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Displaying items tagged: Northern Initiatives

Sunday, 20 November 2022 19:06

Rende Progress Capital addresses wealth gap, access to capital for minority borrowers

Eric Foster credits a 2015 report from Forbes.com that ranked Grand Rapids as 51st out of 52 markets in the U.S. economically for African Americans for helping to cement his idea to create Rende Progress Capital. 

Published in Finance
Friday, 14 October 2022 15:06

Q&A: 3-year grant to help Northern Initiatives improve small business job quality

Small business lender Northern Initiatives will receive $100,000 from major foundations annually over the next three years to help grow small businesses across Michigan.

Published in Small Business
Sunday, 05 June 2022 18:28

MiBiz Growth Report: June 6, 2022

Here is the MiBiz Growth report for June 6, 2022:

Published in Economic Development

Sunday, 26 April 2020 17:17

After unbridled growth, Michigan craft beverage companies gird for devastating lows

Michigan’s craft beverage industry is facing a challenge with the economic fallout from the coronavirus pandemic that is unlike any other in its history. 

Published in Food/Agribusiness
Tuesday, 14 April 2020 17:15

Northern Initiatives to increase small business lending with $2 million infusion from state

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
Sunday, 16 February 2020 17:30

Asset-based economic development key for leveraging outdoor recreation

Michigan’s outdoor recreation industry supports tens of thousands of jobs and billions of dollars in consumer spending, but researchers and state officials say ongoing work is needed to understand how the industry can be used as an economic development tool.

Published in Economic Development

Sunday, 27 October 2019 11:30

Grant will help Northern Initiatives reach more Hispanic entrepreneurs in Michigan

A $500,000 grant from Wells Fargo Bank will enable Northern Initiatives to put a larger focus on diversifying its lending.

Published in Finance
Sunday, 25 November 2018 21:39

Alternative lender positions black-owned GR firm for growth

GRAND RAPIDS — When  realized it needed to add vehicles to its fleet to grow the business, founder Rich Flowers ran into some roadblocks familiar to many African American and minority entrepreneurs. 

Published in Small Business
Saturday, 07 July 2018 16:26

Initiatives offer loan assistance for urban small businesses

A pair of initiatives across Southwest Michigan have a similar goal: supporting entrepreneurs starting small businesses in their respective cities and urban cores. 

Published in Finance