Displaying items by tag: Michigan Strategic Fund

Thursday, 11 June 2020 12:52

MEDC awards $4.3M in COVID-19 relief loans

The Michigan Economic Development Corp. has awarded $4.3 million in low-interest relief loans to 74 small businesses statewide affected by the COVID-19 pandemic.

Published in Small Business
Tuesday, 26 May 2020 21:35

MiBiz Growth Report: May 27, 2020

Here is the MiBiz Growth Report for May 27, 2020.

Published in Economic Development

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.

The Michigan Economic Development Corp. plans to put $3 million into a capital fund that will invest in early-stage technology companies.

Published in Finance

The state plans to provide up to $2 million to a Marquette-based small business lender to increase activity across the state.

Published in Finance

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.

Published in Economic Development

Michigan’s loan and grant program for small businesses affected by the coronavirus is now accepting applications, state officials announced today.

Published in Small Business

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.

Published in Small Business

An assortment of state-backed capital funds and initiatives to support business startups, innovation and entrepreneurs recently earned renewal in Lansing.

Published in Finance
Thursday, 19 September 2019 08:35

ITB Packaging plans $3.5 million expansion

HOLLAND — ITB Packaging LLC plans to expand locally with a $3.5 million capital investment and the expected creation of at least 65 new jobs over the next five years.

Published in Manufacturing
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