State Supports $1.5 Million Fund to Help Small Businesses Recover, Pivot in Response to COVID-19
State of Michigan supports a new $1.5 Million fund to help small businesses recover. The Michigan Entrepreneur Resilience Fund helps small businesses from geographically disadvantaged areas survive the outbreak through recovery efforts, administered by Michigan Women Forward with support from Michigan Economic Development Corporation and other organizations and corporations, applications are now available. Click on… read more
GDI Infotech launches GDI TalentHub™ to connect IT Specialists to companies actively hiring during the COVID-19 crisis
ANN ARBOR, MI, (April 23, 2020) – GDI Infotech (GDI), a leading provider of Talent Matchmaking Solutions and Services has launched GDI TalentHub™ to connect IT Specialists to companies actively hiring during COVID-19 crisis. Millions of people have lost their jobs across the United States. Many industries and geographies have been hit hard. While there… read more
State Awards Pre-Seed Fund III to Michigan State University Foundation
Michigan State University Foundation has been approved to be the administrator of Pre-Seed Fund III granted by the Michigan Economic Development Corporation (MEDC). MSU Foundation will administer $3 million in Pre-Seed III funds to better support entrepreneurs and technology startups across Michigan. Approved by the Michigan Strategic Fund on April 14th, the MSU Foundation and… read more
Assistance for communities, small businesses, early stage tech companies impacted by COVID-19
New economic assistance for small businesses, early stage tech companies and communities around Michigan negatively impacted by the COVID-19 virus gained approval from the Michigan Strategic Fund, the Michigan Economic Development Corporation announced today. Click here to read more.
Tech Startup Stabilization Fund Offers Support for Early-Stage Tech Companies
The Michigan Economic Development Corporation has announced a $3 million fund which will provide investment and loan support for Michigan tech startups and companies. Administered by ID Ventures, applications now available for startups across the state at TSSFund.com.
Beringea holds startup business plan competition for Michigan high school students
Amid statewide school closures in Michigan, one local venture capital firm is offering $3,500 in prize money for high school students who create a winning business plan as an enrichment activity. Click here for more information.
Paycheck Protection Program in Michigan
Small Business Assoc of Michigan (SBAM) is working to create a coalition of small businesses to help them maximize the benefits/opportunities under the Paycheck Protection Program. CLICK HERE to read more about the program. The goal is to get as many companies committed to sign up because: Once the website goes live SBAM want to… read more
Fishman Stewart offers webinar on Crisis Strategy Tips for Intellectual Property
COVID-19 has turned the world upside down. Companies are facing unprecedented financial constraints and making difficult decisions to conserve cash. Fishman Stewart’s intellectual property (IP) attorneys weigh in via an interactive panel discussion. Topics include: Pausing the patent cash burn rate Implementing cost-effective ways to protect brands and inventions Deploying smart business practices to safeguard the competitive… read more
2020 Detroit Entrepreneurial Ecosystem Report released
Check out the release of 2020 Detroit Entrepreneurial Ecosystem Report developed by EntryPoint. Detroit has proven itself to be a powerful force in tech development and innovation. The City of Detroit is uniquely positioned to be a center of development and success. This report showcases the remarkable achievements made by the individuals and organizations that… read more
NVCA letter ask for clarification of Coronavirus Aid, Relief, and Economic Security (CARES) Act
Lead by the National Venture Capital Association (NVCA) a letter was sent to the U.S. Department of Treasury and Small Business Administration urging for clarification that small businesses with equity investors will not be excluded from the 7(a) loan program under the Coronavirus Aid, Relief, and Economic Security (CARES) Act. This nationally signed letter included support from… read more