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Displaying items by tag: Michigan Strategic Fund

BENTON HARBOR — Whirlpool Corp. has broken ground on a $22 million multifamily housing development near downtown Benton Harbor that officials say will help fill gaps in workforce housing availability.

GRAND RAPIDS — Logistics and data security company MCPc Inc. broke ground today on its $2.8 million facility that’s expected to bring at least 75 new and existing jobs to the city’s Madison Square neighborhood. 

Published in Economic Development

As the owner of two West Michigan-based manufacturing operations, Jay Garside is leaning on state resources to usher his businesses along their Industry 4.0 journeys.

Published in Manufacturing

Automotive supplier American Axle & Manufacturing Inc. received state backing for an expansion project in Southwest Michigan that could lead to the creation of 100 new manufacturing jobs. 

Published in Manufacturing

State economic development officials on Tuesday approved brownfield incentives and performance based loans for three mixed-use apartment projects in Grand Rapids, Kalamazoo and Middleville. 

HOLLAND — A luxury five-story residential and commercial building planned in Holland received approval Tuesday from the Michigan Strategic Fund board for $2.2 million in brownfield incentives. 

GRAND HAVEN — A planned 124-unit apartment development in Grand Haven has been approved for a Michigan Community Revitalization Program loan for $4.75 million along with $1.38 million in brownfield incentives.

The latest state effort to provide financial aid to Michigan small businesses and entertainment venues that are ailing from the COVID-19 pandemic and resulting restrictions has a relatively short application window based on previous demand.

Published in Finance

The Michigan Economic Development Corp. plans to open applications next week for the $58.5 million in grant funding to aid small businesses and entertainment venues that were closed or curtailed by the most recent state-ordered restrictions in response to the COVID-19 pandemic.

Published in Small Business

State and federal lawmakers have each reached consensus on COVID-19 relief that will support small businesses like restaurants and venues still confronting pandemic-related restrictions.

Published in Economic Development
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