Displaying items by tag: Michigan Strategic Fund
MSF approves incentives for 3 West Michigan mixed-use developments
State economic development officials on Tuesday approved brownfield incentives and performance based loans for three mixed-use apartment projects in Grand Rapids, Kalamazoo and Middleville.
5-story Holland condo project approved for $2.2M in brownfield incentives
HOLLAND — A luxury five-story residential and commercial building planned in Holland received approval Tuesday from the Michigan Strategic Fund board for $2.2 million in brownfield incentives.
Grand Haven’s Peerless Flats development secures $4.75M loan, additional incentives
GRAND HAVEN — A planned 124-unit apartment development in Grand Haven has been approved for a Michigan Community Revitalization Program loan for $4.75 million along with $1.38 million in brownfield incentives.
State expects ‘extremely high’ demand for $58.5M in small business COVID-19 relief
The latest state effort to provide financial aid to Michigan small businesses and entertainment venues that are ailing from the COVID-19 pandemic and resulting restrictions has a relatively short application window based on previous demand.
State prepares $58.5 million in relief funding for small biz, entertainment venues
The Michigan Economic Development Corp. plans to open applications next week for the $58.5 million in grant funding to aid small businesses and entertainment venues that were closed or curtailed by the most recent state-ordered restrictions in response to the COVID-19 pandemic.
State, federal lawmakers reach agreement on COVID-19 relief packages
State and federal lawmakers have each reached consensus on COVID-19 relief that will support small businesses like restaurants and venues still confronting pandemic-related restrictions.
Perrigo seeks $4.1M in tax incentives for planned GR headquarters; Holland expansion moves forward
GRAND RAPIDS — Perrigo Co. plc is seeking a 12-year incentive agreement estimated at $4.1 million in total property tax savings for its plans to relocate its North American headquarters to downtown.
State to open $10M grant program for small biz hampered by COVID-19 restrictions
The Michigan Economic Development Corp. announced Friday that it would soon start accepting applications for up to $15,000 relief grants from small businesses “disproportionately impacted” by COVID-19 pandemic restrictions.
New $200M fund builds on prior success, to include focus on minority-owned businesses
A new $200 million fund to support growing businesses in Michigan intends to direct half of the capital it raises to financing minority-owned companies.
Acrisure’s $33M relocation to Studio Park ‘on track’ for early 2021
GRAND RAPIDS — Acrisure LLC expects to complete its new global headquarters in downtown Grand Rapids’ Studio Park in the first quarter of 2021.