LANSING - A financing tool that helps businesses fund clean energy and energy efficiency projects would be expanded to include additional properties and water quality efforts under legislation announced last week. House Bill 5011 — sponsored by Rep. Yousef Rabhi, D-Ann Arbor — seeks to expand commercial Property Assessed Clean Energy (C-PACE) financing for infrastructure
GRAND RAPIDS — The city’s Local Development Finance Authority has recommended that Start Garden Inc. and Spartan Innovations L3C administer the Grand Rapids SmartZone business incubator through a collaborative approach. The LDFA on March 1 put out a request for proposals to run the business incubator, with the goal of bringing more diversity and equity among tech startups, as MiBiz previously reported.
KALAMAZOO — Representatives from Western Michigan University announced on Tuesday that the school has received the largest private gift ever bestowed on a public university. With the Empowering Futures Gift, anonymous donors will provide $550 million to the Kalamazoo school over the course of 10 years. Administrators expect the first round of funds to be available for
GRAND RAPIDS - After taking a year off, Start Garden is bringing back a business pitch competition that awards $1,000 to 100 contestants and $20,000 to 10 finalists. The Start Garden 100 begins accepting pitches from entrepreneurs who are asked to submit a 90-second video describing their idea. Start Garden will accept entries through July 26. Judges
GRAND RAPIDS — The autonomous shuttle that runs through downtown could transition to an on-demand format with new vehicles under a proposal before city officials to renew the pilot program that’s set to expire on April 30. The Autonomous Vehicle Initiative led by Mobile GR, Ann Arbor-based May Mobility Inc. and various private sponsors started in July 2019.
ZEELAND — Herman Miller Inc. plans to buy competitor Knoll Inc. in a $1.8 billion cash-and-stock deal that will create a new office furniture industry sales leader. Combining the two office furniture industry icons will create “the preeminent leader in modern design, catalyzing the transformation of the home and office sectors at a time of unprecedented disruption,” according to
ZEELAND — Office furniture manufacturer Herman Miller Inc. unveiled a new e-commerce platform this week that caters to the company’s commercial clients. Called Herman Miller Professional, the online store was created for small and mid-size businesses looking to purchase office furnishings online. Designed to make the ordering and shipping processes quick and convenient, Herman Miller compiled a
GRAND RAPIDS - IMMY Inc. — originally formed in 2002 in Detroit — is developing a display system aimed at curing the typical problems that accompany current head-mounted displays used for virtual and augmented reality. These displays — like Microsoft’s HoloLens, Facebook’s Oculus and MagicLeap — tend to cause eye fatigue, motion sickness and other
BENTON HARBOR - As a manufacturer with a reputation for skating the cutting edge of technology, Whirlpool Corp. leverages relationships with organizations and researchers globally to uncover emerging technology capable of transforming its operations. The Benton Harbor-based appliance manufacturer can look closer to home to find these emerging technologies thanks to an Industry 4.0 accelerator program created
GRAND RAPIDS — A West Michigan capital investment fund that involves the family office for Doug and Maria DeVos wants to make long-term investments across a variety of industries with a goal of preserving and growing local companies and jobs. The DeVoses’ Continuum Ventures LLC has partnered with Grand Rapids-based Auxo Investment Partners to manage the new Michigan Opportunity Fund, whose