GRAND RAPIDS - Three area entrepreneurs have launched a new high-tech production space to meet the digital needs of area businesses. TheCollaborative Lab LLC, located at 943 W. River Center Drive NE in Comstock Park, held a soft opening last year but will open its doors to the general public on June 1. The open
KALAMAZOO — Green Door Distilling Co. now has a National Basketball Association Hall of Fame player within its ownership group. The Kalamazoo based-distillery today announced that former Detroit Piston and NBA champion Ben Wallace has purchased a stake in the company, joining majority owners Steve Jbara and Scott Benton, who have grown to become familiar business partners
GRAND RAPIDS - Michigan electric vehicle registrations climbed nearly 60 percent over the past year, which comes as the state is preparing to deploy tens of millions of dollars for additional charging infrastructure. State officials project as many as 60,000 plug-in electric vehicles to be on Michigan roads by 2024. Electric vehicle adoption is expected
GRAND RAPIDS — Charter Growth Capital Fund has acquired a minority stake in Grand Rapids-based public relations and investor relations firm Lambert & Co. The debt and equity investment will support Lambert & Co.’s growth at its locations in Michigan, Arizona, Texas and New York, as well as help accelerate the firm’s M&A strategy and the launch of new
GRAND RAPIDS - 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. The Michigan Economic Development Corp. aims to deploy the federal funding across five programs, including investing $75 million in one or more venture capital funds
GRAND RAPIDS - Grand Rapids Community College and workforce development organization West Michigan Works! have launched a program aiming to make big strides in preparing participants for the future of manufacturing. In early 2021, GRCC announced that it was a recipient of a $9.8 million grant from the U.S. Department of Labor to create the One Workforce for
GRAND RAPIDS - The Going PRO Talent Fund is a Michigan government program that manufacturers have leveraged to equip workers with the skills they need in the Industry 4.0 landscape. The program, which received $40 million in the current state budget, awards grants to manufacturers and other employers throughout the state that they can use
LANSING - An oil and gas pipeline expert testifying in a permitting case involving Enbridge’s Line 5 says state energy staffers are downplaying the risk of a potentially catastrophic explosion within a proposed tunnel that would carry oil and propane beneath the Straits of Mackinac. Richard Kuprewicz, the president of Washington-based Accufacts Inc. who has
GRAND RAPIDS - LG Energy Solution Michigan Inc. has secured $1.36 billion in financing to support battery manufacturing expansions in North America, at least some of which will happen in Holland, the Detroit News reported last week. Meanwhile, officials with Jackson-based utility Consumers Energy confirmed to MiBiz that the company is in discussions with state
GRAND RAPIDS — Michigan Capital Network has further expanded its angel investment network across the state with the addition of Saginaw-based BlueWater Angels. The addition expands Grand Rapids-based Michigan Capital Network to five angel investing affiliates that include Grand Angels in Grand Rapids, Ka-Zoo Angels in Kalamazoo, Woodward Angels in Detroit, and Flint Angels. The addition of BlueWater Angels expands Michigan Capital Network into
