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Displaying items tagged: small business

Thursday, 04 June 2020 13:45

MEDC crowdfunding program matches donations to small businesses

LANSING — More than 100 small businesses across the state can use the Michigan Economic Development Corp.’s crowdfunding platform throughout June, gaining access to a matching grant from the MEDC of up to $5,000.

Published in Small Business
Wednesday, 27 May 2020 15:23

Salons, spas, barbers call on Whitmer to reopen industry

A coalition of barber shops, spas and salons today urged Gov. Gretchen Whitmer to allow them to reopen with precautions in place.

Published in Small Business
Monday, 25 May 2020 14:41

SBA turns focus to PPP loan forgiveness

 After approving more loans in six weeks than during the prior nearly 60 years combined, the U.S. Small Business Administration now looks to provide debt forgiveness to borrowers.

Published in Small Business

Monday, 25 May 2020 14:38

Continental Linen Services right-sizes business, adapts to new environment

KALAMAZOO — The 121-year-old Continental Linen Services Inc. helps customers keep their workplaces sanitary and clean. 

Published in Small Business
Wednesday, 20 May 2020 17:25

Citing lower claims, Blue Cross Blue Shield offers 30-percent credit to small business policyholders

Blue Cross Blue Shield of Michigan plans to give small businesses and other policyholders rate relief this summer as a result of lower medical claims during the COVID-19 pandemic.

Published in Small Business
Wednesday, 13 May 2020 15:10

New loan, grant funds set up to aid smaller businesses

New grant funds by the state and in Kalamazoo, as well as a loan fund in Grand Haven, are the latest efforts to provide relief to small businesses hit hard by the COVID-19 pandemic.

Published in Small Business

Monday, 11 May 2020 21:31

EMS Grand Rapids machine shop changes hands

GRAND RAPIDS — Full-service machine shop Grand Rapids Electric Motor Service LLC has been acquired by an individual investor. 

Published in Small Business
Sunday, 10 May 2020 18:28

The Intersection fights for survival amid venue shutdown

GRAND RAPIDS — Music venues across the U.S. are caught in a coronavirus quandary. 

Published in Small Business
Sunday, 10 May 2020 18:23

Meat Block’s retail store keeps up with demand despite volatile market

FRUITPORT TOWNSHIP — The Meat Block Inc.’s restaurant accounts have taken a big hit due to COVID-19, but the Muskegon-area retail store and online orders have kept the Anderson family busy. 

Published in Small Business

Sunday, 10 May 2020 18:20

Vertigo Music serves loyal followers with home delivery, curbside sales

GRAND RAPIDS — Listening to records during the stay-at-home order may seem essential for passionate music lovers, but during this pandemic, vinyl shops have been closed to the public since mid March.

Published in Small Business
Sunday, 10 May 2020 18:14

For tech firm Carnevale ID, reacting to unpredictable change is business as usual

GRAND RAPIDS — Technology firms like Carnevale ID Inc. are designed to react quickly to changes and create new innovations for clients. 

Published in Small Business
Sunday, 10 May 2020 18:24

Schuler Books leans on e-commerce, curbside orders

GRAND RAPIDS — In a matter of months, the coronavirus pandemic transformed a Grand Rapids-based independent bookseller’s business model.

Published in Small Business

Sunday, 10 May 2020 18:36

Sharpe Cars makes shift to online vehicle sales

GRAND RAPIDS — Coming off of strong sales in 2019, executives at Sharpe Cars had plans to reinvest capital into the company’s showrooms and facilities. 

Published in Small Business
Sunday, 10 May 2020 18:03

Local Epicurean encouraged by response to e-commerce shift

GRAND RAPIDS — Last year was “the best year ever” at Local Epicurean LLC, a maker of handmade pasta, sauces and specialty food products. 

Published in Small Business
Sunday, 10 May 2020 18:20

Suburban Inns ‘hanging on by our fingertips’

HUDSONVILLE — Nearly all of Suburban Inns Inc.’s more than 1,000 hotel rooms in West Michigan are sitting empty.

