MEDC Matches $2.76M In Venture Capital For Six Tech FirmsThe Michigan Economic Development Corp. Wednesday announced Michigan Strategic Fund investments of $2.76 million into six growing technology companies through the Pure Michigan Venture Match Fund.
Business Expansions, Community Projects, Entrepreneur Program Get State SupportThe eight expansions are expected to generate up to $95.8 million in new capital investments and add 789 new jobs in Michigan.
Grow Michigan, LLC Opens for BusinessGrow Michigan LLC, a collaboration of the Michigan banking community, Michigan Economic Development Corp. and the Michigan Strategic Fund, Monday announced the completion of its $30 million initial round of capitalization and commencement of investing operations.
TechTown Creates Detroit Technology Exchange With $1M GrantTechTown, Wayne State University's business and technology company incubator and research park, said Monday that it had received a grant for $1 million over two years from the Michigan Economic Development Corp.'s Michigan Strategic Fund to form the Detroit Technology Exchange.
LEAP Awarded $500,000 Incubator Assistance FundsThe Lansing Economic Area Partnership last week was awarded $500,000 from the Michigan Strategic Fund to support its business incubator activities through the Lansing Regional SmartZone.
MEDC Announces Pure Michigan Venture Development Fund InvestmentsThe Michigan Economic Development Corp. has announced Michigan Strategic Fund investments of $4.5 million into two venture capital funds to help grow the venture capital industry in Michigan.
Ann Arbor Spark Gets $1M for Washtenaw County Incubator CollaborationAnn Arbor Spark, the economic development organization for Washtenaw County, said Thursday it had been awarded $1 million from the Michigan Strategic Fund to support its business incubator activities via the creation of the new Washtenaw County Incubator Collaborative.
14 Companies To Add 4,590 Michigan Jobs, Invest $1.1 BillionThe Michigan Strategic Fund Wednesday approved state incentives to support 14 business expansions that are expected to generate more than $1.1 billion in investments and add 4,590 jobs in Michigan.
Six Companies To Invest $117M, Add 295 Jobs In MichiganThe Michigan Economic Development Corporation Wednesday announced Michigan Strategic Fund approval of Michigan Business Development and Community Revitalization program incentives to six companies planning expansions in the state. The projects are expected to generate nearly $117 million in investments and add 295 new jobs in Michigan.
State Approves Help For Projects Investing $142.8M, Adding 762 JobsThe Michigan Economic Development Corp. announced Michigan Strategic Fund approval of the 2013 Business Incubator Program Request for Proposals, as well as several jobs-creating projects including Michigan Business Development Program incentives to three expanding companies, a MEGA amendment and a brownfield work plan approval.
Five Companies To Invest $39M, Add 355 Jobs In MichiganThe Michigan Economic Development Corp. Thursday announced Michigan Strategic Fund approval of Michigan Business Development and Community Revitalization program incentives to five companies planning expansions in the state.
Michigan Strategic Fund Boosts High Tech Research, Entrepreneur Assistance And MoreThe Michigan Economic Development Corp. Thursday announced Michigan Strategic Fund approval of the designation of the first Center of Innovation in Michigan, renewal of the State Trade and Export Program, Entrepreneurial Service Provider Request for Proposals awards, a Michigan Business Development Program incentive, a General Motors MEGA amendment and a brownfield work plan approval.
MEDC Offers More Details On RFP For Startup SupportThe Michigan Strategic Fund and the Michigan Economic Development Corp. has issued a Request for Proposals from nonprofit organizations and universities in Michigan to provide specialized support services to assist entrepreneurs in launching and growing high-tech companies throughout the state.
Michigan Strategic Fund Approves Development Corp., Services, Biz IncentivesThe Michigan Strategic Fund Wednesday approved the designation of the West Michigan Economic Partnership as the state’s newest Next Michigan Development Corp., the Entrepreneurial Service Provider Request for Proposals and four Michigan Business Development Program incentives.
Three Companies To Invest $37.1M, Add 232 Jobs In MichiganThe Michigan Economic Development Corp. announced that three companies were approved for incentives by the Michigan Strategic Fund through the Michigan Business Development Program to support their expansions in the state. The projects are expected to generate up to $37.1 million in investments and add 232 new jobs in Michigan.