Displaying items by tag: economic development

Nearly $237 million in federal funding coming to the state is planned to support small businesses in Michigan through lending initiatives and equity investments in venture capital funds.

LANSING — General Motors, alongside top statewide elected leaders in Lansing, today announced separate multi-billion-dollar investments in Michigan that officials say will help to make the state a global leader in electric vehicle manufacturing.

Michigan needs to make further investments to become a top 10 state in economic performance despite the “huge improvement” and economic growth over more than a decade since the Great Recession, according to an analysis by Business Leaders for Michigan.

Muskegon County’s economic development organization is seeking new leadership as the firm continues a restructuring focused on attracting new corporate funders and coordinating strategic planning in communities.

ALLENDALE — Grand Valley State University has expanded its tuition-free program to all qualifying students in Michigan, reaching beyond the original six counties announced in early 2021. 

Here is the MiBiz Growth Report for January 17, 2022.

WAYLAND — Warehousing, transportation and third-party logistics company Classic Transportation and Warehousing plans to invest $8.4 million in a new facility.

The longstanding U.S. Supreme Court ruling in Roe v. Wade, which has protected abortion access before fetal viability for 49 years, is set to be directly challenged this year. 

Gov. Gretchen Whitmer met virtually on Friday with a group of elected officials, educators, economic developers and business leaders to discuss the direction of her administration’s new Office of Rural Development.

GRAND RAPIDS — Waséyabek Development Co. LLC is venturing into uncharted territories for tribal economic development firms following a new acquisition.