Published in Small Business

Sunday, 10 May 2020 18:10

Seven Steps Up worries about future of live concert venues

SPRING LAKE — Gary and Michelle Hanks have spent the last nine years building a niche business and bringing a variety of singer-songwriters and rising musicians to Seven Steps Up.

Published in Small Business
Sunday, 10 May 2020 18:10

StudioOne Creative helps clients pivot during pandemic

PAW PAW — When clients pivoted, so did Rene Rodriguez. In one instance, an industrial packaging maker in Bangor that serves the auto industry slowed when the pandemic hit, so the company retooled and shifted to design and produce face shields.

Published in Small Business
Sunday, 10 May 2020 17:44

Soldadera Coffee co-owner expands business from side hustle to full-time gig

GRAND RAPIDS — For the family-owned startup Soldadera Coffee LLC, the COVID-19 crisis has brought an unexpected opportunity.

Published in Small Business

Friday, 08 May 2020 10:20

Relief fund offers grants to downtown Holland, Zeeland businesses

HOLLAND — The Michigan West Coast Chamber of Commerce created a relief fund to aid small restaurants and retailers in downtown Holland and Zeeland hit financially by the COVID-19 pandemic.

Published in Small Business
Wednesday, 06 May 2020 14:15

Battle Creek COVID-19 grant program expanded for small businesses

BATTLE CREEK — A grant fund started in the wake of the coronavirus pandemic has expanded to $600,000 and will cover more businesses in the Battle Creek area.

Published in Small Business
Tuesday, 05 May 2020 15:47

SBA: Second round of PPP lasts longer as average loan size shrinks

The second round of the U.S. Small Business Administration’s Paycheck Protection Program has seen more loans approved for lesser amounts, an indication that smaller businesses are getting assistance.

Published in Small Business

Monday, 04 May 2020 08:29

Michigan small businesses approved for $5.56B in second round of PPP loans

The U.S. Small Business Administration in less than a week approved more than 60,000 loans totaling $5.56 billion under the Paycheck Protection Program for Michigan small businesses affected by the COVID-19 pandemic.

Published in Small Business
Friday, 01 May 2020 17:13

West Michigan small businesses receive $1 million in state funding, ‘staggering’ need

Nearly 200 small businesses in West Michigan that are struggling to survive through the COVID-19 pandemic will receive grant support from the state’s Michigan Small Business Relief Program.

Published in Small Business
Sunday, 26 April 2020 17:46

TRIAL BY FIRE: SBA races to provide relief to small businesses, but some hiccups remain

The sheer volume of small businesses that have sought federal relief loans illustrates the depth and scope of the economic pain brought on by the COVID-19 pandemic.

Published in Small Business

Friday, 24 April 2020 12:39

SBA plans to re-open applications Monday for PPP loans

The U.S. Small Business Administration intends to resume taking loan applications Monday for another round of the Paycheck Protection Program.

Published in Small Business
Sunday, 26 April 2020 17:26

Lakeshore retailers adapt, move online as some scramble to stay afloat

As the owner of longtime downtown Grand Haven retailer Down To Earth, Sholeh Veiseh has turned to hosting virtual fashion shows and offering sales on social media to bring in some revenue during the coronavirus closure.

Published in Small Business
Thursday, 23 April 2020 14:02

Michigan retailers report ‘dismal’ March activity

Nearly nine in 10 Michigan retailers say their sales declined in March, and about three-quarters expect further decreases over the next three months.

Published in Small Business

Wednesday, 22 April 2020 11:18

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.

Published in Small Business
Tuesday, 21 April 2020 17:00

During SBAM briefing, Gov. Whitmer discusses pathway to restart state’s economy

When looking to get Michigan back to business, the state must answer a variety of questions to assess the risk, according to Gov. Gretchen Whitmer.

Published in Small Business
Sunday, 19 April 2020 17:29

Michigan small businesses access more than $10 billion in SBA relief funding

The U.S. Small Business Administration approved relief loans totaling $10.38 billion for nearly 43,500 small companies in Michigan before running out of money.

Published in Small Business

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