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.
Fifth Third Bank’s $30 billion corporate commitment over the next four years for community development offers a massive pool of money for West Michigan organizations to potentially tap to fund projects and initiatives.
M&A professionals in Michigan feel a little more optimistic than their counterparts nationally about the prospects for stronger deal flow over the next year.
Of all the issues Greg Carmichael deals with each day, trust and reputation are the ones that concern him the most.
Kalamazoo-based First National Bank of Michigan plans to open a Holland office five years after moving into the Grand Rapids market.
A trio of initiatives from the Michigan Economic Development Corp. aims to increase the flow of capital to startups and early-stage companies in the state.
The restoration of an angel tax credit in Michigan looks doubtful before the present legislative term expires at the end of the year.
Chris Mason and his partners wanted to use a local lender when they sought a loan to start their business in Stevensville, just north of the Indiana border in Berrien County.
GRAND RAPIDS — Software development firm Blue Medora LLC raised nearly $7.5 million in capital in what one expert calls a “tough” but “good” environment for companies seeking investors.
GRAND RAPIDS — A strong marketplace combined with recent consolidation involving community banks lured Level One Bank from its base in suburban Detroit to the Grand Rapids market.
MIDLAND — As Chemical Financial Corp. moves toward closing its latest and largest acquisition, David Ramaker remains open to additional deals that would further expand the bank’s footprint in the Midwest.
GRAND RAPIDS — The recently announced leadership transition at Mercantile Bank Corp. has been in the works for years and should provide continuity going from one CEO to another, executives say.
GRAND RAPIDS — When he retired from Fifth Third Bank at the end of 2015, David Dams told his colleagues that he “was looking for that next new venture or adventure.”
The trade group for venture capitalists in Michigan wants to form a $100 million fund to match millions in private capital with public investment.
Michigan needs to maintain a major push started a decade ago to diversify the state’s economy, according to a study that credits the effort with spurring greater innovation and entrepreneurship.