Displaying items tagged: Grand Rapids Area Black Businesses
Developers prepare for stronger stormwater management requirements; GR plans credit trading program
GRAND RAPIDS — A wave of stricter stormwater management requirements are going into effect across the state, highlighting the need for additional funding tools to help developers and businesses create green infrastructure.
New GR construction management firm aims to diversify the industry
Two entrepreneurs and a construction industry veteran are launching a new Grand Rapids-based construction management firm.
Advocates seek minority voices, opportunity with 12 ‘transformational’ projects
Regional business and economic development leaders recently announced a list of 12 “transformational” projects that could reshape Kent County’s ability to attract visitors, new residents and employers.
Access to capital remains key challenge for Black-owned businesses
Access to capital, markets and networks are the three primary barriers to success for Black entrepreneurs, according to Jamiel Robinson.
Lt. Gov. Gilchrist sees ‘unprecedented’ opportunities for small business relief programs
GRAND RAPIDS — Lt. Gov. Garlin Gilchrist was in Grand Rapids Monday touting the Whitmer administration’s Economic Jumpstart Plan for small businesses as billions of dollars in federal COVID-19 relief funding comes into Michigan.
Municipalities and organizations play catch-up on diversity, equity and inclusion as minority business leaders seek resources
It’s been a year since social media timelines were filled with Black Lives Matter hashtags, messages of solidarity with people of color, and promises to address racism as organizations responded to the national racial justice movement.
Member-based nonprofits bolster efforts to deliver aid to minority-owned businesses
When the coronavirus pandemic hit eight months ago, many Latinx and Black business owners missed out on federal loans and other relief because they didn’t have relationships with local bankers or didn’t have financial statements in order.
MiBiz Growth Report: November 22, 2020
Here is the MiBiz Growth Report for November 22, 2020.
Flagstar Bank grants $150,000 for minority-owned small businesses in West Michigan
Grand Rapids Area Black Businesses and the West Michigan Hispanic Chamber of Commerce received $75,000 each from Flagstar Bank to offer grants to small businesses affected by the COVID-19 pandemic.
Comcast donates $25,000 in pandemic relief for Grand Rapids Black-owned businesses
GRAND RAPIDS — Black-owned businesses negatively affected by the COVID-19 pandemic in Grand Rapids can apply for financial assistance from a $25,000 donation from Comcast Corp.
Translators hired to help Asian businesses apply for Kent County COVID-19 funding
Kent County officials have provided $40,000 to help minority business owners facing language barriers access COVID-19 relief funding.
Black, Hispanic biz groups criticize Kent County’s process to allocate COVID relief funding
GRAND RAPIDS — Two organizations representing minority-owned businesses issued a public statement Wednesday condemning a Kent County program that’s distributing $25 million in federal CARES Act funding for small business relief.
Groups say their assistance with Kent County relief fund merits compensation
GRAND RAPIDS — In partnering on a $25 million small business relief fund, Kent County and the Grand Rapids Area Chamber of Commerce want to tap a number of community and entrepreneurial support organizations to get the word out to companies and provide volunteers to vet grant applicants.
‘INSULT TO INJURY:’ GR business owners rebound from protest damage as local leaders seek to mend old wounds
GRAND RAPIDS — The May 30 violence following protests against police brutality not only damaged dozens of downtown businesses on the verge of reopening, but also has caused local leaders to revisit efforts to mend the city’s historically strained police-community relations.
State, GR in discussions on resolution involving systemic bias at GRPD
GRAND RAPIDS — As part of an ongoing investigation into dozens of discrimination complaints against the Grand Rapids Police Department, the Michigan Department of Civil Rights and the city are in discussions over a “global resolution” involving systemic bias at the GRPD.
Grand Rapids Chamber seeks additional $2 million for small business relief fund
The foundation for the Grand Rapids Area Chamber of Commerce wants to raise another $2 million for an emergency relief fund for small businesses affected by closures from the COVID-19 pandemic.
Minority-owned businesses face structural barriers as they seek COVID-19 recovery
Leaders of Asian, Latino and African American business groups say their members face distinct challenges while recovering economically from the coronavirus, including a historical lack of access to capital, discrimination, immigration status and language barriers.
Alternative lender positions black-owned GR firm for growth
GRAND RAPIDS — When realized it needed to add vehicles to its fleet to grow the business, founder Rich Flowers ran into some roadblocks familiar to many African American and minority entrepreneurs.
Hungry investors seek Grand Rapids housing deals, rankling longtime residents
GRAND RAPIDS — From an undisclosed $100 million foreign-backed fund to local real estate agents, investors of all kinds are staking their bets on the Grand Rapids housing market.