Entrepreneurs Archives

Michigan Entrepreneur Resilience Fund’s Focus On Helping Women Business Owners

LANSING - The Michigan Economic Development Corporation and Michigan Women Forward announced last week they have created a $1.5 million fund to help certain small businesses recover from COVID-19. The Michigan Entrepreneur Resilience Fund will provide recovery grants of $1,000-$5,000 and microloans of $5,000-$10,000 that can be used to support small businesses management of expenses

By Mike Brennan|2020-05-23T15:23:13-04:00May 18th, 2020|Entrepreneur, Entrepreneurs|

Report: 77 Percent Of Small Businesses In Michigan Successfully Submit PPE, EIDL Loans

LANSING – Seventy-seven percent of small businesses have successfully submitted an application for the Paycheck Protection Program and the Economic Injury Disaster Loan programs, a recent survey reports. Key Findings of today’s survey include: The majority of small businesses have applied for a PPP loan. About 84 percent of applications were submitted before April 17,

By Mike Brennan|2020-05-17T13:54:18-04:00May 17th, 2020|Entrepreneur, Entrepreneurs|

Cityside Ventures Launches COVID-19-Impacted Business Consulting Service

BIRMINGHAM – Angel investors Doron York and David Weaver, known lately as the co-founders of Cityside Ventures, have come up with a new way to help small businesses survive the COVID-19 depression that some experts say could bankrupt half of them by the end of 2020, if not sooner. Enter eiconica Advisors, billed as the

By Mike Brennan|2020-05-20T11:55:51-04:00May 15th, 2020|Entrepreneur, Entrepreneurs, Featured|

2,700 Michigan Small Businesses Get State Relief Grants

LANSING—More than 2,700 small businesses around Michigan have been awarded a total of $10 million in grants by local economic development organizations through the Michigan Small Business Relief Program, the Michigan Economic Development Corp. announced. The grants under the Michigan Small Business Relief Program are intended to support businesses facing drastic reductions in cash flow

By Matt Roush|2020-05-08T11:55:19-04:00May 8th, 2020|Entrepreneur, Entrepreneurs, Politics, Politics/Government|

Report: 1,322 Michigan Angels Invested $73.6 million

Report: 1,322 Michigan Angels Invested $73.6 million

ANN ARBOR—The Michigan “angel investor” community released its 2019 annual research report, showing an increase in the number of angel investors and the amount they invested in Michigan startups last year. “Since we started publishing this report in 2017, angel activity across Michigan has steadily increased,” said Skip Simms, Michigan Angel Fund managing director and

By Mike Brennan|2020-05-06T18:02:50-04:00May 6th, 2020|Entrepreneur Corner, Entrepreneurs|

Quicken Loans Provides $25K To Launch Rebrand Cities Digital Accelerator

DETROIT - The Quicken Loans Community Fund has partnered with the City of Detroit and Rebrand Cities to provide a digital accelerator to 100 Detroit small businesses. The four-week virtual course will provide all the resources and instruction necessary for small businesses to build out a functioning website with an e-commerce shop that they will

By Staff Writer|2020-05-05T16:06:48-04:00May 5th, 2020|Entrepreneur, Entrepreneurs, Featured|

TechTown Doubles Small Business Impact With Latest Funding Round

TechTown Doubles Small Business Impact With Latest Funding Round

DETROIT - The TechTown Stabilization Fund closed with 347 grantees receiving a total of $575,000 in funding – adding to the 350 small businesses previously funded by TechTown’s Detroit Small Business Stabilization Fund. Together, the two funds funneled approximately $1.2 million into local small businesses in the midst of the ongoing COVID-19 crisis. The New Economy

By Staff Writer|2020-05-05T16:06:49-04:00May 5th, 2020|Entrepreneur, Entrepreneurs, Featured|

2020 Midwest Venture Virtual Showcase to Feature Sixty Companies Seeking Investments

ANN ARBOR – Organizers of the 2020 Midwest Venture Showcase, a partnership between the Midwest Growth Capital Symposium and InvestMidwest, announced that 61 companies seeking funding will be showcased to an audience of top-tier investors, entrepreneurs, researchers and business executives at the virtual event on May 5-8. The showcase will be presented as a virtual

By Mike Brennan|2020-04-27T11:12:09-04:00April 25th, 2020|Entrepreneur Corner, Entrepreneurs, Featured|

12 Small Businesses, Non-Profits Making PPEs To Battle COVID-19 Get $1 Million

LANSING - Twelve small businesses and nonprofits around Michigan have been awarded a total of $1 million through the Pure Michigan Business Connect COVID-19 Emergency Access and Retooling Grants program, the Michigan Economic Development Corporation announced today. The program is providing the funds to small manufacturers looking to retool and produce critical health and human

By Mike Brennan|2020-04-15T18:52:52-04:00April 15th, 2020|Entrepreneurs, Featured|

Business Accelerator Fund Services Expanded To Support Startups Battling COVID-19

LANSING – The MSF Board has approved modifications in the Business Accelerator Fund (BAF) which provides grants to 16 Smart Zone business accelerators to help high tech companies commercialize technology and grow. These modifications will help the Smart Zone accelerators better support their clients that are now struggling due to drastic economic decline due to

By Mike Brennan|2020-04-10T13:10:51-04:00April 7th, 2020|Entrepreneur, Entrepreneurs, News|