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
GRAND RAPIDS — It will be June before there is any broad-based restart of any economic activity, said Paul Isely, associate dean and professor of economics in the Seidman College of Business at Grand Valley State University. State health officials have said the number of COVID-19 cases in Michigan will peak in early to mid-May.
LANSING - A new survey shows 92% of Michigan small employers are negatively impacted by the outbreak of the novel coronavirus, a continued escalation from 76% of small employers reporting negative impacts 10 days earlier. About 3% are positively impacted. These firms are likely experiencing stronger sales due to a sharp rise in demand for
WASHINGTON DC - As the economic damage from the coronavirus pandemic piles up, U.S. cities and states are set to face significant lost revenue given the loss of business activity. But, as DataTrek Research’s Jessica Rabe writes in a note, “there’s a simple and effective solution for states and cities to help cover their huge budget shortfalls after the COVID-19 pandemic subsides:
MUNCIE, Indiana – Extreme social distancing occurring in the United States is more than sufficient to create a recession as mass layoffs cause unemployment to exceed 10.5 percent nationally, says a new report from Ball State University. Within 90 days, the economic downturn caused by governmental efforts to mitigate the novel coronavirus will cause unemployment
ROYAL OAK - Stevan Bratic of Bratic Enterprises talks about his 5 million sq. ft. grow center on Fort Custer and the lessons he learned while trying to build a similar center in Muskegon County. https://youtu.be/wtu4BLqR9HU
ROYAL OAK - Cannabis Educator and Advocate Nikki Lawley talks about how using cannabis helped her relieve pain from a traumatic brain injury she received from a patient. To view this video, click on https://mimarijuanareport.com/2020/03/19/former-nurse-with-traumatic-brain-injury-used-cannabis-to-relieve-pain/
DETROIT - Businesses that need cash now to expand, buy equipment or get a bridge loan to stay afloat, third generation banker Bob Moore may be able to help. Moore can help all businesses types with purchase order and invoice financing, just to name a few of his financial tools. Moore said businesses of all
LANSING - The Michigan Marijuana Regulatory Agency on Monday issued Emergency Rules in the wake of the COVID-19 pandemic that lets licensed provisioning center and adult-use retailer to provide home delivery services through online sales. However, the MRA must approve the delivery procedure used by the designated licensed facility or adult-use establishment. The bulletin that
WASHINGTON DC - The House Veterans Affairs Committee said Thursday that it passed two pieces of legislation concerning cannabis policy. The initial bill, HR 712, the VA Medicinal Cannabis Research Act of 2019, would direct the Veterans Administration to start research on marijuana in regards to service-related issues. The second bill, HR 1647, the Veterans Equal Access Act of
