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Mark Sanchez

Mark Sanchez

Senior Writer

[email protected]

Michigan made significant strides in an annual entrepreneurial scorecard issued by the Small Business Association of Michigan. The state’s entrepreneurial climate ranked 15th nationally in 2011, compared to 45th in 2010.

Monday, 19 March 2012 10:08

Office furniture expected to dip in 2012

After posting strong growth for 2011, the office furniture industry will experience a small decline this year and then pick up again in 2013, according to a new forecast.

Friday, 16 March 2012 08:56

Credit unions mergers to continue

As the banking industry enters another era of mergers and acquisitions, Michigan credit unions continue the steady consolidation trend that has been occurring for more than a decade, though at a slightly slower rate the last two years.

The small community bank may very well go extinct as the banking industry reacts to recent changes in federal regulations. Bankers and industry experts cite the 2010 Dodd-Frank Act — the largest overhaul of the nation’s banking regulations in decades, passed in the wake of the 2008 financial crisis — as a key driver of the expected increase in merger-and-acquisition activity in the coming years.

The recent addition of a small surgical practice that boosts the physician lineup at Lakeshore Health Partners follows a major trend within health care. A litany of forces has increasingly led physicians to opt to become employed by a large medical group practice or health system, enabling them to leave behind the growing administrative burdens of running a private practice in an age of health care reform.

John Weiss takes over as head of the Grand Valley Metropolitan Council at what he sees as an opportune time to promote greater cooperation among communities and stronger collaboration with the private sector.

The state’s economic decline could very well give way to what Bruce Katz sees as a state that is a leader in innovation and global exports. The Great Recession from which the U.S. is now recovering “was a wake-up call for this country” that requires America to “build a next economy and enable a different kind of growth in the next decade,” said Katz, director of the Brookings Institute Metropolitan Policy Program.

Tuesday, 06 March 2012 10:57

Horn resigns as CEO of Priority Health

After 15 years at the helm, Kim Horn decided to step down as head of Priority Health this spring to pursue a new phase of her career in health care.

The Right Place Inc. and Grand Valley State University each envision bringing more partners into the Grand Rapids SmartZone’s operations to better spur new business and job creation, according to responses each submitted to the Local Development Finance Authority’s request for qualifications.

The local authority charged with overseeing the Grand Rapids SmartZone incubator and accelerator wants to see more “churn” and better ROI from the life science companies that call the SmartZone home. To help achieve that goal, the 12-member Grand Rapids Local Development Finance Authority (LDFA) in February issued a request for qualifications, inviting organizations to apply for the job of staffing and managing the Grand Rapids SmartZone.

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