for a major mixed-use project in Lansing and public improvements in Cass County.
HOLLAND — Jolt Energy Storage Technologies LLC has received $250,000 to further advance its utility-scale energy storage solutions.
New grant funds by the state and in Kalamazoo, as well as a loan fund in Grand Haven, are the latest efforts to provide relief to small businesses hit hard by the COVID-19 pandemic.
Here is the MiBiz growth report for May 10, 2020.
Nearly 200 small businesses in West Michigan that are struggling to survive through the COVID-19 pandemic will receive grant support from the state’s Michigan Small Business Relief Program.