Displaying items by tag: Michigan Economic Development Corp
The Michigan Economic Development Corp. plans to put $3 million into a capital fund that will invest in early-stage technology companies.
MiBiz growth report for April 26, 2020.
The Michigan Economic Development Corp. created a $3 million fund to aid technology startups affected by the COVID-19 pandemic.
The state plans to provide up to $2 million to a Marquette-based small business lender to increase activity across the state.
Companies and real estate projects that received state incentives through a grant, loan or equity investment from the Michigan Strategic Fund could get emergency relief under an initiative approved today to ease the economic hardship triggered by the COVID-19 pandemic.
As more manufacturers rapidly shift their operations to produce critical health and human service supplies in response to the COVID-19 outbreak, the state is offering new funding to help offset the cost of retooling.
The historic $2 trillion federal economic stimulus bill signed into law Friday contains $350 billion in loans for small businesses that could transition into grants.
GRAND RAPIDS — Facility owners and property managers are working with their commercial tenants during a time when most retailers and restaurants have had to severely cut operations.
Michigan’s loan and grant program for small businesses affected by the coronavirus is now accepting applications, state officials announced today.
The state now asks businesses and residents to donate essential medical supplies and protective gear to hospitals and other care providers.
The state intends to create two funds totaling $20 million to support grants and low-interest loans to small businesses that had to close or have been disrupted by the coronavirus and COVID-19 pandemic.
While the labor crisis lingers in West Michigan, manufacturers are spending millions of dollars on upskilling their incumbent employees to keep up with growth.
MiBiz Growth Report for March 15, 2020.
GRAND RAPIDS — Grand Rapids-based Jedco Inc. is expanding and planning to move from its current location.
GRAND RAPIDS — A state lawmaker expects action in Lansing within the next few weeks to restore funding for the Pure Michigan tourism campaign.
Muskegon County officials are hoping the possible purchase of 377 acres of private land will increase the quality of life and help with talent attraction.
‘A NEW NORMAL’: Declining sportsmen’s dollars upend funding model for nature conservation, outdoor recreation
Michigan’s outdoor recreation industry of today looks much differently than it did a generation ago.
Outdoor recreation has been a staple of the Pure Michigan campaign that began more than a decade ago to promote the state as a travel destination.
This is the growth report for Feb. 2, 2020.
BATTLE CREEK — New Holland Brewing Co. LLC will begin construction next month on its third brewery and taproom in West Michigan after securing a final funding source from the Michigan Economic Development Corp.
A lack of state funding for the popular Pure Michigan campaign that promotes the state as a travel destination complicates plans for tourism promoters now preparing for the 2020 summer season.
An assortment of state-backed capital funds and initiatives to support business startups, innovation and entrepreneurs recently earned renewal in Lansing.
GRAND RAPIDS — As the state Legislature continues budget talks, West Michigan economic development executives remain concerned about a $26 million cut to the Michigan Economic Development Corp. budget.
Here is the growth report for November 9, 2019.
GREENVILLE — Manufacturer Aquest Machining & Assembly plans to invest an estimated $1.3 million into an expansion of its current location in Greenville.
HOLLAND — Last year, travelers from all 50 states and 47 countries stopped into the Holland Area Visitors Bureau while visiting the city.
ZEELAND — The $70,000 grant Lakeshore Advantage Corp. received this summer will go toward examining one potential solution to a problem resulting from the economic vitality of Ottawa and Allegan counties: a lack of suitable available land for industrial development.