MiBiz

About MIBiz

This author has not yet filled in any details.
So far MIBiz has created 44 blog entries.

Auxo Completes Raise For $50 Million Private Equity Fund

GRAND RAPIDS — Auxo Investment Partners closed fundraising for its first fund after netting $50 million from family offices and institutional investors. The close last week enables Auxo’s partners to focus solely on seeking and vetting investment prospects. The Grand Rapids-based private equity firm expects to invest in 10 to 15 companies over the next three years

By |2018-09-04T19:10:41-04:00September 4th, 2018|Entrepreneur, Entrepreneurs|

Auto Supplier To Open Tech Hub In Grand Haven

GRAND HAVEN - West Michigan automotive supplier GHSP Inc, a division of Grand Haven-based JSJ Corp,is planning to move into an advanced tech hub in Grand Haven. The manufacturer of electronic vehicle shifting systems and pumps for the automotive industry said it will open the 7,000-square-foot office in Grand Haven, where 20 employees will be tasked with developing

By |2018-08-20T08:01:12-04:00August 20th, 2018|Auto Tech, Autonomous Vehicles|

Grand Rapids’ Investment In Green Infrastructure Outweigh Costs

GRAND RAPIDS - Grand Valley State University researchers have found the benefits outweigh the costs of Grand Rapids’ investment in green infrastructure to limit stormwater runoff. Advocates say the findings are significant for quantifying the environmental benefits of projects that cost more upfront compared to traditional “gray infrastructure” that simply diverts stormwater to the Grand River,

By |2018-08-20T08:01:12-04:00August 20th, 2018|Clean Update|

Grand Angels Seeks To Create $25 Million Investment Fund

GRAND RAPIDS - Grand Angels plans to launch its third venture capital fund, seeking $15 million to $25 million that builds off of two prior, smaller venture capital funds at the organization. The new fund would target investments in advanced manufacturing, advanced agriculture, life sciences and software, all of which were focuses of the previous funds. Managing

By |2018-08-20T08:01:12-04:00August 20th, 2018|Entrepreneurs|

Pfizer Taps New State Incentive With $465 Million Investment At Portage Campus

PORTAGE — Pfizer Inc. is the first manufacturer to take advantage of the Good Jobs for Michigan incentive program signed into law a year ago by Gov. Rick Snyder. The pharmaceutical giant said today it will invest $465 million into a two-story, 400,000-square-foot building at its Portage campus, which will serve as a sterile drug manufacturing facility.

By |2018-07-26T14:51:48-04:00July 26th, 2018|Life Sciences, Politics|

Manufacturers Invest In Cybersecurity To Protect Intellectual Property

GRAND RAPIDS - By making a significant investment in cybersecurity, West Michigan manufacturers can avoid having their sensitive information getting into the wrong hands. Just ask Jessica Dore, a principal in technology risk management in Grand Rapids at accounting and consulting firm Rehmann LLC. Dore works on the firm’s Corporate Investigative Services unit that performs cybersecurity

By |2018-07-26T14:51:48-04:00July 26th, 2018|Cyber Defense|

Vestaron Seeks $12 Million Investment To Commercialize Spider Venom Pesticide

KALAMAZOO - Vestaron Corp. seeks to raise $12 million in investments to enable the company to bring to market its environmentally friendly pesticide based on spider venom. Vestaron closed in late June on the first round of the capital raise, netting more than $4.2 million from five existing investors. The capital will go toward producing

By |2018-07-11T19:26:56-04:00July 11th, 2018|Entrepreneurs, Life Sciences|

Ford Taps Grand Rapids For City Of Tomorrow Mobility Pilot

GRAND RAPIDS - Grand Rapids is one of three cities nationally to be selected for a pilot program from Ford Motor Co. aimed at addressing the transportation needs of today and in the future. In selecting Grand Rapids along with Miami and Pittsburgh, the Dearborn-based automotive company hopes to engage residents and the business community in determining

By |2018-07-02T20:54:31-04:00July 2nd, 2018|Connected Tech, Mobile MI|

West Michigan Medical Device Startup Gets $3 million Investment

GRAND HAVEN — JSJ Corp. has invested $3 million in a startup company that wants to commercialize a device designed to reduce infections acquired in hospitals and other settings. UV Partners Inc.’s UVAngel disinfects surfaces using safe, low doses of ultraviolet light. The device mounts atop surfaces such as computer keyboards, touchscreens and equipment. The system’s sensors

By |2018-07-02T20:53:01-04:00July 2nd, 2018|Entrepreneur, Entrepreneurs|

Grand Rapids Group Seeks To Connect Cannabis Growers With Testing, Distribution, Insurance Needs

GRAND RAPIDS - As Michigan begins to license medical marijuana businesses, a new association seeks to offer an array of financial services to the industry. The Grand Rapids-based Michigan Cannabis Risk and Financial Association LLC wants to connect medical marijuana growers, processors, testing facilities, distributors and sellers with insurance and other professional services they need for their

By |2018-06-25T10:15:05-04:00June 25th, 2018|News|