Michigan Economic Development Corporation - Michigan Advantage Blog

Michigan Economic Development Corporation - Michigan Advantage Blog

Posts tagged as:

small business resources

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

Michigan business rankings climb

August 8, 2011 Economic Development

As the markets reacted to the nation’s lowered credit rating, several Michigan business indicators continue to rise.
Michigan’s general obligations bonds rating rose from “stable” to “positive,” while the state is a national leader for job growth and just placed No. 1 in a new lending ranking of Small Business Administration loans.
Fitch Ratings said of Michigan: [...]

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Tagged as: Economic Growth, Entrepreneurship & Innovation, Jobs, small business resources

First-ever Small Business Outreach Tour offers free workshops for small business owners

August 3, 2011 Economic Development

Small business owners looking for tools to take their businesses to the next level can gain information, contacts and resources through the Small Business Outreach Tour taking place August 10 through September 30.
The first-ever Small Business Outreach tour, sponsored by the Small Business Administration, will stop in 15 cities around the state. The free events [...]

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Tagged as: Economic Growth, Entrepreneurship & Innovation, Events, small business resources

Thinking of launching a retail business? New guide will help you get started

July 21, 2011 Entrepreneurship & Innovation

Finding the right tools and resources can often be the toughest part for those with the entrepreneurial itch. But thanks to a new booklet by the Michigan Retailers Association, would-be retailers can get a wealth of information – free – on how to get started.
The Entrepreneur’s Guide to Starting a Retail Business brings together information [...]

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Tagged as: Entrepreneurship & Innovation, Resources, small business resources

Stuck in neutral with your career? Shift gears!

March 24, 2011 Resources

Ever thought about steering your talents in a new direction?
Stop thinking and start doing! Shifting Gears is a career-transition program created by Tech Town and Ann Arbor SPARK for seasoned corporate professionals who want to pursue opportunities in business growth sectors, where they can leverage their business knowledge and experience in new ways.
The program’s results [...]

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Tagged as: small business resources

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

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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Tagged as: economic development partnerships, Economic Growth, Entrepreneurship & Innovation, Mentor, Resources, small business resources

Small Businesses Ranking BIG News for Michigan

November 9, 2007 21st Century Funds

There is nothing ’small’ about the impact small businesses and entrepreneurs have on Michigan. They are the job-creating engines that drive our economy, and the Michigan Economic Development Corporation (MEDC) is focused on helping them grow and thrive in our state. Our $2 billion 21st Century Jobs Fund is making capital available for small Michigan [...]

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Tagged as: Alternative Energy, automotive manufacturing, Capital Access Program, Economic Growth, Entrepreneurship & Innovation, homeland security and defense, small business resources