Michigan Economic Development Corporation - Michigan Advantage Blog

Michigan Economic Development Corporation - Michigan Advantage Blog

From the category archives:

Access to Capital

MEDC offers export assistance workshops in Grand Rapids, Novi

November 15, 2011 Access to Capital

Michigan small businesses – companies with fewer than 500 employees – are invited to explore export opportunities at two Global Access Exporter Forums taking place in Grand Rapids and Novi on November 17 and 18.
Governor Rick Snyder will give remarks at the Novi forum and Fred P. Hochberg, Chairman and President of Export-Import Bank of [...]

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Tagged as: Events, export assistance

MEDC loan enhancement program helps small businesses get deals done

August 25, 2011 Access to Capital

A Michigan start-up specializing in electric vehicle charging equipment was the first company to receive a loan enhancement under the State Small Business Credit Initiative (SSBCI), a small business capital access program administered by the MEDC.
Livonia-based PEP Stations worked with Talmer Bank and Trust on a working capital line of credit with a limit of [...]

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Tagged as: Access to Capital, electric vehicle, small business resources, start-up

Entrepreneurs: Here’s your chance to meet with Michigan’s largest venture capital firm

March 21, 2011 Entrepreneurship & Innovation

Need help raising capital to accelerate the growth of your business? West Michigan entrepreneurs now have a chance to make an “elevator pitch” to investors from Beringea, Michigan’s largest venture capital firm, at Grand Valley State University’s (GVSU) Center for Entrepreneurship & Innovation, located at GVSU’s Grand Rapids campus.
From 10 a.m. to noon on Tuesday, [...]

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Tagged as: Entrepreneurship & Innovation, small business resources, venture capital

Strong, dynamic cities are key to reinventing Michigan

March 1, 2011 Access to Capital

Donald Snider, vice president of urban development for the MEDC, has only been on the job a short time, but he’s already completed a guest stint on Detroit Public Television. Snider sat down with the host of “American Black Journal” recently to outline how the MEDC is working to bolster businesses in Michigan’s major urban [...]

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Tagged as: economic development partnerships, Economic Growth, Urban Economic Development, Urban initiatives

Time running out for entrepreneurs to win $100,000

February 28, 2011 Entrepreneurship & Innovation

Michigan-based entrepreneurs who want a shot at winning $100,000 are encouraged to register by the 5 p.m. Friday, March 4 deadline for the Great Lakes Entrepreneur’s Quest business-plan competition.
“This competition is a great resource for Michigan innovators to tap,” Michigan Economic Development Corporation President and CEO Michael A. Finney said.  “Our future Fords, Dows and [...]

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Tagged as: Entrepreneurship & Innovation

MEDC Congratulates Accuri

February 10, 2011 21st Century Funds

Accuri Cytometers,  one of the original 21st Century Jobs Fund awardees, is being purchased by one of the world’s leading medical technology companies, Becton Dickinson and Company.  Accuri, the Ann Arbor-based life sciences company, produces affordable, easy to use flow cytometers that are used in blood cell analysis.
In 2006, MEDC awarded a$2 million loan to [...]

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Tagged as: advanced technology, high-tech medical industry

Michigan is First in Nation Approved for Federal Small-Business Financing

January 14, 2011 Access to Capital

Michigan small businesses seeking to grow will be more likely to qualify for loans even in the face of an ongoing credit crunch thanks to an infusion of cash from the federal government that will bolster the state’s small business lending program, Governor Rick Snyder and the Michigan Economic Development Corporation (MEDC) announced. Michigan is [...]

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Tagged as: Capital Access Program, Economic Growth, Entrepreneurship & Innovation, Michigan Advantage, Upper Hand, venture capital

Pure Michigan Living

January 26, 2010 Small Business Capital Access Programs

When considering locations for your company, few things are more important than the quality of life for your employees.

Today, we are proud to announce the launch of PureMichiganLiving.com, a new initiative by the Michigan State Housing Development Authority (MSHDA) dedicated to covering good news and quality of life stories about our great state. As a [...]

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Tagged as: Quality of Life

Buy Michigan First

December 29, 2009 Small Business Capital Access Programs

If you’re a business that’s chosen to invest in Michigan’s commununities by doing business in our state, you can add your name to the Buy Michigan First movement.
Governor Jennifer M. Granholm initiated Buy Michigan First to encourage Michigan businesses, including underrepresented vendor groups, to register with the State as vendors and bid on more more than [...]

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Tagged as: Resources

Microloans: Funding Solution for New Entrepreneurs

December 14, 2009 Entrepreneurship & Innovation

In a entrepreneur video interview with AnnArbor.com’s Business Review, Skip Simms explains the importance of microloans for funding options for new business owners as traditional sources of capital are no longer available.  Simms, a Managing Director at Ann Arbor SPARK, highlights how critical funding is for start-up companies and how microloans can help the economic [...]

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Tagged as: Entrepreneurship & Innovation, Resources

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