Michigan Economic Development Corporation - Michigan Advantage Blog

Michigan Economic Development Corporation - Michigan Advantage Blog

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Entrepreneurship & Innovation

Open source economic development key to Michigan’s future

March 22, 2011 Entrepreneurship & Innovation

When Mike Finney first detailed open source economic development, he was showing local economic developers how communities across the state could work together to attract new business. Today, he is bringing this innovation to bear as President and CEO of the Michigan Economic Development Corporation.
And on Tuesday, April 5, Finney will be outlining his strategies [...]

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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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Detroit CEOs: Free small-business training program can help you stay connected

March 21, 2011 Entrepreneurship & Innovation

Are you a Detroit small-business owner looking for the kind of in-depth training typically found in a college MBA program? What if we told you the U.S. Small Business Administration’s Michigan District Office is offering such a program … and it’s free?
The SBA is seeking small-business owners for its third round of the Emerging 200 [...]

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Women entrepreneurs share tales from the front lines at March 15 event

March 4, 2011 Entrepreneurship & Innovation

Do you have what it takes to be an entrepreneur? Learn from a panel of Michigan women who have been there about struggles, sacrifices and rewards involved with launching your own business at “Stories from the Front Lines: A Conversation with Michigan Women Entrepreneurs.” The event will be held Tuesday, March 15, from 11:30 a.m. to [...]

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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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Economic Gardening Defined

February 11, 2011 Entrepreneurship & Innovation

Economic gardening is not just tax breaks or government loans, it’s a mix of assistance to help small businesses map out strategy, analyze potential market opportunities and find employees with specialized talents or education that a company might need.
Michigan Public Radio’s Lester Graham and MEDC’s Mike Finney explore how MEDC is changing, how it, in [...]

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Education Day a Success at NAIAS

January 20, 2011 Entrepreneurship & Innovation

The North American International Auto Show’s Education Day festivities were a resounding success.  In its seventh year, Education Day offered students from throughout Michigan, surrounding states and Canada a unique opportunity to explore their career interests with customized show floor tours led by industry experts in areas like engineering, journalism and telecommunications.
Michigan Governor Rick Snyder [...]

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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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Drawing on Brilliance: The Michigan Advantage

May 13, 2010 Entrepreneurship & Innovation

Michigan is an epicenter of innovation with its highly skilled workforce, world-class universities, beautiful communities and a 21st century infrastructure.  But building that epicenter of innovation didn’t happen overnight.  Michigan has a deeply rooted culture of innovation and an entrepreneurial ecosystem rich with resources.
The Michigan Advantage for companies everywhere is that they can come and [...]

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Calling All Women Entrepreneurs

January 18, 2010 Entrepreneurship & Innovation

The National Association of Women Business Owners (NAWBO) in the Greater Detroit area, works to strengthen the wealth creating capacity of their members and promote economic development; create innovative and effective changes in the business culture; build strategic alliances, coalitions and affiliations; and transform public policy and influence opinion makers.  NAWBO has an active year [...]

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