Displaying items by tag: Michigan Strategic Fund
Michigan Strategic Fund approves $10M pandemic relief program for small businesses
The Michigan Strategic Fund has approved a $10 million COVID-19 relief grant program for small businesses that were harmed by recent state restrictions affecting restaurants and entertainment facilities.
MSU officials see close alignment with Perrigo’s planned GR headquarters
GRAND RAPIDS — Perrigo Co. plc’s planned North America headquarters in downtown Grand Rapids adds a major new player to the Medical Mile academic, research and health care cluster as well as a potential new partner for Michigan State University.
Perrigo CEO sees Grand Rapids Medical Mile as potential ‘Silicon Valley of self-care’
GRAND RAPIDS — Executives at Perrigo Co. plc believe the company’s new North American headquarters will fit in neatly with the city of Grand Rapids’ burgeoning health care sector along Medical Mile.
State-backed seed capital fund hits the ground running
A new capital fund seeded with state money got off to a quick start and has made investments in a half dozen young technology companies since launching two months ago.
MiBiz Growth Report: September 27, 2020
Here is the MiBiz Growth Report for September 27, 2020.
Gerber secures Renaissance Zone for $36 million Fremont expansion
FREMONT — The Michigan Strategic Fund has approved a 10-year Renaissance Zone tax abatement for Gerber Products Co.’s $36 million expansion at its Fremont facility.
GR nonprofits seek land bank properties, state legislation to grow affordable housing stock
GRAND RAPIDS — Local housing nonprofits are beginning to vet dozens of vacant properties made available through the state’s Land Bank Authority in an effort to fill the city’s need for affordable housing.
Bipartisan bills seek pilot program, tax incentive for community developments
LANSING — A bipartisan bill package in the state Legislature would create a pilot program and new tax incentive to promote affordable housing, business development and blight elimination projects in economically distressed areas of Michigan.
State approves $4.4 million in tax incentives for downtown GR development
GRAND RAPIDS — The Michigan Strategic Fund board has approved brownfield tax incentives totaling $4.4 million for the renovation of the Vandenberg Center in downtown Grand Rapids to transform the underutilized properties.
New business applications in Michigan skyrocket during pandemic
As the COVID-19 pandemic battered Michigan’s economy through the spring and early summer, the number of people forming their own businesses grew exponentially.