DETROIT - Invest Detroit has announced closing four transactions totaling $32 million using its New Markets Tax Credit allocation from the U.S. Department of the Treasury’s Community Development Financial Institutions Fund. The allocation will support four transformative projects in the city of Detroit. Invest Detroit is a mission-driven lender, investor, and partner that supports
ANN ARBOR – Invest360 event celebrated some of Southeast Michigan’s most innovative early-stage companies. With fifteen startups competing for a share of $200,000 in investment funds across the Technology, Healthcare, and Mobility sectors, the event highlighted the region’s vibrant entrepreneurial ecosystem. Culturebie claimed top honors in the Technology sector, impressing with its enterprise software aimed
If you take care of these Common Investing Pitfalls To Avoid, Investing your money can potentially unlock further value from your hard-earned or inherited cash. In fact, those who become affluent often stay affluent not by keeping their money locked away in a bank, but by putting their money to work, living off the return,
If you’ve been reading books on investing for any length of time you know the core tenants of Wall Street Wisdom by now: Diversification Myth: Diversify your Assets across Index Funds, asset classes, and geographies using low cost indices and ETFs. Stock Market Myth: Public stock markets are the best way to invest your money.
Have you ever wondered about the secrets behind successful dividend investing? It's a strategy that has gained immense popularity, particularly among those eyeing a steady income in their later years. Are you ready to dive into this world and explore how you can make the most of dividend stocks, especially now when inflation seems to
ANN ARBOR - Diane Durance, president of the Michigan Capital Network Association, joins MITech TV to talk about the association that operates a network of angel groups in Michigan. Each group is locally managed and is passionate about building the local business ecosystem. The MCN network as a whole helps syndicate deals throughout the state,
When making your decision to invest in crypto, there are a few things you should consider. While price fluctuations are typical in this market, they shouldn’t be the only thing that impacts your decision. You should also consider the price history of cryptocurrencies over a more extended period of time. You also need to make
DETROIT - Technology continues to impact every aspect of life and industries, including financing. Unlike a decade ago, you no longer have to place a call to your broker to buy or sell stocks. Technology offers a broader range of investment options, and the fees are much lower. You can also track and manage your
LOS ANGELES – Backstage Capital, a boutique venture capital firm that invests exclusively in women, people of color, and members of the LGBTQ+ community, announced this week the launch of Backstage Tour 2020 - a multi-city, one-day event series bringing knowledge, investment, and connection. The tour comes to Detroit June 20. Events will feature entrepreneur
ANN ARBOR - AOL Founder Steve Case brought his Rise of the Rest Venture Capital roadshow to Ann Arbor Wednesday where he meet with other private equity finance, state and city officials at Zingerman's Roadhouse. He was interviewed by MITechNews.Com Editor and Publisher Mike Brennan. During this 2,600-mile trip, Case will personally invest $500,000 ($100,000
