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Finance (345)

Bank of America’s planned move to a new regional office in downtown Grand Rapids comes as the bank seeks to grow its West Michigan presence.

GRAND RAPIDS — Backed with capital from a Chicago private equity firm, Grand Rapids Ophthalmology PC plans to expand across Michigan and eventually into neighboring states.

EAST LANSING — Early-stage investment fund Quantum Medical Concepts plans to invest larger amounts in health care startups after spinning off from its founding organization and securing an additional investment partner.

GRAND RAPIDS — In seeking to raise up to $50 million for its first fund, Grand Ventures I LP could soon add to the availability and accessibility of venture capital in Michigan. 

GRAND RAPIDS — Two acquisitions to start 2017 give Lake Michigan Insurance Agency a wider presence across the state to drive growth and pursue further deals in an era of industry consolidation.

New Lansing seed capital fund to invest in startups

Written by | Sunday, 05 February 2017 16:07 |

LANSING — A group of Lansing-area investors wants to provide seed capital to one new company annually that’s just getting off the ground.

Early research shows dip in Michigan VC activity

Written by | Sunday, 22 January 2017 11:03 |

Venture capital investors say work over more than a decade to spur greater innovation and build a better entrepreneurial climate in Michigan has provided them with better investment prospects.

Investors offer tips for startups seeking capital

Written by | Sunday, 08 January 2017 15:35 |

The first time Jason Mejeur pitched to a prospective venture capital investor, armed with his “crappy” PowerPoint presentation to explain his concept, he failed to secure any money.

HOLLAND — A $555,000 investment gives a Holland-based sports-related mobile application developer the seed capital it needs to pursue additional clients and grow the business.

ADetroit-based nonprofit will manage a new statewide fund created to provide needed early-stage capital to startups in Michigan.

Professionals working in mergers and acquisitions in West Michigan expect strong deal flow to continue in 2017, maintaining a seller’s market.

Mergers and acquisitions within the banking industry are expected to maintain a steady pace in the new year.

MOUNT PLEASANT — Central Michigan University may launch a new graduate program later this year that would add to entrepreneurial education in the state. 

Tim Parker wasn’t actively looking for a new opportunity when he came across a LinkedIn posting that intrigued him.

Horizon Bank to open downtown Grand Rapids branch

Written by | Sunday, 11 December 2016 16:13 |

GRAND RAPIDS — Three years after opening a local lending office, Horizon Bank plans to begin developing a branch network in the Grand Rapids market.

EAST LANSING — A new venture capital firm formed by Michigan State University’s research foundation targets a critical need for early-stage capital for startups in the state.

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